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Thursday, December 25, 2008

Secrecy - Good Or Bad

Keeping a secret that has been entrusted to you, can be a good deed, if it protects a truth that is for everyone's good. However, it is a burden, and as Poor Richard says, if you tell somone then it is no longer a secret. However, keeping a secret can be a bad burden, as we have seen from so many of the recent financial frauds and financial mismanagements. In this case, secrets of fraud and bad management, has harmed and in some cases destroyed peoples lives. In analysing secrets they can be either good or bad depending on the content and message of the secret. A case in point is yesterdays blog " History of Monetary Fraud " in which I pointed out that the secrecy practiced in Ponzi schemes allows the criminal to practice on trusting people, in other words, trust is the casualty of secrecy and in this case a secret is bad.

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