Money is the most widely used medium of exchange worldwide, serving as a way to buy essential goods needed for life or to store wealth. Since the country guarantees the stability of fiat currency, it becomes possible to exchange ‘things for money’ instead of ‘things for goods,’ unless the country goes bankrupt. However, this amount of money cannot be increased indefinitely. When there is too much money in circulation, its value drops below the price of goods, causing those who hold wealth in money to lose that wealth. The key point is that money is limited in the market. Due to this limitation, money gains value. The government regulates this money supply through the ‘interest rate.’ Raising the interest rate reduces the money supply, while lowering it increases the supply. This helps control prices. Therefore, understanding the interest rate is crucial for managing and valuing wealth, making it essential to know the interest rate above all else in life. - Joseph’s “just my thoughts”
Some characters occasionally appear only to family members or close friends. For example, although he is generally generous to others, he becomes angry with his mother, who has endured much for him. He does not contain his anger toward a specific person for long. Even those who have known me for a long time, my unusual character, which they may not fully understand, defines me, intervenes in my life until death, and influences critical moments. Even within my family, if they cannot accept my unique and limited character, I will ultimately live as if estranged from someone else.
- Joseph’s “just my thoughts”
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