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”
Plants produce a toxin called alkaloids for their protection. Over 200 types of alkaloids exist in nature, and they are known for their bitter taste. Humans dislike bitterness and prefer sweetness. Among taste receptors, there are four times as many receptors for detecting bitter flavors compared to other taste perceptions, which is believed to be an evolutionary adaptation for safety against toxins. Fear is an instinctual response in humans to ensure security. Aversion to pain may also serve as a survival mechanism. Don’t be vaguely afraid of fear.
- Joseph’s “just my thoughts”
Comments
Post a Comment