If you’re alone on an uninhabited island, you don’t need money; you only need resources and labor to process those resources for survival. In other words, there’s no need for an exchange-based economy. The exchange of goods led to the development of an economic system that dramatically increases efficiency and productivity. The monetary system was created because society consists of many people living together. To facilitate exchange, value had to be measured, and a price assigned to that value. The foundation of wealth is built on production and exchange. We all rely on others to survive. - Joseph’s “just my thoughts”
Abraham, in the Bible, remained silent when God revealed that he should offer his only son, Isaac. However, when he rescued his nephew Lot from the doomed city of Sodom, he bargained with God. What is a “bargain?” In life, it is crucial to know with whom to bargain and when. If we bargain over what we shouldn’t or don’t do what we should do bargain, then our lives can become quite weird. Every day, we seek something to bargain for, repeatedly hoping for favorable outcomes or facing disappointments.
- Joseph’s “just my thoughts”
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