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”
Not all of them are like that, but it’s not easy to say that many of those who have learned a lot know what they don’t know. However, when you acknowledge “I don’t know” what you don’t know, the wisdom gained from that ignorance enriches everyone. Learning begins with recognizing what you don’t know, while what you do know involves a clear understanding of that unknown. This awareness can help reduce the chaos of the world, even if just a little.
- Joseph’s “just my thoughts”
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