Occupy and Move: These concepts are the key to wealth. Here, ‘occupy’ means owning goods, and ‘move’ refers to transferring ownership through exchange. Wealth is built by accumulating possessions. For accumulation to occur, a good must first be owned by someone else and then transferred. The transfer of ownership is what I call the movement of goods. To transfer, a payment is made to the current owner, usually in currency. Currency simplifies exchanges, as it is easier to move and issue than physical goods. Today, currency moves electronically, accelerating transactions. Had goods always been exchanged directly for other goods, exchanges and wealth accumulation would progress more slowly and inefficiently. The economic system now manages prices by adjusting the money supply, controlling the value of goods relative to currency, since money is easier to manage than goods. Business and investment outcomes depend on whether wealth is stored in money or in goods. If you emphasize goods, pat...
Psychologist Robert Epstein published a paper in 2002 that found that many couples who do not marry, due to affection being the main cause, such as in arranged marriages, develop romantic relationships with greater affection over time than couples who marry for love. In other words, love doesn’t change us; rather, when we change our behavior, greater love emerges. If you change your mind, your behavior will change, but in fact, if you change your behavior, it seems more reasonable to change your mind. Actions influence the mind.
- Joseph’s “just my thoughts”
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