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Just my thoughts #0732

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”
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Just my thoughts #0667

Employees at securities firms have access to stock information that is more abundant and faster than what the general public receives. However, only a few among them are truly wealthy. Many believe that having a good environment, a prime location, and access to exclusive, valuable information will lead to wealth, but the reality is different. In truth, a person’s perspective and practical ability to understand the world hold greater power. A life dedicated to understanding the essence of phenomena and things ultimately enriches one’s existence.


- Joseph’s “just my thoughts”




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