Many people in our society invest in bonds. Perhaps you, reading this article, have invested in bonds at least once and are still investing now. Bank deposits are a form of bonds, just not labeled as ‘bonds.’ When you deposit your money in a bank, the money isn’t considered bank money. Interest is paid because the money isn’t withdrawn immediately. When you withdraw your deposited money, the bank must return the principal plus interest. This is essentially a bond. However, the only reason this differs from bonds as an investment asset is that these bank deposits are not traded on the market. If bank deposits were traded publicly, the interest rate would be evaluated in comparison with other deposits, even if the principal remains unchanged. Valuation reflects opportunity cost. This is the transaction value of bonds. When goods or assets are traded in the market, their value is re-evaluated. The core of value is comparison, and the tool for valuation is opportunity cost. That’s why CEOs...
Adenosine is released when our body is tired, making us feel exhausted. Rest serves as a complementary action for fatigue rather than a mere exercise of will to “take a rest.” The caffeine in coffee prevents the sensation of fatigue by interfering with adenosine’s binding to neuronal receptors in the brain. It doesn’t eliminate the substance that causes fatigue; it simply disturbs the senses. Humans have negative elements, and while removing them is the fundamental solution, they often misunderstand the impact of caffeine on their senses as a remedy. Ultimately, without rest, a person can become overwhelmed. Problem-solving should begin with acknowledging reality, but if we view illusion as a solution, there will be no answers. - Joseph’s “just my thoughts”