Being wealthy means your assets grow larger, and their value increases too. The purpose of all economic activity is to secure assets. The more assets you have, the more opportunities you create. Assets represent the total of what one owns and borrows from others. In other words, it is the complete amount of resources available for earning time. Resources serve as the foundation for acquiring additional resources. It’s like using small earthworms as bait to catch fish. Thus, it is said that money makes money. This is referred to as financial income. Income is primarily categorized into earned income and financial income. If you have a substantial earned income but lack financial income, you are more likely to face poverty in the future. - Joseph’s “just my thoughts”
The mass production of artworks is less valuable. Imagine if Van Gogh’s famous works were produced in the same way, with hundreds of thousands of copies distributed worldwide—how much would they be worth? However, if there are too many copies of the original artwork and a growing curiosity about the original, the value of the original increases because of the many copies. In other words, the replicas at this time serve as media rather than as true works of art. Supply and demand also significantly influence value formation, but in the meantime, media actually plays a vital role in establishing value. What is the media that shapes my values now? - Joseph’s “just my thoughts”