Pricing Power : The phenomenon where the value of money falls below the price of goods is called inflation , and it is said we are currently in an era of inflation. However, it’s not that simple. Inflation is realistically characterized by prices not rising all at once during an inflationary period but rather increasing rapidly for some items and slowly for others over several years. This phenomenon is known as the ‘ Cantillon Effect .’ In other words, inflation is neither uniform nor regular. Conversely, when prices fall below the value of money, it is referred to as deflation . To survive deflation, companies must innovate, often by reducing costs and expenses. During inflation, rising costs must be passed on to other economic agents through increased prices, a concept known as Pricing Power. Since companies cannot pass on all the rising costs, many go bankrupt during periods of inflation. - Joseph’s “just my thoughts”
The breath that continues every moment becomes our life. Our breaths are always sincere. Sincerity is our burden. However, no one considers the breath a burden. To live, we must persist. The paradox is this: if the burden is light, we can ignore it and feel we don't have a reason to continue. It is a weakness of small integrity. To live a better life, we have to do something small every day that's even small, but not burdensome, like breathing. Pretend to be fooled, but believe me just once. Life will change. - Joseph’s “just my thoughts”