A ‘transaction’ is an act of debt between parties. The seller owes goods to the buyer (performance debt), and the buyer owes money to the seller (monetary debt). A transaction is considered complete when the debt is settled and the promise to owe each other is called a ‘contract.’ Thus, a good trader or businessman excels at making and repaying debts. When it comes to debt, the type of debt matters. Anyone who misjudges this should not engage in business. - Joseph’s “just my thoughts”
"Asset" means the root of wealth. These “assets” live on credit. Each kind of faith is different. When someone trusts me, someone will trust my gentle character, my sincerity in keeping my promise, or my will to do what I do. In commercial transactions, however, other trading parties trust my “assets” rather than my personality. Even if you do not have a good personality, if you have a lot of assets, transactions with him are active. Wealth is faithful to principles and does not discriminate based on personality. But this does not mean that personality is unnecessary. - Joseph’s “just my thoughts”