Influence of Time: Time has the power to change the values of this world and people’s minds. The passage of time—past, present, and future—is only significant to humans, and if there is an all-powerful God, it likely holds no meaning for Him. Time accomplishes many things, and God rules the world through it. As time progresses, people change, and the world changes as well. When time flows, the world transforms, and it is natural for humans to adapt to these changes. My attitude toward time influences my values, which in turn shape my actions and perspectives. My values do not influence time; rather, time influences me. Observation is not just seeing the world but also seeing myself. It is a wise attitude to judge both myself, who is affected by changing times, and the world, which is already in flux. - Joseph’s “just my thoughts”
Value in Kind (VIK). Refers to the spot value . We pay money to buy the goods we need, which represents an exchange of goods for currency. However, since money is also a kind of good, it has a relative value that constantly changes. That’s the price. When the price of goods rises, it indicates that the value of money in relation to goods declines. This phenomenon is called INFLATION . If other goods exchanged for goods experience a greater value increase than currency, the seller finds it more advantageous to transact using those other goods rather than currency. We prefer to exchange currency in transactions because it is a government-guaranteed compulsory means of exchange . The right to exchange anything constitutes compulsory circulation power . However, this is the only value of money. If the price of gold is rising significantly, and you can exchange gold for goods, it becomes a better option for producers of goods to trade in gold instead of money. Originally, the pre-currency...