Storytelling: When the future is uncertain and making decisions becomes difficult, we should calmly gather our thoughts and craft our own story. Stories hold power—the power to neatly organize complex situations. We accept and understand even absurd stories with interest if they fit the art of storytelling. Storytelling reconstructs the situation and finds and fills in the missing meaning between events based on facts. As a result, we complete and accept a coherent narrative. We experience cognitive dissonance when a narrative isn’t interpreted due to an incomprehensible situation, meaning the gap between events isn’t understood. This cognitive dissonance causes instability, which further complicates the situation. Addressing twists, turns, and future uncertainties requires a focus on storytelling. In this process, I need to identify the parts I missed and complete the meaning. - Joseph’s “just my thoughts”
Capitalistic thinking is not about domination by capital; it refers to financial thinking. The economy revolves around exchange. The performance of the counterparty corresponding to what I want to exchange is called ‘ consideration ,’ and a ‘ transaction ’ is the accumulation of added value by exchanging equal considerations. However, among transactions, this consideration is not relative but absolute; trading solely in one fiat currency as consideration is termed ‘ finance .’ When I obtain a loan, the bank lends me fiat currency (the bank’s consideration), but my obligation is to return the fiat principal plus the contracted interest . The consideration in this transaction is unidirectional, involving only one fiat currency. In contrast, when I buy shoes, the seller has an obligation to hand over the shoes to me, and I have a counterpart obligation to pay in fiat currency. Once these two considerations are exchanged, an industrial transaction occurs. However, as noted earlier, in f...