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”
Even though tigers are stronger than rabbits , they are concerned about extinction worldwide , while rabbits do not share that worry. A crucial requirement for human survival is social interaction . Isolating oneself from society poses a serious threat to survival. Thus, all individuals who have disconnected from society are vulnerable. Based on this premise, there is no superior gene in humans ; only the expression of genes that are suitable for specific situations is acknowledged. Therefore, the essence of human society is cooperation . In this world, we can only survive by helping one another. - Joseph’s “just my thoughts”