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”
Human abilities have limits. When current skills fall short, people often rely on potential future abilities; yet, these capabilities won’t emerge without bounds. Drawing on future potential to resolve present issues can lead to complications—this occurs due to the Law of Equivalent Exchange, which reveals that previously used potential can create new challenges in the present. Delaying payment for these abilities merely postpones the inevitable, leaving the core issues unresolved. This payment is termed “hardship.” - Joseph’s “just my thoughts”