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Just my thoughts #0413

Let’s say someone bought a building with a bank loan. If the landlord fails to pay the interest, the bank is forced to pay the principal. If the principal isn’t paid, the bank can put the building up for auction, even though the landlord owns it. Interest is the cost of borrowing money over time. The reason I can purchase a building without using my own money is that I can leverage time through interest. When we say time is money, it doesn’t just mean to save time and live diligently. It emphasizes that time truly represents money. - Joseph’s “just my thoughts”

Just my thoughts #0363

Interpreting or translating foreign languages, social phenomena, and new knowledge to explain and inform the public represents a position of power. Interpreters and communicators draw public attention and share information, generating power through public acceptance. Trust is the essence of power. Power is not merely about the strength of force but rather the direction and purpose behind its use. The more intelligent and educated you are, the greater your responsibility in wielding power. It is a misfortune for society as a whole if power remains untapped or is misused. - Joseph’s “just my thoughts”