Cash serves as a universal means of payment for exchanging goods and services that everyone needs. For manufacturers to continue producing these goods and services, prices must be slightly higher than the market value of cash. This is because if the value of the goods or services produced falls below the cash, manufacturers or service providers will prefer to hold cash instead of producing these goods or services. Consequently, it is accurate to say that the value of cash is less than that of the goods or services. However, people desire cash because it functions as a means of payment endowed with “compulsory circulation power.” In other words, cash has no limits on the exchange of value and possesses the capacity to reward even human life. Due to its enforced value exchange by law, people consistently strive for cash, even if it holds less value than goods. Therefore, all economic indicators and expressions of wealth are converted into cash. - Joseph’s “just my thoughts”
The world grants power through the interpretation of phenomena , gaining support from many people. Acquiring power through interpretation is termed “interpretation supremacy.” Interpretation involves explaining and understanding the essential concepts that are often concealed in a phenomenon, yet are crucial to its existence. The media has embraced journalism for its capacity to rapidly disseminate facts to a broad audience. Journalism embodies interpretive supremacy. To make an impact in the world, I must be able to express myself and my actions in an engaging and accessible manner, leveraging various media to share my interpretations. With the prevalence of social media , all that is required now is the skill to interpret and seize interpretive supremacy, along with the capability to articulate it effectively. - Joseph’s “just my thoughts”