To concentrate, you must first give up. The choice lies in setting priorities, and to overcome the limits of concentration, you must boldly let go of things of low importance according to those priorities. Greed hinders the act of giving up. Not giving up is not merely about intelligence; it involves morality, values, and a person’s character. This is also why human beings do not succeed based on knowledge alone. Even if you decide to give up, concentration exists in another dimension. Choosing something means also giving up or rejecting something else. At this juncture, a value exchange occurs between what is chosen and what is discarded. Thus, our greed is linked to comparative values. The next choice and abandonment depend on the values I already possess. - Joseph’s “just my thoughts”
When stating that prices have risen, it signifies that something else has decreased in price. If house prices are up by 10%, then something else indicates that the price is down by 10%. What is this “something else”? It is the value of money –a number derived from converting the value of an inflationary object into a currency. As the prices of goods increase, the value of money decreases correspondingly. If the object is compared in value to something other than currency, then something else that has increased in value compared to the object has depreciated in value. Most values are expressed in currency, so if the price of an object relative to currency rises, the value of the currency is relatively low. Therefore, if you receive cash from sales, wealth is created and preserved only when you exchange it for something else that is appreciating in value compared to cash. If you keep the cash intact, you will undoubtedly become poorer. Wealth is always a relative concept, not an absolut...