Money is the most widely used medium of exchange worldwide, serving as a way to buy essential goods needed for life or to store wealth. Since the country guarantees the stability of fiat currency, it becomes possible to exchange ‘things for money’ instead of ‘things for goods,’ unless the country goes bankrupt. However, this amount of money cannot be increased indefinitely. When there is too much money in circulation, its value drops below the price of goods, causing those who hold wealth in money to lose that wealth. The key point is that money is limited in the market. Due to this limitation, money gains value. The government regulates this money supply through the ‘interest rate.’ Raising the interest rate reduces the money supply, while lowering it increases the supply. This helps control prices. Therefore, understanding the interest rate is crucial for managing and valuing wealth, making it essential to know the interest rate above all else in life. - Joseph’s “just my thoughts”
Anthropologist Margaret Mead emphasized “fracture” as a more relevant concept than using tools as markers of human civilization. When an animal is fractured, it becomes easy prey for predators. However, when humans are fractured and unable to function, they rely on the support of their neighbors. Unlike animals, which show no evidence of broken bones and can reattach, humans leave physical marks. Notably, the birth canal of women is narrower than that of other species, complicating the process of giving birth without assistance. Thus, it is incredibly challenging for anyone to bear a child independently. This fact underscores that human childbirth inherently necessitates social interaction. Anatomically, humans have socialized since birth. While women physically bring children into the world, it is society that nurtures and supports this life. Therefore, the core and utmost value of civilization is LOVE for our neighbors. - Joseph’s “just my thoughts”