There are two main ways humans can generate income: sales power and volatility. Added value is continuously created through production, which involves actions to generate this added value. By adding new layers of value to basic ones, additional value is created—for example, making bread from wheat flour. The ability to persuade someone to buy this added value is known as sales power. Therefore, VAT is a tax paid by the final consumer. When sales power is strong, a significant amount of added value remains, leading to wealth accumulation. The second method is volatility. We can buy and sell assets that create either fundamental or added value. The former includes items like gold or commodities, while the latter refers to companies and assets such as stocks. Volatility occurs because prices fluctuate based on the sales power of producers, creating added value, and the balance between supply and demand for assets. Warren Buffett has avoided investing in gold because it cannot generate add...
Jesus taught, “If you got slapped your right cheek, turn the other cheek.” One of the actions that the Jewish Qumran community denied and forbade was “pointing with the left hand.” Violations of this rule brought sanctions from the community. To hit the right cheek means the opponent strikes with an unclean left or right backhand. This cheek slap is deliberately insulting and humiliating rather than merely a pain-inflicting action. Therefore, this teaching of Jesus, “turn the other cheek,” suggests not allowing oneself to be struck by the back of the hand and can signify not being helpless but being active in nonviolent resistance without seeking revenge or retaliation. Perhaps this teaching carries a frightening meaning. - Joseph’s “just my thoughts”