Debt : The essence of wealth is ‘debt.’ Liabilities are regarded as debt capital and included as assets in accounting . Isn’t it odd? Debt is classified as an asset... The fundamental idea that currency is created based on the principle that debt arises is crucial. Debt can serve a positive purpose by lowering opportunity costs , but it can also be harmful if not repaid, as it deprives others of their opportunity costs since it must be paid back. Managing debt properly is essential for a company's capabilities in certain situations. Understanding others’ debts can help maintain good credit. However, there are limits to examining others’ debts. Instead, we can monitor the flow of money as an apparent interest rate. Therefore, recognizing and responding to interest rate fluctuations during economic activities is extremely important. - Joseph’s “just my thoughts”
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”