Occupy and Move: These concepts are the key to wealth. Here, ‘occupy’ means owning goods, and ‘move’ refers to transferring ownership through exchange. Wealth is built by accumulating possessions. For accumulation to occur, a good must first be owned by someone else and then transferred. The transfer of ownership is what I call the movement of goods. To transfer, a payment is made to the current owner, usually in currency. Currency simplifies exchanges, as it is easier to move and issue than physical goods. Today, currency moves electronically, accelerating transactions. Had goods always been exchanged directly for other goods, exchanges and wealth accumulation would progress more slowly and inefficiently. The economic system now manages prices by adjusting the money supply, controlling the value of goods relative to currency, since money is easier to manage than goods. Business and investment outcomes depend on whether wealth is stored in money or in goods. If you emphasize goods, pat...
Speaking negatively to others stems from my discomfort. Positive language fosters respect and happiness in relationships. This isn’t merely due to the “power of positivity”; it’s how our brains have evolved to interpret it. When asked, “Why don’t you study?” the negative framing prompts the brain to release cortisol, which ramps up stress. Consequently, the brain associates “studying” with unpleasantness. Conversely, if you say, “I appreciate your studying even while you play,” the message shifts. Parents shape children; husbands influence wives, and wives impact husbands. - Joseph’s “just my thoughts”