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Showing posts with the label determination

Just my thoughts #0555

Cash serves as a universal means of payment for exchanging goods and services that everyone needs. For manufacturers to continue producing these goods and services, prices must be slightly higher than the market value of cash. This is because if the value of the goods or services produced falls below the cash, manufacturers or service providers will prefer to hold cash instead of producing these goods or services. Consequently, it is accurate to say that the value of cash is less than that of the goods or services. However, people desire cash because it functions as a means of payment endowed with “compulsory circulation power.” In other words, cash has no limits on the exchange of value and possesses the capacity to reward even human life. Due to its enforced value exchange by law, people consistently strive for cash, even if it holds less value than goods. Therefore, all economic indicators and expressions of wealth are converted into cash. - Joseph’s “just my thoughts”

Just my thoughts #0406

Even the most delicious food in the world can only be enjoyed in front of me. No matter how great someone’s advice or ideas may be, you must confront them at a time when you can accept them to show genuine interest. There are countless wonderful things in this world, but they aren’t truly good unless they’re on my timeline. Even if I have a lot of money, it isn’t mine until I spend it. Only then does it become my money when I use it for myself, as there’s no satisfaction in not enjoying the benefits. Therefore, the timing depends on my situation. If you genuinely want to change your life, you should focus on altering your environment and circumstances, not just your determination. - Joseph’s “just my thoughts”

Just my thoughts #0130

In his book, “Thinking, Fast and Slow,” the Nobel Prize winner in economics, Daniel Kahneman, said that humans have two systems of thinking. These two thinking systems were called “system 1” and “system 2”. “System 1” is an intuitive and emotional thinking system that operates unconsciously and immediately. “System 2” is rational and is determined by careful consideration. “System 1” is advantageous for survival in a crisis and works immediately, so operating costs are less than “System 2”. When humans make decisions, they decide 95% with “System 1” and 5% with “System 2”. Humans decide by emotion, but by reason, they must revenge those foolish emotions. - Joseph’s “just my thoughts”