Unless you are self-sufficient, you must trade your products for those of others to survive. An exchange economy was established for the efficient survival of humanity. Economic activity leads to wealth accumulation, so for wealth to exist, there must be a counterparty. This means you cannot thrive on your own. However, having many counterparties also means that some of them could compete with your business. Exchange becomes straightforward only through the establishment of a price, which acts as an indicator of competition. Trading at a high price could generate significant wealth, but competition can hinder success. In other words, I survive because of others, while my survival is also threatened by them. Business inherently involves competition. This is why any business plan must include a strategy that considers competition. - Joseph’s “just my thoughts”
I think it’s not just that many people are living in this world; rather, their lives may come together to create this world. I believe everyone is born with their own destiny. Words express the heart, thoughts, and feelings, but spending money reflects a person’s morality. The way a person approaches and uses money embodies their faith like a religion. While money may not be faith itself, it serves as one of the most essential foundations for its external expression. Money is a fundamental element for survival and a symbol of value exchange. - Joseph’s “just my thoughts”