The Trap of Compound Interest: Many view compounding as beneficial because interest earned is reinvested to increase profit. However, for those who are in debt, compound interest can increase the burden, leading to even greater losses. This effect disproportionately harms poor people, who often pay higher costs and face greater opportunity costs than the wealthy. While compounding enhances gains for those profiting, it intensifies harm for those losing money. This structure benefits the powerful, as the rules are designed by those in power. As a result, the desire for power can drive people toward questionable actions. - Joseph’s “just my thoughts”
The Bible's Solomon is called the “king of wisdom”. Solomon did not ask God for wealth and honor, but for “wisdom,” who knows how to rule the people and discern good and evil. This “wisdom” is called “rev showmea (לב שמע)” in the original text. Solving the meaning of this word means “listening mind” or “discerning heart.” Why do you want to hear and discern? To realize and practice. The mind is not seeing. It's to listen. There is no wisdom, wealth, and honor unless we hear and understand a person's heart and then take action. - Joseph’s “just my thoughts”