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Just my thoughts #0322

When individuals who have successfully overcome adversity and achieved social recognition view the world through their ability to conquer personal struggles, challenges emerge. Seeing the experience of overcoming hardships through diligent effort as an opportunity to cultivate genuine self-confidence enhances positive self-esteem. However, evaluating everything in the world solely from that perspective can lead to significant difficulties for both yourself and others. My success may change me, but there are no guaranteed formulas to positively impact the world. Success holds value when it becomes an internal celebration within me. - Joseph’s “just my thoughts”

Just my thoughts #0296

A bank trades collateral by holding debt called savings and selling bonds known as loans. Customer deposits are not bank money and must be returned to the customer as the bank’s debts. These debts lure customers; the bank lends money to them to recreate bonds with the customers’ debts. At this point, there is “collateral (mortgage)” to prevent the risk of bankruptcy between bonds and debts. In other words, banks do not possess the collateral; they merely govern it. The primary instrument of control is their bonds. In a way, banks tend not to be places where they make money with their own possessions, but rather conduct business as if it were their own with others’ collateral. Therefore, because banks need to know the value of secured collateral, the most accurate investigation of real estate and valuable gem information is key to banking. This is the similarity between a bank and a library that accumulates information. - Joseph’s “just my thoughts”

Just my thoughts #0271

The exclusive power of the state to print money, rather than that of private individuals, creates a situation where we all must operate within a limited amount of currency. This limitation implies that because wealth is quantified and acquired through money, whenever one person gains money, another must lose an equivalent amount. It’s similar to the fact that when I settle my bank loan, another person has to go bankrupt. The opposite holds true as well. - Joseph’s “just my thoughts”

Just my thoughts #0207

There are two types of businesses in this world when approached through the value of time and divided by the kinds of business: a business that requires discounting future value and a business that needs a surcharge. The bundle discount is a “future value discount business,” while the loan business is a “future value premium business.” Currently, it is unnecessary, but a bundle of sales is a business that offers customers incentives called “discounts” when they buy what they want in advance. The principal is not returned now in the loan business but must be returned in the future, providing the present incentive as a “delay repayment” in advance. Future discounts and surcharges can exist simultaneously in a business or a product; some enterprises will be ruined by mixing them if they change positions. - Joseph’s “just my thoughts”