Money is the most widely used medium of exchange worldwide, serving as a way to buy essential goods needed for life or to store wealth. Since the country guarantees the stability of fiat currency, it becomes possible to exchange ‘things for money’ instead of ‘things for goods,’ unless the country goes bankrupt. However, this amount of money cannot be increased indefinitely. When there is too much money in circulation, its value drops below the price of goods, causing those who hold wealth in money to lose that wealth. The key point is that money is limited in the market. Due to this limitation, money gains value. The government regulates this money supply through the ‘interest rate.’ Raising the interest rate reduces the money supply, while lowering it increases the supply. This helps control prices. Therefore, understanding the interest rate is crucial for managing and valuing wealth, making it essential to know the interest rate above all else in life. - Joseph’s “just my thoughts”
Treating relationships between people is the world's hardest and most difficult thing. Most hard work mentally means feeling some troubles in the relationship among the people. If you feel so tired from your ordinary life, go deep inside of your mind to find the stresses from the people out, then you should take a rest enough. A rest gives us the power to stand for passing our lifetimes by, not to move the stresses themselves out. After all, time is medicine. - Joseph's "j ust my thoughts"