When humans are rich, humans lack esteem for God. When humans are poor, humans curse God. In any case, God is still God.
It is sinful to blame God for the outcomes of human misconduct.
It is humans who need God, not the other way around.
God does not exist in the market. God exists in human faith.
Since God does not exist in the market, humans must control the market. The question then is one of moral fiber. When humans lose interest and faith, the market will collapse immediately. God does not need the market. It is humans that need the market.
It is humans that have created the market. Mishandling of the market should be corrected by humans themselves. What is frightening? Human greed.
Essentially, science is secular. The idea that science is omnipotent is wrong. The only universal existence is God. The economy is secular as well. People who deny God make themselves Gods.
The efficacy of currency is through its circulation.
An economic system is a mechanism that works when currency circulates. The economy is a human-induced mechanism -- not a naturally created rule. It is a mechanism that was established through the agreement of people.
Currency demonstrates its functions when it is flowing. When currency stagnates, it causes a bad effect instead of demonstrating its efficacy.
For this reason, the amount of cash companies have on hand is smaller than the total assets listed on their settlement of accounts. If they failed to properly manage their funds, companies would go bankrupt easily. This is how companies are structured.
A large amount of money is listed in corporate settlement of accounts, but most of it just represents a potential monetary value.
A money economy works when economic entities circulate currency. When currency becomes a resource, currency becomes funds for economic entities. As such, funds must be continuously supplied to companies and households at all times. And the source of such funds must be basically earnings or income. That is to say, in principle, debts, donations or inheritances should only be temporary.
Like electricity, currency becomes effective when it circulates. Present conditions indicate a shortage of currency, not to say a shortage of electricity. This does not mean a shortage of the amount of currency, but rather a shortage of the amount of circulating currency.
Funds are always under operation pressure and collection pressure. Such pressure is generated by the interest and the repayment of principal. Interest and principal respectively work in different fields. From the viewpoint of periodic accounting of profit and loss, interest works on short-term funds and the repayment of principal works on long-term funds.
The functions of funds differ depending on their liquidity and the speed of flow.
Liquidity is a criteria brought about by the difference in the time required to obtain cash. That is to say, high liquidity indicates that cash can be obtained in a shorter time. For this reason, cash itself is the highest form of liquidity. In contracts, many fixed properties that take time for converting to cash have low liquidity.
The speed of the flow means the speed of rolling. Long-term funds, i.e., funds with a slow flow speed, and short-term funds, i.e., funds with a fast flow speed, have different respective functions and roles.
The key is the difference in long-term funds and short-term funds.
I don’t think that the idea to treat income as taxable is wrong. But, it should be considered on the premise of the nature of income.
If we fail to determine the function of long-term funds and what influences it, taxation on income would adversely affect the economy.
Now, long-term funds have begun to dissolve. Mid-term funds are not available through normal routes. Therefore, companies are trapped in a corner. As a last-ditch measure, companies cannot help but buy out or take over other companies, or try their hand at speculative money management. But, naturally, there are limitations.
Large salaries are often seen as a problem. But, we can’t forget that increasing personal income is one of the objectives and a reasonable option. If something is in fact wrong, it is that increasing personal income could be one of the reasonable options.
The issue of large salaries is not an issue of God. It is an issue of human reason.
Even if large salaries could be a reasonable option for companies, it is not appropriate in the light of social justice and fair distribution. And there are many harmful effects.
The reason why large salaries could be a reasonable option is that the underlying thinking on personal income is on cash basis. In addition, even though companies may make substantial profits, not-for-profit economic entities have neither the motivation nor the means to accumulate them.
One of the reasons why companies don’t function effectively is that their business objectives are limited to the motivation to fulfill personal desires, while public objectives are missing. Business objectives are the root of profit. The original significance of profit has been forgotten. The motivator for profit-making is not only the fulfillment of personal desires. The part of motivation based on public objectives is large.
Even if it is appropriate to receive large salaries as a reasonable option, this deviates from the objectives of the economy. A system that allows such an arbitrary act is not at all reasonable. Such an economic system demoralizes humans. Any system that demoralizes humans definitely lacks economic rationality.
Present economic measures only treat symptoms. When someone has a fever, a medication that reduces fever is administered. When someone has a stomachache, a digestive tract medicine is administered. When someone has a headache, a painkiller is administered. That's what this is all about. It is because the economy is judged based on its symptoms alone.
A proverb says, “Don’t cast your pearls before swine.” But, cats and pigs do not kill each other over gold coins. Which really knows the value of pearls or gold coins, humans or cats and pigs?
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