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Wealth of Nation Note (Ch.4)

  Barter - Metal - Coins - Money Without the power to exchange, a specialized market could never exist. Since people will not be able to exchange their surplus production into something that they need. Barter Smith started this chapter with the Barter system, where the ancient civilization used a variety of different items to exchange such as oxen in Ancient Greece. However, their system does have tons of disadvantages: People have different needs for items, because of that trade might not take place, even though they both have surplus. It is also hard to exchange the exact value as some items are not divisible and on top of that some items might be hard to carry around too.  Thus for something to serve as a good exchange medium, it needs to satisfy 3 categories: Universally wanted. Divisible. Easy to carry. Metal Slowly most civilizations started using metal as the medium of exchange. Since it is “universally wanted” (because of what it represents exchange value now.) Beside...
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Weekly Reflection (20th April - 26th April)

Even though it might seem as if I am procrastinating and waking up late most of the days, Each day was a tiny step that pushed me forward where finally I have finished my intro. Although looking back now, it seems easy, and I shouldn't have procrastinated for that long. But my perfectionist side is always self-sabotaging.

Besides the perfectionist side, it is also my fear of seeing my true self unable to reach what I imagined I could, and that fear holds me in place, paralysed. I would call myself lazy and a procrastinator again. But it is this fear that I need to overcome and see my true self. I should not be afraid just because I don't think I am good enough.

Truth is: the moment you can actually see your true self is when you are faced with a problem, will you be a coward who escapes it? Or will you overcome it, as many people you admired have done, such as Caesar and Napoleon? If you believe you can become like them, then this fear should not hold you back. Else accept that you are inadequate, rather than dreaming of an impossibility.

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