Wealth is derived from value, which is the usefulness of something in satisfying human needs. The primary needs for humans are survival and integration within a community. Therefore, wealth is a concept exclusive to humans and can only be created by them. The capacity to create wealth is limitless because humans have the ability to transform resources through their efforts into something valuable for others. The key is to preserve the created wealth, which led to the development of the concept of money. As long as money can preserve wealth and facilitate trade, it serves its purpose and can be passed down through generations. When successive generations understand the concept of wealth creation, they can accumulate significant wealth over time. This brings us to the principle of compounding, which is based on the combination of effort and time. These are my thoughts on wealth.
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