reply on: When is having a high time preference beneficial? \ stacker news ~meta

720 sats \ 2 replies \ @nemo 7 Oct 2023 \ on: When is having a high time preference beneficial? meta

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31 sats \ 1 reply \ @sb 7 Oct 2023

This is the answer. Having traveled to some regions of the world with hyperinflation, it is the primary issue that the currency is constantly buying fewer economic goods necessary for basic survival

11 sats \ 0 replies \ @birdeye21 OP 7 Oct 2023

Yes unfortunately living with a low time preference is a great luxury in fiatville