250 sats \ 2 replies \ @tomlaies 12 Mar \ on: Tough Questions for Libertarians 1/15 libertarian
Yes, they're similar.
  1. Climate change is a big problem for humanity, central banking with fiat are a big problem for humanity
  2. No climate change won't lead to the apocalypse, mass crop failures, floods in the next few years. No, the global financial system isn't going to collapse like a house of cards.
They also stem from the same human biases
  1. Both recognizing a legit problem and being overly obsessive about them
  2. Both are the human bias to underestimate timespans. No, societal collapse isn't any moment now.
  3. But both are the human bias to underestimate long term consequences. Costs accumulate over the years.
  4. Doomerism. The truth is, capitalism is leading to a better world. 200 years ago we had children in mines. In 200 years from human progress is going to be unbelievable. We'll solve all of this. Old saying: pessimists sound smart, optimists make money instead. We're taking win after win after win.
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28 sats \ 0 replies \ @anon 12 Mar
We‘re culturally so influenced by the concept of the rapture.
But realistically: the fiat system is x% of missed out gdp growth, technological advances coming y years later and everyone being z% poorer. Likewise climate change is a x% of missed out crop yields and $y of coastal protection.
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5 sats \ 0 replies \ @Undisciplined OP 12 Mar
Great answer!
Part of being overly obsessed with a problem is not seeing how the system might adapt to it and mitigate the damage. I think that's at play here too.
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