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bodi / Bodi
npub19cs…d7hy
2023-02-22 11:50:53

bodi on Nostr: I'm trying to understand this low & high time preference thinking. Low = valuing the ...

I'm trying to understand this low & high time preference thinking.

Low = valuing the future. Saving. Investing. Education. etc
High = Instant gratification. Fuck the future!

I don't understand why low = future, and high = now. Seems like opposite way is better terminology.

The future is a high amount of time from now.
The present is low amount of time.

If I'm interested more in the future, a time that's a high quantity away, I *should* be said to have high time preference.

Who can explain?
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npub19cs9h9p9fgt7m7xvpdevj6w9t9y4s0wkzdumapgc2zrw3tp3lwhqtgd7hy