BitofBitcoin on Nostr: Yes, the rising of time preference in an easy money environment is absolutely due to ...

Yes, the rising of time preference in an easy money environment is absolutely due to uncertainty surrounding the future, since people know they can't trust their money to hold value into the future. According to this, it is better to buy some craply made piece of furniture as soon as you can than to hold money.

Your point about religion is very true, religion itself is a protocol for civilisation, a set of rules to follow to ensure we all live in harmony. There is a very very good reason that the media et al want to turn us away from religion.

Thanks for the comment, very insightful and I agree wholeheartedly!