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53 sats \ 1 reply \ @Undisciplined 20h \ parent \ on: Stacker Saloon
Time preference is climbing. I feel like that means a bubble is forming.
Oh, I wasn’t the only one to have noticed this little factoid! I think it is one of the most dangerous economic signals available. However, not many, especially not Austrians, notice this little detail in the economy. Low time preference is the only way we will ever progress and is the reason why Japan, Korea and China seem almost unsinkable.
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