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i wonder if that blows their mind.... the future of the earth becomes a less valuable investment in present value terms when interest rates are high :)
they're usually not economically literate enough to even grasp the point. Oh well
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that makes total sense
i wonder if that blows their mind.... the future of the earth becomes a less valuable investment in present value terms when interest rates are high :)
Oooh man maybe this is why people hate economists