RayatHoque on Nostr: Capitalism is what happens when people drop their time preference, defer immediate ...

Capitalism is what happens when people drop their time preference, defer immediate gratification, and invest it n the future. Debt-fueled mass consumption is as much a normal part of capitalism as asphyxiation is a normal part of respiration. saifedean (npub1gdu…6nak) Hits home! Studying…