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SLP296 Saifedean Ammous - The Biggest Fiat Malinvestment

Stephan Livera Podcast

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Is It Time Preference That Can Change Our Attention?

i think people underestimate how differently we could be using all these technologies. You know, the fact that we can make houses much cheaper doesn't mean that we need to make crappy houses. We could use that to make better houses. And i think also, the abundance of media doesn't necessarily need to distract us to have such a low time prefect and touse our focus. Ovosis ology probably has a role to play in that. But Think, culturally, i don't think you can really deny that. Sometimes it's short term loss for long term gain. Whereis the fiat world?

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