The Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 2 years agoIt's important to get a good interest ratelemmy.worldimagemessage-square77linkfedilinkarrow-up10arrow-down10
arrow-up10arrow-down1imageIt's important to get a good interest ratelemmy.worldThe Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 2 years agomessage-square77linkfedilink
minus-squareMacN'Cheezus@lemmy.todaylinkfedilinkEnglisharrow-up0·edit-22 years agoActually, it’s a tax on the impatient.
minus-squareMacN'Cheezus@lemmy.todaylinkfedilinkEnglisharrow-up0·edit-22 years agoPoor people are often impatient. Impatient people are often poor.
minus-squareSwedneck@discuss.tchncs.delinkfedilinkarrow-up0·2 years agopoor people generally can’t afford to wait
minus-squareBaŝto@discuss.tchncs.delinkfedilinkEnglisharrow-up0·2 years agoIt’s not just impatience, for companies is usually more bet. They bet that they can earn a surplus higher than the interest rate when they invest that money now and not later.
Actually, it’s a tax on the impatient.
It can be both
Poor people are often impatient.
Impatient people are often poor.
poor people generally can’t afford to wait
It’s not just impatience, for companies is usually more bet. They bet that they can earn a surplus higher than the interest rate when they invest that money now and not later.