The Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 6 months agoIt's important to get a good interest ratelemmy.worldimagemessage-square77fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageIt's important to get a good interest ratelemmy.worldThe Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 6 months agomessage-square77fedilink
minus-squareMacN'Cheezus@lemmy.todaylinkfedilinkEnglisharrow-up0·edit-26 months agoActually, it’s a tax on the impatient.
minus-squareMacN'Cheezus@lemmy.todaylinkfedilinkEnglisharrow-up0·edit-26 months agoPoor people are often impatient. Impatient people are often poor.
minus-squareSwedneck@discuss.tchncs.delinkfedilinkarrow-up0·6 months agopoor people generally can’t afford to wait
minus-squareBaŝto@discuss.tchncs.delinkfedilinkEnglisharrow-up0·6 months 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.