Inflation Causes Unnecessary Consumption

Inflation Causes Unnecessary Consumption

Fiat doesn’t just lose value. It trains you to spend.

Save → lose purchasing power
Spend → feel “smart”

So people buy earlier. More often. Things they don’t really need.

That’s not a side effect. It’s the incentive structure.

Bitcoin does the opposite.

Low time preference vs high time preference isn’t just theory, it shows up in everyday behavior.

Do you agree that inflation quietly drives overconsumption?

submitted by /u/Myntad_com to r/Bitcoin
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Quelle: bitcoin-en