1/2 Thank you. That helped me to search more: "Generally, a high time preference is associated with a low will to renounce to the present gratification in order to obtain a benefit in the future. ...
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Money is a "hot potato" - the only reason to have it is to immediately spend it, because all it actually is is fulfilling its original purpose of "keeping track of favors" people do for each other, and in real life, among friends, debts expire over time
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I think it was Charles Sheffield who wrote the story about aliens who used pure uranium-235 for currency, to discourage hoarding.
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Wait, doesn't spending something involve more touching than hoarding it?
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