84. Hard money and time preference: Lecture at the Property & Freedom Society
Lecture delivered on Sept 17, 2021, to the Property and Freedom Society in Bodrum, Turkey, at the invitation of Professor Hans Hermann Hoppe. In this lecture, Saifedean discusses the relationship between time and preference and hard money. Saifedean argues that the ability to hold a form of money that holds its value into the future reduces the uncertainty surrounding the future, leading to less discounting of the future and thus a lower time preference. The lowering of time preference is wha...