It's progressive

Controlling the language is a cult leader tactic.

It's confusing but more accurate. Everybody thinks about short and long term goals but the relationship between the two is the time preference.

fuck, even I mix the two up. I completely agree.

It's an economic term outside his book, but I agree. Jargon is usually ineffective with people who dont live in that particular world.

My time preference is to have a lot, and to take my time without rushing. Good morning ✌️🧡

As is such in the Austrian tradition, but also the Austrians would head down to the cafe for hours after reuniting for economic lectures, maybe we should do that too

Is it high time preference to not use low/high time preference? I think so, take the time to learn the difference.

Or at least if you're going to use "time preference" at least use long/short with it... High time preference to me sounds like I'd rather be smoking a j (which, yes, I realize is actually a high time preference activity most of the time 😂)

🎯

It's ok to use different terms depending on who you're talking to.

do you need a high or low time preference?

https://blossom.primal.net/700ca2d63e21ab65c560d86d0e914498ac42b540ff010577218d123e154e69a3.gif

It’s a classic midwit term isn’t it?

I like my time preference medium rare

No. It's a valid term in economics. Not just Saif, come on. I first heard it used in 2000 on my first year of Business Computing. Feel free to use whatever you want, but using a precise term hints there a domain, yet unknown to the listener, that they have a gap in and should get curious. Conside...

Because professor PhD

Whatever... I'm ok with both ✌😁

Nothing cringe at all about using precision in your words.

nah. Disagree.

GM, because all bitcoiners think they are economists

Because it refers to the difference of both long and shortterm thinking in one word? Maybe needs an explanation for real noobs but not complex or confusing imo