Disposable diapers, tampons, wet wipes, paper towels, toiletpaper, razorblades, cutlery. Disposable anything.
No one is going to spend precious sats on once used throw away products.
Disposable diapers, tampons, wet wipes, paper towels, toiletpaper, razorblades, cutlery. Disposable anything.
No one is going to spend precious sats on once used throw away products.
Well, there will be much less demand for it. The money will indeed reduce everyone's time preference by tremendous degrees.
These products are mass produced. If demand falls by a fraction an entire industry fails
Then people start doing things for themselves.
Personal responsibility = sats stacked.
What about the argument that with a lower time preference encourages people to place an increased value on their time. Combined with the added time it takes to clean the reusable products and offsetting that with dedicating that time for increased sats flow?
E.g. using disposable napkins and diapers to cut down on laundry time. Using that saved time for a side gig.
Curious on your thoughts on this.
That is another aspect. This need will be met gradually with the increased demand of and introduction of various solutions that are both reusable and low on use of a person's labor. The example that immediately comes to mind is efficient dishwashing machines replacing both the highly time and water consuming process of handwashing dishes and the highly paper consuming process of using throwaway paper plates. Increased preference and ability to allocate capital for the future causes an increase in the durability and efficiency of the general society, all else being equal.