Replying to Avatar Clark Moody

Debt Society: do whatever it takes to make the monthly payment, print quarterly result, get reelected

Equity Society: do whatever it takes to ensure your property, business, heirs will inherit a better world generations down the line
Avatar
BUB 2y ago

Understood but I think the term "Equity" is too politically charged.

How about the terms low time preference, and high time preference

Reply to this note

Please Login to reply.

Discussion

Avatar
Clark Moody 2y ago

I think the meaning is clear when considering debt vs equity.