In Canada, they simply give money to state funded broadcasters/news outlets. No added tax since deficits are tacked on to the debt for future generations to handle. There is no long term vision.

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Canadian governmental spending is the purest example of high time preference

Well, on average, EU has a 98.something% rate debt/gdp, while Italy has 155.something% rate.

We are avantguarde in terms of high time preference 😂