Imo having a word for this is incredibly valuable because it describes a very important concept that fundamentally comes down to: we can choose to build or destroy civilization with our actions. There are rare exceptions where high time preference makes sense such as emergencies.
I’m not so sure what Saif said that was wrong? I’ve heard him basically say high time preference in wartime makes sense but generally is not preferable. That seems aligned with nostr:npub1cpstx8lzhwctunfe80rugz5qsj9ztw8surec9j6mf8phha68dj6qhm8j5e’s links.