Comment on Be nice

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explodicle@sh.itjust.works ⁨3⁩ ⁨days⁩ ago

Time preferences would be lengthened due to lower interest rates. People would save instead of taking on more debt. It would be harder to get a loan, but your real interest rate would be lower.

Instead of deliberately encouraging consumption, everyone would buy less stuff. This would be terrible for “the economy” (rich people) but great for people who live in the environment.

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