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Free Money Turned Us Into Dopamine Junkies
High-Time Preference Is Ruining Everything – Here’s How to Break Free
Let’s face it: we’re living in a world of instant gratification. Scroll, click, swipe, repeat. Everything’s on-demand, from your entertainment to your food. But here’s the kicker – this dopamine-fueled frenzy isn’t an accident. It’s the byproduct of fiat money and a system that rewards short-term thinking over long-term value.
High-Time Preference: The Root of the Problem
What’s high-time preference? It’s the tendency to prioritize immediate rewards over future gains. It’s why you binge-watch a series instead of learning a skill. Why you spend your paycheck on useless crap instead of saving. Why you’re glued to TikTok, chasing 15-second bursts of hollow dopamine.
And the biggest culprit: Fiat money. The system floods the economy with freshly printed cash, diluting its value every time someone in a suit decides the economy “needs” it. You’re forced to spend now because saving in fiat is like hoarding ice cubes in the desert. They melt before you can use them. With every dollar losing its purchasing power, long-term thinking becomes a luxury most people can’t afford.