There's no sort of feedback mechanism which rewards low time preference behavior because making a sacrifice now is essentially the crux of low time preference behavior, is that you sacrifice now so you can have something later. But under a fiat standard, what you get is you sacrifice now and it doesn't matter. So of course you have less motivation, less incentive to make sacrifices now. And that's something that I think a lot of people kind of realize, is that you can kind of live paycheck to paycheck and not worry about tomorrow and things will be kind of okay and you're not sort of improving, but you're ossified in whatever sort of lifestyle you're in. And it's stagnation, I guess, but people are okay with it. via