4 ms·
As a general rule, people in the future are richer than people in the past - both individually and at the society level. It is gambling, but history suggests th
by mdpopescu 10y ago
As a general rule, people in the future are richer than people in the past - both individually and at the society level. It is gambling, but history suggests that it generally works out.
- Thrillington 10y agoTimescales are a bit off for that rule though. People are generally better off in a few years from now, unless they've been paying that extra prosperity to as monthly interest on their debt.
- mdpopescu 10y agoIf the interest is larger than the entire gain, sure. However, most people don't do that as far as I can tell from looking around me.