Lysander Spooner on Nostr: I enjoy a life with expendable income. Global average life expectancy of 75 years is ...

I enjoy a life with expendable income. Global average life expectancy of 75 years is just 900 months. I'm here for a good time, not a long time.

The expectation of money to get more expensive over time takes lifestyle itself, pushes it over the railing and hangs it to death. Because prosperity oozes from the felt improvement in standard of living for both parties to a voluntary exchange (Mises). And if you expect your money to be worth more next month, you're disincentivized from hiring Johnny to mow your lawn, and more likely to do it yourself, incurring the opportunity cost that you wouldn't have if you didn't expect your "means of exchange" to also be a "fantastic investment opportunity".

Beware the pied piper who is always selling you the future, at the cost of the ever present. It's perhaps the 2nd oldest sales pitch.