Time, Capital, and Civilization | The Song Series | Episode 1 (WiM080)
The "What is Money?" Show
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Is Baby Boomers a High Time Preference?
Li: Baby boomers have a high time preference, more so than other generations. He says they worry about the future and what their children are going to do. Many of them don't even have kids, so for them, it's going to be much higher tihe preference. Li: And especially in the last year, like going back to the whole coveit thing, were the people that were the most vulnerable? It was the unhealthy, older people.
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