Relate with Mark Spitznagel.TODO
Inverted: time inconsistency exists because there is change, and also because of government intervention.revisit
Related:
- 5-1b4a Amara’s law - we expect too much in the short-run, but too little in the long-run
- 12-1e0 Everything changes
- 13-1a3a2d4 The purchasing power of money in terms of all other commodities is continually changing, and there is no way to measure such changes
- 13-1a3a5 The concept of an equilibrium price presupposes a world without further subjective re-evaluations or change