Comment by openrisk
1 year ago
> you can get out with your cash hoard
cash is effectively claims against what other people can give you in the future.
An illiterate mob can only give you very few things of value. So, indeed, this is short-termism running society to the ground - as if there is no tomorrow.
This is why some of the rich are constructing elaborate bunkers just in case. So I guess there is some long-term strategizing after all.