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The more I learn about finance, and the better I grok money, the more I start to think of money as a substance that represents time-travel, in a sense. Current amount of money you have on your account is always tied up to your past decisions or to a space of your possible decisions about it, and so well-quantified, that the worth of basically anything is always tied up to a dynamic process which is always, in the end, measured in time.

(OK, I just understood that what I wrote reads as a horrible unintelligible mess, but I didn't yet grok this idea well enough to put it down elegantly.)



In certain ways the entire concept of retirement saving is an investment in the ability to time travel later in life!


Also a bet that you will live to later. I've known a few people who died young: on hindsight they should have lived life better and not saved so much (I have no idea how much they saved, but even 1 penny in their pocket...)




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