You could make the reverse argument: suppose I exert a certain amount of labor (work a job, perform a service, sell a product, whatever). If I do it today, I get paid 100 sats. If I do the same work at some point in the future, and if we assume deflation is a fact of life, I get paid only 90 sats for the same labor. Conclusion: better to work hard today than wait until tomorrow.

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Agree but that doesn’t answer my question about what productivity would look like in a fixed money supply economy, say a Bitcoin one. It seems like producers would be incentivized to make and sell immediately but consumers would be incentivized to delay purchasing. How would an economy like that function irl? Please explain it to my like I’m 5.