one of the least discussed negative externalities of unconstrained fiat debasement is that society prefers spending in the present more because there’s an inherent erosion of monetary value over time there’s more uncertainty about those $ in the future so we discount them more

if that’s true (i think it is) then we feel more pressure to immediately spend fiat in the present if this wasn’t the case (silly hypothetical i know) then our uncertainty of the future would be lower and at least in theory our time horizons would extend (which would be good)