正如奥地利经济学家米赛斯所强调的，利率是人们总时间偏好（即牺牲现在满足将来的渴望）的反映，而不是它的决定因素。
Rather, as the Austrian economist Ludwig von Mises emphasized, they are a reflection of people’s aggregate time preference – or desire for present versus future satisfaction – not a determinant of it.