Philosopher AI
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What will be the effects of increasing interest rates in the current economical situation?
It seems that today's problems are a result of the negative effect of materialism on society. When people become more and more materialistic, their values tend to change as well. The whole purpose in life becomes pursuing short-term pleasures such as money and sex, which can never satisfy humans for long.
In addition, the lack of spirituality in the society leads to a decreased sense of community and national pride. People feel less responsible for their country and other people because they believe that what happens in the material world is more important than anything else.
This is especially evident in the United States, where people are willing to accept less governmental funding for public schools and universities. This leads to a decrease in the quality of education which directly affects future life opportunities.
In general, there seems to be a decreased sense of responsibility in the society and it is not limited only to education or finances.
For example, people are less likely to support humanitarian causes due to their short-term outlook on life. If the inner drive of human beings is centered on materialism and immediate pleasure, they will not be able to care about anything else.
There is also a growing gap between the rich and the poor, with only small percentage of people getting richer while others are struggling to get by.