C: The Money of Soul and Possibility Control – Intertemporal Consistency
I honestly think that the show was vague during the last episodes due to the fast pace but I guess it was just reasonable for a show showcasing the world economy, considering the minute and ever changing prices of not only stocks but also commodities. Time is of the essence after all, if we are talking about trading stocks.
Side A: Sennoza
The first concept which readily entered my mind ever since the episode, which involved Sennoza, was intertemporal consistency. As a brief description on what the economic concept is about, it primarily discusses the unequal consumption and allocation of one’s resources for the present and the future. In my case, I’ve always believed that the optimal situation lies in the balance of the two, but of course if I delve further, it’ll go on and probably touch the concept of risk-aversion which is not that relevant in [C] per se. Note that the key concept in here is “balance”.
Obviously, Sennoza tries to argue that the present would mean nothing if therein lies a future left without any choice to choose from. A linear path for everyone (a repetition of the present). Mikuni meanwhile argues that this kind of disposition is only for those who are better off compared to everyone else because they have the luxury of planning ahead for their future. Other people who are faced with coping with the present won’t even be able to think that far ahead if they are faced with something difficult in the present.
Of course, I disagree with Mikuni. He must be underestimating those who are economically disadvantaged. Even if a person is poverty stricken today, that doesn’t stop him from planning what he should do in the future. Although I get Mikuni’s point for his remark on how unpredictable the future could be, I think it’s better to do something about it rather than get complacent on what’s the current state. What he’s doing is like what Msyu told Q during the final episode. He only keeps providing blood for the transfusion for a bedridden person, but the fact is that, the problem is still there. The kidney or the liver is still not functional and thus needs to be replaced!
It’s quite ironic that Mikuni was able to get onto the top of the financial district with this kind of mindset. He’s very much a risk-averse person who would probably keep on hedging just to avoid risk, which is why he prefers the certainty of the present compared to the unpredictability of future. But of course, everyone knows that hackneyed statement about investing already. “The higher the risk, the higher the return”. He’ll never achieve his full potential if he’s afraid of what the future holds.
What I liked about the show is that it further presented the conflict between Sennoza and Mikuni through that dialogue from one of Kimimaro’s company from his part time (the old guy) when he mentioned that he planned to cancel his insurance. There was this side of me telling me that it’s just common sense to act and choose that option because of how the present economy was portrayed in the anime but another part of me was saying that it wasn’t a wise decision as well because the economy could get even worse than the present and that he might lose that back-up support if it happens in the future once he cancels the insurance.
But of course, I’m not saying that Sennoza is entirely correct as well. Just as how I phrase it, it really should be a balance between the present and the future. It might be loosely related to Economics but future is equally important with present. Sacrificing the opportunity cost of either of the two for one will distort your living. Are you willing to party all day night today for the sake of having fun even though you know there would be an exam tomorrow? Are you willing to save up 99% of your allowance just to buy that trendy gadget to the extent of skipping your meals?
Next Post >> Side B: Satou
image credits: pixiv users カナン, ina