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Steven_Bukal comments on Making Beliefs Pay Rent (in Anticipated Experiences) - Less Wrong
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In this example, Joe's belief that he's smart and beautiful does pay rent in anticipated experience. He anticipates a favorable reaction if he approaches a girl with his gimmick and pickup line. As it happens, his innaccurate beliefs are paying rent in inaccurate anticipated experiences, and he goes wrong epistemically by not noticing that his actual experience differs from his anticipated experience and he should update his beliefs accordingly.
The virtue of making beliefs pay rent in anticipated experience protects you from forming incoherent beleifs, maps not corresponding to any territory. Joe's beliefs are coherent, correspond to a part of the territory, and are persistantly wrong.
If my tenants paid rent with a piece of paper that said "moneeez" on it, I wouldn't call it paying rent.
In your view, don't all beliefs pay rent in some anticipated experience, no matter how bad that rent is?
Or they pay you with forged bills. You think you'll be able to deposit them at the bank and spend them to buy stuff, but what actually happens is the bank freezes your account and the teller at the store calls the police on you.