Theres no reason to slow down though.
Viewing post in Beep Bop I Can't Stop (GMTK 2025) comments
If the enemies are appearing faster than you can handle because maybe you have not upgraded in the correct way (or you are slow with the mouse, or not concentrating - and the game can't pause, or whatever) then the only way to slow down the enemies' appearance is to loop less often (since they spawn when you complete a loop) - and the only way to do that is to slow down.
If nothing else, if you upgrade correctly this game is entirely an idle game, not requiring clicking at all once you get your autoclickers going; and if you go the opposite way it's a fast and furious click hell. So... the difference is the upgrades, and the only other thing you can control is the speed you go round the loop.
But lastly, it's just logical - hold down a button one way to speed up, and a button the other way to slow down.
But hey, dev's choice.