Civilization / Ecology / Economy / Politics / Time Travel

Trading with the Future

Instead of exploiting future people, we can trade with them…

Embassy of the Future

File:Aluminium bags for seed storage at Svalbard.jpg

By shifting debts into the future to let later generations pay for them, we are exploiting the people of the future. Or are we?

By shifting debts into the future, we are, in a way, transferring money from the future to the present. For example, if a government takes a credit and spends the money now and then taxpayers at a later time pay the credit back, we can think of this as a flow of money from the future to the present. In my previous article Trans-Temporal Exploitation, I described how the “financial crisis” can be seen as the result of “pumping” money from our time (2008 and later) to the time before that year.

As we can see, the transfer of money from the future to the present is possible. But we should also note that the transfer of money from the future to the present is…

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