An elaboration of my ideas about preserving ressources by selling them to future generations.
How can the preservation of the world’s ecosystems be financed? The solution might be simple: by selling them to future people. How could that work?
We are used to think of an account balance with a plus sign as money we have, i.e. assets, and an account balance with a minus sign as money we owe, i.e. debts. But we may also think of an account as a stream of money through time. If the account balance is positive, money is paid in at an earlier time and removed at a later time, which means money is sent from the past into the future. If the account balance is negative, money was first taken out at an earlier time and is paid in at a later time, so here the money flows from the future to the past. So the sign indicates the direction of the flow of the money…
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