Monetary Hunger: A Whip in Space

Armen V. Papazian ()
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Armen V. Papazian: Space Value Foundation

Chapter Chapter 10 in Financing the Race to Space, 2024, pp 143-151 from Springer

Abstract: Abstract In Chapter 8 we saw how an apparently benign feature of debt, i.e., calendar timeCalendar time, acts as a muzzle in space. In chapter nine, we saw how calendar time-based debt obligations act as a leash in space. The third systemic challenge imposed by debt-based money is what I call monetary hungerMonetary hunger, which, coupled with our laws and regulations governing default, acts as a whip in space.

Date: 2024
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DOI: 10.1007/978-3-031-73102-0_10

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