Re:The world is sitting on a $400T financial time bomb (2017)
by buboard on Monday October 28, 2019 @09:49AM
(#21376934)
Money is time in liquid form. Forcing people how to spend their time is slavery
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Re:The world is sitting on a $400T financial time bomb (2017)
by jv0010 on Monday October 28, 2019 @09:51AM
(#21376954)
No one is forced but people can elect to ‘swap time’ 1 for 1. Money today can’t be swapped 1 for 1 but I guess I ask the question ? Can time ?
Re:The world is sitting on a $400T financial time bomb (2017)
by buboard on Monday October 28, 2019 @10:03AM
(#21377074)
There was a movie with that premise i think [1].
All around, money is a better currency of exchange than time, or any other measure really. It measures well the actual value of time , effort, what have you. 1-to-1 time currency would be particularly bad choice, just imagine how much time you would have to pay back for someone who was born 60 years ago. Life was much much slower and unproductive. In the same amount of time today you can do multiple times the work/product that they did.