Trading lifehours will be activated when there are
sufficient accounts |
Lifehours |
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Buying, Selling and Transferring+ Among the ways that lifehours can benefit a holder of them is buying, selling or trading. Basically, owners of lifehours warrants (as opposed lifehour credits) list the number of shares they want to sell at a price. On a monthly basis, excess cash from the prior month is traded for shares beginning with the lowest sales price until the buyback funds are exhausted. The submission deadline is the 1st day of a new month with the cash available being from the month prior to the last month. Email Example of Lifehour Trades
A flat tax is exacted on all lifehour trades at the rate of national tax--see tax reform. Recipient and Source may be individual, government, business or non-business.
This is a the basis for an honest inter-national exchange rate with the basket
of currency upon which a country's currency is based being the total basket
of human problem-solving within that country. |