Subject: Lifehours will improve your hours of life.
Lifehours: A needed everyday currency to solve our time-wasting problems.
As part of its comprehensive reform proposals, Timsm has an accounting system that encourages and records supporters 'actions to solve time-wasting problems. Initially, a loss leader, "lifehours" echos the true cost of anything, the time you work regardless of the funny numbers on funny paper.
Timism proposes a cyber-currency that is earned by fulfilling the meaning of the word currency: What is your time currently worth? This is a moral question as it quantifies whether one is part of time-saving solution or time-wasting problem. Are you currently a creator of or a cancer of time? Are you a profit-maker or a profit-taker?
True profit-sharing is the golden mean between the extremes of the price-gouging and not-paying. When solver and sufferer share equally in the value of solving a problem then more problems will be solved. Given profit is Latin for "forward time" this simple analysis shows why Timism is the Morality of More Time.
Because politicians and economists do not keep currencies constant in current worktime value, workers suffer inflation. Citizens' concern about the funny number distracts from what inflation cheapens, your timel If you save 8 workhours in wages and in retirement it is worth only 4 workhours, you were cheated as if you work a half-day instead of a full-day. Inflation's semantic cousins convey cheapening: flattery and flatulence. (By the way, Ben Franklin said in 1748, "time is money.")
Pragmatically, one can construct an international currency exchange system based on the average daily time required to acquire the necessities of life. As has been the case throughout history, funny numbers are irrelevant to the time cost of living.
| Nation |
Needed |
Math | Lifehour Valuse | |
A |
16 |
24/16 | 1.5 |
3rd world nations |
B |
12 |
24/12 | 2 |
U.S. 1900 |
C |
8 |
24/8 | 3 |
40 hour workweek 1930s |
D |
4.8 |
24/4.8 | 5 |
Timism's 24in4 proposal |
E |
1 |
24/1 | 24 |
Shoeshiner, 1950s |
In which nation would you rather live? Which nation allows its citizens to have hours of life to smell the roses? The proposed new currency will eliminate a lot of inflationary waste. This will increase the value of the lifehour and its namesake.
Timism's Lifehours are a cyber-currency designed to united the symbols of wealth with the substance of worth. This is the opposite of crypto-currencies that have no value to real time at all, just values from the greed of speculators and igknowance of suckers.
As with individual interactions, the trade between nations should be based on a profit-sharing calculation whereby it is a win-win for the citizens of both nations. Mercantile exploitation or Monetary Colonialism will be banned.
These are some of the reasons that 7people will annually, on average, pay two hours of wages to benefit from Timism--see Pre-pay of Global Democracy Tax. Eventually, as the Timists become a national political force, legislation will legitimize lifehour use for taxes, insurance and loans which will be used by the acceptors for their federal taxes. |
Oh, No, Not another private currency
Some people will think that Timism's proposed currency (lifehours) is a gimmick. No, it is a step toward having a productive, honest currency that is tied to the origin of the word, that is, what is a person or nation currently worth.
There are many private currencies of which the average person is igknowant even though they use them in trade. One corporation has Kohl Dollars. Apple, Google and other corporations have currencies which people purchase and then use to purchase other items. Even Trump and his wife have jumped into the "let's make a currency"--$Trump and $Melanie coins. Crypto-currencies are fabricated currencies that have no backing accept greed. Likewise, the US Federal Reserve Notes have no backing but the promise of their being legal tender.
Currency is whatever the people deem to have value as a "common intermediate product by other producers trade their goods and services." Officially declared currency often loose popular support due to inflation, e.g., Continental Dollars(1783), Confederate notes(1865), German Marks(1920s), and Polish Zlotys(1980s). The fall of the Polish Zloties due to the fall of communism in Poland had an interesting successor selected by consumers: Marrboro cigarettes, packs and cartons. They were traded for long that they had no smoking value due to staleness.
The Federa Reserve Dollar has only 1.5% of its buying power when it was introduced in 1913. The Federal Reserve has a target of an annual inflation rate of two percent which guarantees a dollar worth less and less in workers' time-- DumbFed. Compounded over a four-year Presidency, an opponent will always have inflation as a campaign complaint against the incumbent.
The Dollar is Dying as a currency for workers' lives.