| National Currency |
There is a simple, standard, absolute determination of a nation's currency
value. It is based on the origin of the word and concept of currency: What
is your time currently worth. A nation's lifehour is 24
hours divided by the average needed worktime/hours for the survival necessities
of life.
Forgetting the misleading funny numbers on funny paper, in which nation would you want to live? Which nation has a higher quality of life hours, that is, free time to enjoy life? California's mininum wage of $20 is a saltwater solution that will lower the quality of life in the same way that the Federal Reserve raising interest rates eventuates a lower quality of life: --see DumbFed.org. Both, like so many economists and politicians focus on funny numbers on funny paper. |
Usage |
Trading Lifehours ... Food For Lifehours... Mom and Pops ... With Timists political power, lifehours will be legislated for payment of taxes, loans, rent, and healthcare. Recipients will use the same payments. |