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Hours are a Fixed Unit Value for Money for Stable Economics

February 24, 2014 by  
Filed under Issues

In order to have a stable economy, we need a stable monetary system.

In order to have a stable monetary system, we need a stable monetary unit.

Federal Reserve Notes, Greenbacks, dollars, Yen, silver, gold, Bitcoin each fluctuate wildly in value.
These forms of money are tools of speculation. But, honest money is not. Honest money is like a gift certificate issued by a restaurant owner. Gift certificates are simple, anti-monopoly tools for barter exchange. We need stability in our monetary unit. Not new, speculative tools for the elite.

“Hours are steady like a clock” – Paul Glover.

The foundation for a stable future most be built upon a stable, fixed, common unit of value known worldwide.

Hour Money is issued by YOU locally, but spendable globally. Bottom up units to create a bottom up economic system.

“The OPTIMAL, alternative Love Currency”

Humanity is required to grow up, take responsibility and build a new financial system. When building anything its essential to have common, stable measuring units known worldwide. Imagine building a backyard deck without fixed measuring units of “inches” or “feet”. Imagine an “inch” was 1.25 one day. Then 1.65 another day. This would create chaos!

Any economic system based upon varying monetary units will have economic chaos. Solution? Hour Money is based upon the fixed unit value of 1 Hour/hour. This is the compensation rate for unskilled labor. Semi and highly skilled earn multiples. Hours can stand on their own; but to price goods on shelves we make 1 Hour equal to $10. Therefore, unskilled workers earn $10/hour, or 1Hour/ hour.

“Time is Money” and the Hour is the fixed unit monetary value to build a stable economic future.

timeUnit2 595x1024 Hours are a Fixed Unit Value for Money for Stable Economics


One Response to “Hours are a Fixed Unit Value for Money for Stable Economics”
  1. David40 says:

    I’m not so sure this would be accurate. Even within each category value varies widely. Take a ditch digger for example. One unskilled ditch digger might take an hour to dig a 50 foot ditch, while another unskilled ditch digger might take all day to dig the same ditch. It would not be fair to assign the same value to the hours they work. Same with any other profession, some are really good and others not so good. Very soon you find that people would do less and less work per hour as they discovered other people getting a greater value while working, lets say, with less enthusiasm. You would be better off assigning value to the actual amount of work done and the amount of skill involved rather than the hours. Then you would have a fair and stable system of value.