Hours are a Fixed Unit Value for Money for Stable Economics
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.