The Value of Time Money

There are two ways to understand the value of time money.  First, its value is printed on it; an hour of work.  No national money today has its value printed on it, only its name such as “dollar” “euro” and “dinar.”  People find out what those monies are worth only when they spend them.

The second meaning of value is how Time Money can improve how economies work.  Economies are not working well now because money is flowing in ever larger amounts to people at the top.  That is as unhealthy as having all the blood in your body flowing to only your brain.  To do the most good, money needs to flow to all parts of society just as blood must flow to all parts of your body for it to be healthy.  Everyone understands time.  With prices expressed in the time it took to produce something, money is more likely to flow to everyone who works equally.

Capitalism

Capitalism causes conflict and war because it requires unequal exchange.  What is called profit is overcharge.  There is only profit after everything has been paid for including pay to the capitalist for his or her labor.  Capitalism tells us by its name that it is biased toward capital.  We need unbiased exchange.

Fair trade is equal trade.  Making time the denominator of money will encourage fair trade because it will encourage equal trade, my time for your time.

We do not need to switch to socialism, which is collective ownership.  We can keep a money economy which gives each of us freedom to buy and sell whatever we want.  We just need to make exchange equal rather than unequal.