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Money Is Time

Universal currency based on time units
 
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People often say that time is money. However, whereas most currency units are based on multiples of ten, time as used for most purposes is based on widely variable but often quite sensible multiples such as sixty, twenty-four and so on. Later on, this does succumb to the decimal, though as I've mentioned before that is our probably quite irrational choice.

People are often paid per unit of time, and there is such a thing in some countries as a minimum wage. However, we lose touch with what that is if we are paid more or less than that sum per unit of work.

Enter time currency. People at minimum wage are paid in hours, i.e. an actual unit of currency referred to as an "hour", divisible into sixty "minutes", each themselves divisible into sixty "seconds". The next unit up is of course the "working day" of eight hours, assuming that should be fixed as a standard. Five (again this is arguable) of those make a "working week" and so forth.

This is an international currency. Consequently, all wages are based at the same minimum, where there is a minimum wage. The cost of many goods and services is based on how much time it took to make or provide it, although that's again a minimum.

Loads of flaws in this of course. Do your worst.

nineteenthly, Apr 25 2017

In Time https://en.wikipedia.org/wiki/In_Time
Movie with the premise that time has become the universal currency. [xaviergisz, Apr 25 2017]

[link]






       No no no. You don't want my worst. The lyrics are permanently ingrained in several sanitarium residents, and the fallout from the yodeling chorus alone nearly set off an international incident.
RayfordSteele, Apr 25 2017
  

       Maybe your worst is my best.
nineteenthly, Apr 25 2017
  

       Did you know that it is actually illegal to yodel in public in Switzerland during weekdays, unless you are a licenced performer or are calling for help?
MaxwellBuchanan, Apr 25 2017
  

       No, it doesn't matter where you were born. It's just not allowed aloud.
MaxwellBuchanan, Apr 25 2017
  

       Is this finally going to solve the quandary posed by Dust in the Wind?
theircompetitor, Apr 25 2017
  

       We're forever being told to not waste time yet not to worship money in one confounding cluster. Also that we shouldn't be stingy with either and to store up treasure in heaven, whatever that means.   

       I think they're just trying to break math.
RayfordSteele, Apr 26 2017
  
      
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