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Home Business Money

Time as money

Jana Simmons by Jana Simmons
December 21, 2022
in Money
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Time as money

I become questioning what might have happened had Time been similar to cash. One ought to keep Time with the aid of reducing spending. One may want to shop nowadays and use it the day after today.

Where can I store my Time? Answer: In a Time-Saving Account or Time Current Account. There would be TimeBanks underneath the ambit of a TimeBank of India (TBI). I could make investments Time in fixed deposits and routine deposits to attain the blessings of compounding in an extended-term scenario.

Time as money 1

I could create an FD of my informal leave and earn go away. I ought to make investments in my Time in mutual funds, inequities to hedge towards time inflation (which takes place when the call for Time will increase and supply decreases). There would be a Bombay Time Exchange: human beings ought to change in Time through the alternate. There might be Time Insurance and Time Bonds. There might be Time Credit Cards. People should take a mortgage from time banks. For example, take a 20-hour quick-term mortgage for examinations.

Here, one question arises. How can we shop for Time? The regulator, TBI, might play a decisive role in this. For every painting, the TBI should specify a specific time restriction.

If you finish it inside that Time, you keep. If you exceed the restriction, a lot of Time might be debited from a while saving account. The monitoring can be accomplished thru a DNA-connected vital server of the TBI. The watches would be distinctive for each person depending on the saving, which might be connected to the modern-day time account. Students who’ve saved extra Time in the financial institution ought to withdraw it and use it to prepare for examinations, for instance.

Jana Simmons

Jana Simmons

Web expert. Reader. Travel advocate. Total problem solver. Bacon scholar. Introvert. Food ninja. Writer. Internet trailblazer. Spent 2001-2007 consulting about action figures for fun and profit. Earned praised for my work training karma in Naples, FL. A real dynamo when it comes to managing carp in Fort Lauderdale, FL. Set new standards for supervising the production of basketballs in Miami, FL. Spent the 80's working with human hair in Deltona, FL. Earned praise for importing cabbage with no outside help.

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