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In Time/WMG: Difference between revisions
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No economy could function if its currency were vanishing rapidly the way time currency must if it just disappears. Everyone must come up with 1 year per year to survive, but the only time added to the economy is 1 year given to everybody on their 25th birthday. The most reasonable conclusion is that each second that ticks off each person's body clock goes to the government, who then uses it to pay for things like the Time Police or other services.
* Problem with that: It assumes that the money can be transferred remotely by the government, in which case they could have just taken all of Will's time no matter where he was. My guess is that new time is added as needed to the economy (mostly being given to the rich), but at a rate to keep the underclass down.
** This is ''exactly'' how it's done ''[[Oh Crap|IN REAL LIFE]]''. Central banks print money and loan it to regular banks (like Weiss), which loan it to people. Each injection causes inflation, which makes ''[[Does This Remind You of Anything?|prices rise more and more]]''. In theory, anyone could become rich through hard work and frugal living. In practice, new money makes saved money ''[[Oh Crap|WORTH LESS]]''. Welcome to [[Crapsack World]].
* It is, undoubtedly, a controlled economy with a capitalistic veneer.
** Unless the level of economic transformation isn't uniform, which it undoubtedly isn't, despite each country pledging to it <ref>the entire human society within the infrastructure needed to support the system? Entire towns in every continent except Antarctica have irregular or even no electricity, which is much simpler as well as being a prerequisite</ref>. The nations with zones could easily represent a unified economic bloc, and they still need things that aren't necessarily manufactured in their own zones (from cars to concrete). Each collection of zones being its own industrial fiefdom is a lot less likely, so the less developed time economies or anyone else makes up the difference through trade. The local economies are the domain of either the government, or corporations like Weis, who control the amount of currency in large part, or entirely--either group might not care how many people die in the lowest ghetto as the economy periodically shuffles people down zones. Though whether formal government (with no uniformed police or symbols of authority) or a cabal of Weis-like corporations runs things probably doesn't matter to the man at the bottom, one is still a capitalist economy.
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