Fureai Kippu
Definition of 'Fureai Kippu'A complementary currency system for providing elder care in |
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Investopedia explains 'Fureai Kippu'Fureai kippu are an example of a time-dollar system. Such systems solve social problems outside of the traditional economy and can be especially helpful to people who don't have much money and/or can't participate in the traditional workforce. Also, in countries where the government provides significant levels of social services through its authority to tax, time dollar systems can theoretically reduce the tax burden. |
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