The Movie 'In Time'

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“In Time”

The movie “In Time” takes place in a world where time has become the currency. People use time ultimately to stay alive, to pay for rent, and pay for foods and goods. Once you hit the age of 25, you stop aging but you’re genetically engineered to live only one more year unless you can buy your way out of it. The people who live the longest are the wealthiest people, they can live forever and are essentially immortal. The rest of the people who live in the ghettos live day by day by working very low paying jobs, stealing or begging for time. When the clock on the persons arm hits zero they die. Time on these clocks has become the universal currency; by touching arms, one person can transfer it to another, or to or from a separate clock that can be shipped or safely stored in a "time bank". The country is divided into "time zones" based on the wealth of its population. We have a saying that many people use today “Time is money” but in this movie Time is literally money. “In time” relates to the topic of macroeconomics greatly. This movie brings up many topics in economics such as distribution of wealth, labor force, scarcity and inflation. It shows us how differently people look at the economy when the currency is no longer physical money and how there is a separation in the rich and poor.

The movie emphasis how scarce time is in this world. Everyone wants it but there just isn’t enough time to go around for everyone. The supply is low but the demand is very high. People can trade time, work for time and steal time. In the real world when someone works they get paid by the hour or weekly. They get paid in cash, checks, or deposited straight in to your checking or savings account. In the film people are paid in tim...

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...al live and work rather than people who just give up. The people that give up will simply just let their timers go out and die but the people who want to survive will keep on working and doing whatever they can to live. In today’s world there are people who are unemployed, with no shelter and barely can get food, if you put these homeless people in the world in the film “In Time” they will be 100% much more motivated to find a job because if they don’t they will die not just be homeless. If they just had to pay rent and worry about eating the people wouldn’t be as motivated to work as they are when they are working for survival. The main character will, put in a lot of overtime and extra work not just for food and water but to live. If that was true in today’s world than everyone would be doing overtime and working as much as possible so they could live longer.

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