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I think this is Brilliant!
Often with my custom work, clients will hold long meetings where nothing is accomplished. The first part of the meeting always covers the e-mail that everyone should have read, but didn’t. Then people talk about vacations that they just came back from, etc. And nothing gets done.
What you really need to have is a stop watch on every person and when someone speaks, they are charged tokens for every person who has to hear it. Then I think people would probably be more productive in the meeting if they had to really think about the time they are taking up.