[jennyp]

LI>Time heals all wounds. Time is money. Therefore money heals all wounds.

— "Ask Marilyn," Parade, 12 April 1987

Hmmm... This depends on Time really equalling money. Now, the expression "time is money" really means there is an opportunity cost to spending time on something. So, does money cost time? Yes! You must spend time to earn money. So the expression works both ways. IOW, time & money really are equivalent in some sense that's important to us.

So what about the first part? "Time heals all wounds." That's intuitively true, but is it because of time acting alone, or is it because of all the other things we do during that time that let us get on with our lives? If it's the latter, then maybe money - which makes many new distracting activities possible - really does heal all wounds!

[LouisianaLobster]

"Time is Money" only works in one direction. That is, time can be transformed into money. You can use your time to work, and earn money. Or you can put money in your savings account, and given enough time, the interests will accumulate to any sum.

The opposite however, is not true. Money can not be transformed in time. If it could, old billionaires would spend it to buy extra years for their lives.

So time and money are not completely equivalent, which means that you cannot just substitute the word 'time' with 'money' in any sentence.