Page 36 - Systemic Reform Solutions 2015-2022
P. 36

  Money creation (Willits) is standardized, centralized, stable, and ensures equality
                                 of value between all nations. Willits are literally backed by the energy expensed
                                 by individual People.

                                Full disclosure of compensation, and the fact that Willits can only be exchanged
                                 for goods and services guards against political corruption and bribery, and is a
                                 deterrent to illicit commerce.
                          Process Highlights:
                                Willits are created when an individual works in either a Standard Needs Earned
                                 Equity position, or a Capital Market position.

                                Willits are created based on thirteen standard factors:
                                     1.  Age
                                     2.  Life expectancy
                                     3.  Hours worked

                                     4.  Work hardship levels
                                     5.  Skill level or task
                                     6.  Position hierarchy
                                     7.  Shift differential
                                     8.  Travel compensation
                                     9.  Over-time

                                     10. Economic and Social Adjustment standards
                                     11. Conservation Incentives

                                 Bonus structure

                                     12. Good health and social interactions

                                     13. Production efficiency
                                Willits are used exclusively for the procurement of goods and for the payment of
                                 compensation to individuals for services rendered.
                                To prevent the dead from affecting material existence and limiting the potential
                                 of new generations through taxation and debt, Willits cease to exist upon the
                                 death of the individual and their spouse (or the adulthood of minor child/ren), as

                                 well as any debt owed to the deceased.

                          The Willit Monetary System ensures money and work have true value, and is preventive
                          of unearned compensation and entitlements, and wealth concentration.

                          Every individual will have the choice of participating in the Standard Needs Earned

                          Equity System or payment of the True Cost for all goods, services, and social benefits.
                          Every individual may also participate in the Capital System to earn Willits for the goods
                          they desire.



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