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Price Stability
Price Stability is achieved for Goods and Services based on the Global
Compensation Standard for the creation of Willits (real money).
Disclaimer: Each Nation's production efficiency rate may differ. Thus the price of
their products may vary from other nations. However, the value of each nation’s
Willits (money) will be equivalent based on compensation standards.
2) Standard Needs Earned Equity System -- in Lieu of Taxation
Goal: To ensure the basic needs of all people are met and that the will of the people is
known and able to affect policy, economic, and social outcomes.
We estimate one-hundred percent employment will be achieved, and individuals will
work no more than 16 hours per week to ensure their basic necessities are provided.
This is based on shortening our current 40-hour work week, and the assumption that
nearly 60 percent of each nation’s population pool has able-bodied persons who will
require employment due to the elimination of unneeded jobs after the System Core is
implemented. We also assume that young adults 16 years of age and older will need to
gain work experience. Thus, the higher the population, the fewer hours one is required
to work.
(G/L) The Standard Needs Earned Equity System is assurance of Basic Necessities
(food, housing, education, utilities, medicine, technology...) as part of the Standard
Needs Earned Equity System Agreement approved by the people of each nation.
(C) Insurance and health benefits are provided through the Standard Needs Earned
Equity System.
The refusal to Earn Equity for the procurement of Standard Needs, or abuse of the
Standard Needs system, is an offense for which a community may request the
removal of a citizen. Information regarding offenses that result in exile and
mandatory removal are outlined in the I-EFFECT section.
Example: A citizen has five children, and the parent/s refuse to work the required
equity hours for the care of their household would result in either removal or
temporary exile (Level 4, see page 139 - Re-Admission).
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