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All transactions by Administrators are viewable by the people to ensure the people have final
oversight of audits and analysis to prevent corruption and malfeasance.
The GCTA will not have legal authorization to charge interest for the creation of money, nor for the
provision of oversight services. The performance of the responsibilities of the Global Compensation
and Transaction Administration is a Global Standard Need, for which administrators receive Earned
Equity, and Willit compensation.
Current banking system technology and data will be integrated into the System Core’s Willit
Monetary System. Mobile and internet devices will have access to process, review, and audit
transactions, and to convert money, investments, stock and commodities into Willits; for which the
calculations for the Bond/Investment/Debt Calculator will be used. Details are provided in the i-
Willit section, and the factors involved in the calculation provided on the following pages.
APEC
APEC is the acronym for Accurate Past Earnings Compensation. APEC ensures that compensation is
paid to individuals who have been exploited: low wages, those who were actual victims of slavery,
lawsuits that were won and were not paid, and victims of embezzlement and theft.
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