Page 86 - Systemic Reform Solutions 2015-2022

WILLIT VALUE
The value of Willits does not fluctuate over time due to transparency, standardization, and
retirement of Willit accounts at the end of life cycle for every individual (regardless of holdings).

• Willits are a true measure of one’s accomplishments

• Wealth cannot be concentrated in a few hands; nor will the Willit Monetary System have
the capability of collapse because of debt, inflation, or devaluation.

• Willits are a living, breathing currency, and based on fundamental elements of creation:

Life, energy, force, knowledge, and time.

Value Example: The value of a Willit for the United States will have the same value as a Willit from
any other country, and will end income disparity between nations.

Income disparity between nations has led to record profits and economic advantages for corporate
owners and investors, but wage slavery for developing countries that cannot compete to gain
access to international resources, including skilled labor. The migration of skilled workers to nations
that are monetarily dominant decreases wages worldwide, and leads to the enslavement of
individuals without wealth advantage. Wage disparity leads to more social decline.

Technologically advanced nations will have lower true cost due to efficiency and the automation of
production, resulting in fewer work hours for its population and potentially higher standards of

living (depending on natural resources). However, the more intelligent a population is the higher
the tax grant for one’s nation to administrative bodies, and true cost for goods and services.

The Willit monetary system would diminish International trade with exception to natural material
resource exchange, as the cost of transporting produced goods could be cost-prohibitive. Each
country would deem it mandatory to be self-sufficient. Thus, homeland employment opportunities
would increase, and migration to procure employment minimized.

Knowledge and information sharing would continue, as well as travel and tourism. Education and
innovation will be essential to obtaining wealth. People would have more leisure time and
expendable income to travel. Travel will help foster understanding between people and nations
and strengthen international relations based on the pursuit of knowledge, not predatory
competition, nor economically forced integration.

The following figure (Figure 8) displays a few examples of international wage rates disparity.
Source: http://en.wikipedia.org/wiki/List_of_minimum_wages_by_country 2011

75 | P a ge