Page 90 - Systemic Reform Solutions 2015-2022
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the right to determine work hours, and agreements for sickness and injury, vacation, and leave of
absence for the Standard Needs Earned Equity as well as the IWAUT employment markets; and
must take into consideration the physical and mental wellbeing of its members, and
employment/recruitment rates to ensure efficient production and service provision. See the i-Act
System for additional Union and Guild rights and obligations.
FINANCIAL & PRICE STABILITY
The standard factors used to determine Willit Compensation will stabilize costs for goods and
services, which will directly affect price strategies. The Base Energy Expense (BEE –
Production/Service Cost) will be listed for all products and services.
Global Trade Analysts will attempt to mitigate Bear Market motivation (what the market will bear)
during shortages for raw resources and food supplies. But some goods and services may be subject
to allocation priority levels.
NATIONAL WILLIT VALUATION
Willits are a universal tender with unified value. In our current system, a nation’s currency value
compared to other nations is based on floating rates, without sound underlying factors, and can be
manipulated. They are without checks and balances, and there is no transparency. Nor, is the
current monetary system audited by independent sources who are answerable to the people.
Nations can manipulate their currency and misrepresent gross production and assets used to back
their value.
To ensure proper checks and balances, and to assess true production rates and value, each nation's
Willits will be designated by the acronym for the source of origination. Thus, each Nation will be
issued a Willit Class.
Example - The United States Willit Class would be: Willit.US
Willit classes will be exchangeable for goods and services from the issuing nation.
INTERNATIONAL WILLIT EXCHANGE
To ensure a nation’s ability to trade is not impeded, Willits will be exchanged through global Willit
and Resource Reserves systems.
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