Balancing Global, National and Local Economies:
In general, stop all theft, especially stop the theft from overpayment or unearned income and stop the theft from currency disparities.
Universal payroll system for honest pay to reward honest work will balance local economies.
Variety of Lifehour Accounts per capita to require people live within their means.
Trade between economic units be processed through on-line lifehour exchange with taxes for imbalancing an economy.
Exact taxes to prevent economic imbalance of the least productive economy. (Present monetary colonialism or slavery.), in a sense, a luxury tax.
Taxes to be exacted according to the profit principle with the taxes being used to raise the lifehour (standard of living) of the lesser economy, that is, lower the cost of living in the number of hours of life.
Gradually, the standards of living will achieve parity. Economies with natural resources will have a naturally lower standard of living in some areas.
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