State Currency Reforms
ARTICLE I
The rate of currency is not backed by gold or cash instead by labor-hours. The system would have multiple ways listed here;
a. hours of labor transfers to money
b. hours of labor can be transferred for tax cut and utility price-cuts
c. It can be deposited for long-term credit.
The system shall be monitored and controlled by the Department of the Treasury. The Treasury will be ordered to print out 15 Coupons in order to get a small system in place. This will be backed up by a virtual logging system. It will require two CINs and a citizen card to exchange.
ARTICLE II
The Coupon system is a temporary means of cash until a permanent form of cryptocurrency and then physical money. When the exchange for CC occurs every 1 Coupon will add to one CC. If a CC is not formed in the next year, we will cancel all economical issues and return to the USD form of currency.