More on variable triplicate accounting

The idea here is to design the three color S&L pit with a stream called tax payment.  All parties keep three principals, savings, loans, and taxes. The incentive is simple, the greater your allocation to taxes, the more looks you get at the central bank trade book. The effect on your balance sheet is to get more accurate savings to loans, thus better interest charges payments. The central bank trading system collects (2/5)% of the economy, with quarter point error relative to federal budget.

For Treasury, they can draw on taxes from the accounts. But as the taxes in reserve go down, look charges go up.  The effect of government overborrowing is to price the little guy out of looks, they are a conserved, finite quantity.  We can do this, and it works just the way the system does today, government over borrows and the little guy gets shafted.

But, it is a fair trade, and the sandbox is unbiased and equally competitive. So, hey, we do the three color matching.  We match the Treasury draws, adjust charges and force the unfair round robin condition. Like emanating  a magnetic field (shooting bubbles sideways when  charge jams up).

It's a deal

In return the Senate gives us the intelligent cash card approval. The Fed guarantees the card, under all the conditions listed.  We will add another conditkion, the Fed guarantees the card is used for transactions only, under digital contract registration per currency. In  other words, use the sandbox to send messages, you be hedged. Use it to bulge large quantities, you be hedged. And the Fed can observe the registrations of the contracted  tokens, by warrant.


especially for transaction traffic only.