Reverting to a single currency

1 Problem statement: How the WM can revert to a single currency

1.1 Approach 1
1.1.1 Operate Five account with a single currency These Five accounts are: Market account Origin: When people bring G,S & cash to the WM, they receive MWs that is credited to their market accounts Uses: When ever they feel like making any purchase on WM owned goods, they draw warrants or use warrants from their market account Uses: They can also transfer warrants among themselves form this account. Rules: Warrants transferred from this account can only be transfer to another person's market account. I.e warrants from this account can't be transferred to any other type of accounts. Finance account Origin: When people bring completed Houses that is ready for sell to the WM, they receive MWs that is credited to their Finance accounts Uses: When ever they want to make purchase on any completed houses, thay draw warrants or use warrants from this account Uses: They can also transfer warrants among themselves from this account. Rules: Warrants transferred from this account can only be transfer to another person's Finance account. I.e warrants from this account can't be transferred to any other type of accounts. Post dated market account Origin: When people bring goods and services that would hit the market in the future, the WM issue them warrants that can only be credited to this account. The warrants in this account are post dated, that is they are interest bearing warrants that have a maturity date Uses: When ever they want to make purchases they would have to discount/transfer it to their trading account Uses: Holders of this account can transfer the warrants in this account among themselves Rules: Warrants transferred from this account can only be transfer to another person's Post dated market account. I.e warrants from this account can't be transferred to any other type of accounts. On maturity: warrants in this account are automatically transferred to the holders market account on maturity

Post dated finance account Origin: When people bring inputs for the production of output that would hit the market in the future, the WM issue them warrants that can only be credited to this account. The warrants in this account are post dated, that is they are interest bearing warrants that have a maturity date Uses: When ever they want to make purchases they would have to discount/transfer it to their trading account Uses: Holders of this account can transfer the warrants in this account among themselves Rules: Warrants transferred from this account can only be transfer to another person's Post dated finance account. I.e warrants from this account can't be transferred to any other type of accounts. On maturity: warrants in this account are automatically transferred to the holders finance account on maturity Trading account

For uniformity in trade on TPOs, trade account is created so that warrants in post dated market warrants and post dated capital account can be discounted and deposited in it. so these warrants can be used to buy TPOs The warrants in this account can be transferred among people's trade accounts Rules: Warrants transferred from this account can only be transfer to another person's Trading account. I.e warrants from this account can't be transferred to any other type of accounts. On maturity: warrants in this account are quarantined and automatically transferred to the underling matured account