Difference between revisions of "The Paan Currency Association"

Revision as of 21:24, 11 October 2005

Overview

The Paan Currency Association (PCA) is a multinational, cross-regional economic association. Members of this association use paan, a popular Indian snackfood, as currency. Although the general purpose of this organization is to promote the use of food products a currency, the nature of paan makes it a particularly practical choice for edible currency, and is thus standardized as the principle means of currency in all member nations.

Mission Statement

To promote the use of food products as currency, with particular emphasis on the promotion of paan as a practical choice.

Ambassadors and Administration

• The Jingoistic States of Baba Gupta - Secretary General
• The Republic of Sankeethan - Ambassador-In-Chief
• The Dominion of The Everlasting Know - Ambassador of Canada
• The Fiefdom of Veejay Recrutaria - Ambassador of RIP Uncle Veejay
• The Sultanate of Saif Ramzi Khan - Ambassador of Firestorm

Roles of Various Positions and Decision-Making Process

• The Secretary General is the moderator of organizational meetings. Whenever he wishes, or if he has a concern, he has the authority to call an assembly meeting of ambassadors. He also has to call a meeting of ambassadors when a new country wishes to join to make a decision on whether to let it in or not. He can also participate in the debate. He has veto power.

• The Ambassador-In-Chief is the most powerful ambassador. The ambassador-in-chief is responsible for voicing his or her opinion on issues related to the organization. Whenever he wishes, or if he has a concern, he has the authority to call an assembly meeting. A meeting called by the Ambassador-In-Chief is moderated by the secretary general. The opinion of the ambassador-in-chief is as important as the opinion of the Secretary General, becuase he also has veto power.

• The Regional Ambassadors have the responsibility of voicing their opinion on issues related to the organization from the perspective of individuals from their region. The regional embassadors do not have veto power, but do have power. In order for a decision to pass, at least 80% of the regional ambassadors need to agree with it, as well as both veto power nations.

If ANY of the veto power nations disagree with a decision, it does not pass.

The Jiwa Paan Portioning System

Since portions of Paan do not contain markings that indicate their value, the Jiwa Paan Portioning System (JPPS) is used to attribute values to certain amounts of paan. The goal of this system is to organize the paan in such a way that paying with it is similar to paying with coins. The basic monetary unit is the Gupta. The size of a single Gupta is equivalent to a particular amount of Paan. The size of one gupta changes every year, fluctuating according to the country's economy, and the government informs the population of the new size of 1 Gupta on January 29 every year. 2 Guptas are equal to one Baba.

Paying with Paan

Although you are allowed to make your own paan and eat your own paan, the only paan that you are allowed to use for money is paan that was made by the government in government factories. Since it is very easy for one to make paan in their homes and say that it is government paan, you are not allowed to pay for items in "cash". Everyone carries around a personal digital assistant that is linked to your personal or corporate government paan vault ("bank account"). This device contains all your financial information. When you pay for an item, the amount of paan that you are losing and the amount of paan that the company is gaining is recorded into both yours and the company's computers. At the end of each month, each business and consumer submits their monthly memory chip to the government, and manual labourers (which are usually criminals and students)shovel the paan you made and lost every month to and from your paan vault.

Paan Pros

Paan has a very unique status within the societies of their nations. In PCA countries, Banks are restaurants. Most office workers go to the bank to eat lunch everyday. Not only do the banks give away free Indian Food and Water everyday, but you can also withdraw paan from your bank account and have tambaku added for no extra charge. Although PCA countries are normal societies that have all the same modern features of any other society, including a variety of different restaurants and fast food joints, the main difference is in the role of the bank and the way economic transactions take place within society. The only difference is that in PCA societies, banks are restaurants that are only open for lunch.

The Paan Value Certificate

Although PCA countries do most of their trading between each other, they also do trading with countries outside of the PCA association that use ordinary coin-and-bill money or other commodities as currency. To accomodate this, outsiders pay for commodities purchased in PCA countries using Paan Value Certificates, or PVCs, that can function like ordinary money. Certificates can be worth varying amounts of paan, and can be exchanged for regular paan at the bank, which can then be deposited into one's paan vault.