The Paan Currency Association

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 and Institutions

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

• Official Animal: The Camel
• Governor-General: (Official Human Symbol of the Organization): Padma De Alwis

Ambassadors and Administration

• The Jingoistic States of Baba Gupta - Secretary General
• The Sultanate of Saif Ramzi Khan - Ambassador-In-Chief
• The Dominion of The Everlasting Know - Head of Membership
• The Fiefdom of Veejay Recrutaria - Ambassador of RIP Uncle Veejay
• The Disputed Territories of Faerie Hannah - Independent Ambassador
• The Republic of Sankeethan - On Probation, Assuming Temporary Demotion to Independent Ambassador

Roles of Various Positions and Decision-Making Process

• The Secretary General is the most powerful individual within the organization. Whenever he wishes, or if he has a concern, he has the authority to call an assembly meeting of ambassadors. He can also participate in the debate. He has veto power. He is the only individual with the power to call an assembly and close an assembly.

• 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. The opinion of the ambassador-in-chief is as important as the opinion of the Secretary General, becuase he also has veto power. He does not, however, have the ability to call an assembly.

• The Head of Membership is the in charge of all membership issues related to the organization. A member is not permitted to join the organization unless it has the approval of the Head of Membership. Any modifications in the membership status, or discharge of a member nation is at the discretion of Head of Membership. He does not have veto-power. He ensures that the chief recruiter is fulfiling its responsibilities.

• The Ambassadors have the responsibility of voicing their opinion on issues related to the organization. Regional ambassadors are appointed to specific regions in which there are a large number of nations are PCA members. The are responsible for making sure that all member nations in the region are aware of assembly meetings and constitutional changes. They are also responsible from voicing their opinion based on the opinions of their regional members. Independent ambassadors are responsible for voicing their opinion on issues from their own personal perspective.

If ANY of the veto power nations disagree with a decision, it does not pass. For a proposal to pass, it needs the approval of ALL veto powers and THE MAJORITY OF non-veto powers.

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.