Not sure how G.E. works, but I would love to have a system where anyone can issue money and the markets decide which monies survive.
The G.E. government certifies coins as "Great Empire Coin (GEC)" through a network that allows one to spend more coins than they hold. This is the G.E. government's equivalent of empowering a central bank to purchase more bonds than the bank's
preexisting cash holdings would permit.
What system is in place to prevent individuals from issuing/spending more money than they earn (in the past or future?)