Track One Each state maintains a treasury (bank) which issues its own currency as accepted and understood by those living on the land in that state. Those living on the land in each state collectively agree on the value of their currency and issue funds based on that amount. States accept other state’s currency. Each merchant or service provider prices their products or services based on what is required to maintain business.
Track Two Each human holds and administers their own currency utilizing personal banking technology as described in the Court of Ages Letters Patent which can be viewed in its entirety at: www.courtofages.com/documents.html.
Track Three No collateral needed as the whole idea of "collateral" is based on debt and a gross violation of Natural Law. No accounting or record keeping necessary.
That's it in a nutshell.
For more about the Heirship Economy, click here.