My "system" may not be perfect, but feel free to put forward a better system.
Did you read any of my other posts, or only the one where I responded to you? Check them out. I did just that.
And at least a better system than the current one where every note in circulation is borrowed from the IMF and has to be paid back with interest. The "interest" part of that "loan" doesn't even exist. It too has to be borrowed from the IMF. Do you see the vicious circle ?
This is becoming quite a common misunderstanding. Firstly, the money supply is controlled by the Reserve Bank, not the IMF (where did you get that idea?). Secondly, money is not debt. It is really convoluted to thoroughly explain why this is the case so I shall refer you to a link:
Is Our Money Based on Debt?
Why can labour not be "monetized" ? I mow your lawn and you pay me R50.
You said you would allocate money based upon government's inane estimate of how much labour would be required to produce something. So how would anyone be able to value goods versus the currency based on your arbitrary system? I did not say that one could not exchange one's labour for money, I said labour itself could not become money. In my previous posts I've described exactly what money is. Kindly read them over and let me know if you have any objections or questions.
The gov puts out a tender and the best value for money gets the job etc.
Again, I don't think you understand what money is...
I see paper money as a "storage facility" of energy. I mow your lawn but didn't want the 20 apples you offered me. I preferred a "note" from you that I did mow your lawn and because everyone believes in your note I can exchange it later for whatever I want.
You're almost there in terms of understanding. No, pieces of paper are not "stores of energy" or whatever. They are pieces of paper. The reason why certain goods (precious metals usually) started getting used to exchange for other things is because of the problem of
double coincidence of wants. What this means is that, in a solely barter economy, in order for an exchange to happen we both need to have goods each of us desires. If we use a medium of exchange (money) it allows us the freedom to exchange without having this problem, but only under the expectation that the medium of exchange could be utilized at a later time for reasonably the same amount of value. Your example is flawed because it is highly unlikely anyone is going to subjectively value a piece of paper I simply wrote upon. A coupon telling others that you laboured for me for a duration of time could hardly be called useful, right?
In an ideal world where everyone is honest, everyone should print their own money. I mow your lawn and you write a note that is "worth" something, because everyone is in agreement with the system.
Again, a coupon telling us about labour performed in the past for someone else could hardly be called 'valuable'.
I actually have a problem with my own idea, and that is that the amount of notes in circulation keeps increasing. I try to visualise it but cannot find a solution. I imagine that if the population count is stable there will be a point where no more new houses, roads, dams and power stations are being built and less "new" money needs to be printed. Anyway, I can imagine that a more "natural" system ( no IMF or interest) will sort itself out and reach a stable point.
Why would you need the money supply to continuously increase? In a previous post you said it was to keep up with the production of goods, but this is silly. Prices rise when there is more money chasing
fewer goods. The whole point of capitalism is to produce goods that people want and are able to afford. Creating more goods than money means money becomes more valuable and can be exchanged for more goods. This is the definition of productive wealth.
I hope I have cleared up some of the misunderstandings you seem to have regarding money and economics. If you'd like a basic primer on what money is and how it should exist I suggest this great book by Murray Rothbard available to read for free online:
What Has Government Done to Our Money? 
