My main tweak would be that inflation-adjusted Treasury bonds are the most likely such instrument. I would add the requirement that existing assets, except for

My main tweak would be that inflation-adjusted Treasury bonds are the most likely such instrument. I would add the requirement that existing assets, except for (say) two residences + fixtures, four cars and some amount of cash is compulsorily acquired. The value of T-bonds paid is based on a Vickerey auction of the assets to be acquired.