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Bill: Central Bank cancellation Bill
Details
Submitted by[?]: Libertarian Party
Status[?]: passed
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: November 2592
Description[?]:
| Private banks act as market forces instead of being regulated by central bank that increase inflation in general (by being able to print and issue money). |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Debate
These messages have been posted to debate on this bill:
| Date | 22:14:37, June 15, 2008 CET | From | Democratic Centrist Party | To | Debating the Central Bank cancellation Bill |
| Message | Central banks are needed to protect the national currency from inflation/deflation. This is done by controlling the interest of the loans they make to private banks, not by overprint money. |
| Date | 23:55:19, June 15, 2008 CET | From |  Moderate Libertarian Party (NoCoalition) | To | Debating the Central Bank cancellation Bill |
| Message | Not true. Currency manipulation is what central banks perpetuate. If money is based of metals like gold and silver government can't overprint. Central banks disregard this and compel governments to print more thus decreasing purchasing power of the dollar. |
| Date | 14:38:07, June 16, 2008 CET | From | Democratic Centrist Party | To | Debating the Central Bank cancellation Bill |
| Message | Why would they print more money when they know it hurts the economy? It's not like central banks are the puppets of a group of evil people whose only goal is to ruin this country. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 358 | |||
| no |
Total Seats: 284 | |||
| abstain |
Total Seats: 0 |
| Random fact: Dorvik is a nation based on Germanic and old Prussian cultures, it is located on the far north of Artania, making it an almost arctic nation. |
| Random quote: "Once again, we will wage war against fascism, only this time a civil war of words and politics." - Vladimir Borisov, former Trigunian politician |