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Bill: Central Bank Act
Details
Submitted by[?]: Telamonese Islamic Unity 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: January 2707
Description[?]:
| Without a central bank, government can not regulate the money supply and interest rates. Without this tool, the market will have nowhere to turn to for a standard interest rate and government can not use monetary policy to help the economy. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates large, national banks, but small community based private banks are allowed.
Proposed: The government operates a central bank and all other banks are private.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 257 | ||||
| no | Total Seats: 173 | ||||
| abstain |
Total Seats: 71 |
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| Random quote: "The United States is in no sense founded upon the Christian doctrine." - George Washington |