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Bill: Act of Creating a Central Bank
Details
Submitted by[?]: Democratic Centrist 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: July 2708
Description[?]:
| A central bank is a good tool to help stimulate or control the economy, for instance in case of rapid inflation or deflation. While not a perfect remedy of fiscal problems, it can at least act as a medium between the government and the market. However, involvement should be kept at a low level; only when needed to avoid an economical crisis. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates a central bank and all other banks are private.
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: 366 | ||||
| no |
Total Seats: 260 | ||||
| abstain | Total Seats: 124 |
| Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
| Random quote: "Presidency, n. The greased pig in the field game of American politics." - Ambrose Bierce |