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Bill: LNP.3.9.2803 Central Bank Establishment Act
Details
Submitted by[?]: Liberal Noocratic Party
Status[?]: defeated
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: May 2804
Description[?]:
To make independent monetary policy and the regulation of the financial sector. |
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:
Date | 00:43:52, August 18, 2009 CET | From | United Republics Party | To | Debating the LNP.3.9.2803 Central Bank Establishment Act |
Message | I must point out that Lodamun's currency is the strongest in Terra without a central bank, but agree that hawkish monetary policy could enhance the LOD's status as the premier international currency. |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 99 | |||||
no | Total Seats: 101 | |||||
abstain | Total Seats: 0 |
Random fact: The majority of nations in Particracy are "Culturally Protected" with an established cultural background. Only the "Culturally Open" nations are not bound by the rules surrounding culture. The Cultural Protocols Index should be consulted for more information about the cultural situation of each nation. |
Random quote: "We can only protect liberty by making it relevant to the modern world." - Tony Blair |