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Bill: Abolishment of the HLE Central bank
Details
Submitted by[?]: Liberal Conservative Party (ACN&IA)
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: February 2948
Description[?]:
| We wish to abolish the Central bank of Holy Luthori Empire. It is a distortion to the free market, and creates artificial booms and busts. We do not need a state bank to mislocate HLE's resources. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: All banks are privately owned.
Proposed: All banks are privately owned.
Debate
These messages have been posted to debate on this bill:
| Date | 16:51:38, May 31, 2010 CET | From | Constitutionalist Imperial League (IA) | To | Debating the Abolishment of the HLE Central bank |
| Message | Mr Speaker, Although the central bank's ability to damage the economy is severely restricted by its inability to print money (the pound is directly linked to gold), we applaud this measure and support it. I yield. |
| Date | 19:03:42, May 31, 2010 CET | From | Liberal Alliance | To | Debating the Abolishment of the HLE Central bank |
| Message | Mr Speaker, This is a historical moment, but EAP supports a central bank. This because of that it could more persistent fight inflation. We oppose. I yield |
| Date | 20:36:56, May 31, 2010 CET | From | Constitutionalist Imperial League (IA) | To | Debating the Abolishment of the HLE Central bank |
| Message | Mr Speaker, Inflation is not possible when the currency is tied to a gold standard, therefore, a central bank is useless. I yield. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 130 | |||
| no | Total Seats: 71 | |||
| abstain | Total Seats: 0 |
| Random fact: It is possible for a player to transfer ownership of a character or a royal house to another player. This should be done in a public way, such as on the Character Transfers thread, so that if a dispute arises in the future, Moderation can be pointed towards evidence of the transfer. |
| Random quote: "The trouble with unemployment is that the minute you wake up in the morning you're on the job." - Slappy White |