We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Currency Act
Details
Submitted by[?]: Mordusian Worker's 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: September 3536
Description[?]:
| Fearing a collapse of the Mordusian Denarius in the near or far future due to very limited regulation of inflation or exchange rates, this act seeks to implement a secure safeguard for controlling the flow of currency within the nation. By doing so, we can maintain reasonable prices for goods and make sure inflation does not hinder the lives of our people |
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.
Article 2
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Proposed: The exchange rate of the national currency is kept within a defined band of fluctuation.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 32 | |||
| no | Total Seats: 62 | |||
| abstain | Total Seats: 2 |
| Random fact: Party organizations are eligible for deletion if they are over 50 in-game years old, do not have at least 1 active member or are historically significant and possess historically significant information. |
| Random quote: "Unlike the world of free-markets, in political government when some individuals win, other individuals lose." - Robert Klassen |