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: Government exchange rate intervention
Details
Submitted by[?]: Communist Party of Solentia (CPS)
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 3795
Description[?]:
The possibility for government to intervene on foreign exchange market means more economical stability. If central bank has no right to do so, economical stability depends on spontaneous market fluctuations. |
Proposals
Article 1
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Current: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes | Total Seats: 124 | |||
no | Total Seats: 101 | |||
abstain | Total Seats: 0 |
Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
Random quote: "A return to first principles in a republic is sometimes caused by the simple virtues of one man. His good example has such an influence that the good men strive to imitate him, and the wicked are ashamed to lead a life so contrary to his example." - Niccolo Machiavelli |