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Bill: Financial Crisis Prevention Act
Details
Submitted by[?]: Chauvinistisk Parti för Telamons (CPT)
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: December 3931
Description[?]:
| In case of a financial crisis, the government should take action in the exchange rate. We should do this especially if our most dominant worldwide corporations are being affected negatively by our exchange rate. This is a necessary policy, as the free market shouldn't be counted on to solve everything. |
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 kept within a defined band of fluctuation.
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: 162 | |||||||
| no | Total Seats: 0 | |||||||
| abstain |
Total Seats: 17 |
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