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Bill: Currency Act
Details
Submitted by[?]: Free Democratic 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: November 3948
Description[?]:
| The more the government does to control inflation and the value of currency, the more trouble we will be in when a financial meltdown occurs. Letting the free market work may be "less stable", but it is better on the long term, and it promotes growth. Also, the financial collapses are not nearly as devastating. We disagree with the keynesians, and we will deregulate our currency. |
Proposals
Article 1
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, and the government does not intervene at all.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 120 | ||||
| no |
Total Seats: 161 | ||||
| abstain |
Total Seats: 144 |
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