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Bill: Exchange Rate Bill
Details
Submitted by[?]: Patriotic Party of Baltusia
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: July 4063
Description[?]:
| Time to remove Government control of the exchange rate and fully support a free trade market. |
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 kept within a defined band of fluctuation.
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:
| Date | 16:03:55, July 22, 2016 CET | From | United Democratic Party - Syndicalists | To | Debating the Exchange Rate Bill |
| Message | no no no no no |
| Date | 17:24:50, July 22, 2016 CET | From | Patriotic Party of Baltusia | To | Debating the Exchange Rate Bill |
| Message | Our party thanks the congressman for his reasoned argument. However, we would like to point out that government intervention in this way has been historically flawed, often politically motivated and, in many examples, is just not effective or has exacerbated the situation. Time to take it out of the system. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 291 | |||
| no |
Total Seats: 372 | |||
| abstain | Total Seats: 87 |
| Random fact: If your "Bills under debate" section is cluttered up with old bills created by inactive parties, report them for deletion on the Bill Clearouts Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: "Politics is for the present, but an equation is for eternity." - Albert Einstein |