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Bill: Introduction of a Central Bank.
Details
Submitted by[?]: The Moderate Party
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: September 4186
Description[?]:
| Currently, the Free State of Malivia leaves it to private corporations to control the banks in this great nation, giving them the power to control the nation's money supply , through active duties such as managing interest rates, setting the reserve requirement, and acting as a lender of last resort to the banking sector during times of bank insolvency or financial crisis. However, instead of allowing for private entities to control out nation's money supply, through interest rates and setting reserve requirements, we can establish a government controlled bank, called "The Central Bank". |
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.
Debate
These messages have been posted to debate on this bill:
| Date | 21:01:38, March 25, 2017 CET | From | Democratic party of malivia | To | Debating the Introduction of a Central Bank. |
| Message | our party supports the creation of a central bank |
| Date | 22:09:53, March 25, 2017 CET | From | The Moderate Party | To | Debating the Introduction of a Central Bank. |
| Message | We shall proceed to the voting phase |
| Date | 00:22:24, March 26, 2017 CET | From | Unity Labour Party | To | Debating the Introduction of a Central Bank. |
| Message | My party also agrees |
| Date | 01:59:09, March 26, 2017 CET | From | Libertarian Party | To | Debating the Introduction of a Central Bank. |
| Message | We actually agree |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 438 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 262 |
| Random fact: After 3 days (72 hours) your account will be inactivated by Moderation. If you want to be reactivated you can request reactivation located here: http://forum.particracy.net/viewtopic.php?f=11&t=4360 |
| Random quote: "I reject the cynical view that politics is a dirty business." - Richard M. Nixon |