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Bill: Plastic Currency

Details

Submitted by[?]: National Centrist Party

Status[?]: passed

Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.

Voting deadline: April 2063

Description[?]:

This bill proposes to replace Likaton's outdated paper money with plastic money.

Plastics are cheaper to produce, last much longer than paper, and aren't ruined by inclement weather.

We propose that they be made of non-biodegradable plastics that break down when subjected to flame. If the bills incur damage, they can be passed from the banks to the mints and melted down, their material then recycled into new currency. Beyond the initial run, this should take care of most of the materials cost.

Update: The plastic used will be a cellulose-based thermoplastic, made with biomass ingredients and easily melted down for recycling when it must be taken out of circulation.

Proposals

Debate

These messages have been posted to debate on this bill:

Date08:45:29, May 30, 2005 CET
FromProletariat Revolution Party
ToDebating the Plastic Currency
MessageHmn, not at all a bad idea.

Date10:21:13, May 30, 2005 CET
FromPeople's Party
ToDebating the Plastic Currency
MessagePlastic can't fit into wallets that easily..even a few credit cards make wallets thick and inflexible...so imagine even $20 in plastic. If you can't carry currency around, whats the use of having it in the first place?

Date13:26:24, May 30, 2005 CET
FromNational Centrist Party
ToDebating the Plastic Currency
MessageCredit cards are made of a different kind of plastic entirely. There are softer and more flexible kinds of plastic. It won't fold up quite as easily as paper, but it should still fit in wallets without trouble.

Besides, it just gives us a reason to more strongly avoid changes in our currency values.

OOC: Several real world governments use plastic money. Australia, for instance, and India. Indians find this to be very good, because in their climate paper dissolves quickly. The Australians, on the other hand, aren't liking it because the texture of the plastic is completely different. I don't think any of the complaints have been about bulkiness.

Date10:58:18, May 31, 2005 CET
FromRight Wing Liberals Party
ToDebating the Plastic Currency
MessagePlastic is good but it has one problem leaving it in ones pocket and Ironing it results in the money Shrinking.
We support this however.

Date13:50:52, May 31, 2005 CET
FromNational Centrist Party
ToDebating the Plastic Currency
MessageCan this be brought to vote now?

Date20:23:14, May 31, 2005 CET
FromLiberal Party for Equality
ToDebating the Plastic Currency
MessageIt doesnt require cutting down trees but it does use up ever dwindling oil resources... trees are a renewable resource, oil is not. plus it is gonna cost a lot to buy the new equipment for the mints.. bearing in mind our new spending limits.

Date00:54:34, June 01, 2005 CET
FromNational Centrist Party
ToDebating the Plastic Currency
MessageThere are numerous formulas that utilize cellulose in plastics. We can use one of those, perhaps. While it will still cut down trees, it will not require so many since the plastic will take much longer to wear out.

I wasn't under the impression that minting was a huge process, nor is Likaton an especially large country. Surely those costs will be recouped by the decreased necessity of constant reprinting of damaged paper bills.

Date13:01:41, June 01, 2005 CET
FromRight Wing Liberals Party
ToDebating the Plastic Currency
MessageWheat based plastic!
Theyve had for years but the Corporations want to keep it down just like the metric system and the Electric car....

Date02:42:11, June 04, 2005 CET
FromNational Centrist Party
ToDebating the Plastic Currency
MessageThe present fiscal crisis prevents this from coming to vote. There is no room in the budget to refit the government mints.
If and when the current situation is resolved, then this can be brought to vote.

Date19:41:15, June 04, 2005 CET
FromNational Centrist Party
ToDebating the Plastic Currency
MessageAlright, bringing this to vote.

Date21:17:24, June 04, 2005 CET
FromLiberal Party for Equality
ToDebating the Plastic Currency
MessageIn that case it is a good idea - on the condition that we use a renewable source for the plastic.

Date00:54:27, June 05, 2005 CET
FromRight Wing Liberals Party
ToDebating the Plastic Currency
MessageWheat based Plastic.
and the metal coinage being smelted down would cover at least 20% of the cost!

Date03:06:08, June 05, 2005 CET
FromNational Centrist Party
ToDebating the Plastic Currency
MessageI don't know anything of the properties of wheat based plastic, though.
We weren't intended to melt down all our metal coinage, just replace our larger paper bills.

Date03:19:34, June 06, 2005 CET
FromRight Wing Liberals Party
ToDebating the Plastic Currency
Messageof course silly me....

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Voting

Vote Seats
yes
     

Total Seats: 111

no
 

Total Seats: 26

abstain

    Total Seats: 0


    Random fact: Discuss flag designs at the Flag Designs thread: http://forum.particracy.net/viewtopic.php?f=5&t=37

    Random quote: "The moral justification of capitalism does not lie in the altruist claim that it represents the best way to achieve 'the common good.' It is true that capitalism does, if that catch-phrase has any meaning, but this is merely a secondary consequence. The moral justification for capitalism lies in the fact that it is the only system consonant with man's rational nature, that it protects man's survival qua man, and that its ruling principle is justice." - Ayn Rand

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