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Bill: Banking Privatisation Bill, March 4270


Submitted by[?]: Parti Libertaraidd Newydd (PLN/NLP)

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 4270


The CDR/LDA proposes legislation that will privatise all banks, and take them out of the government's control. For the government to control the source of money is a dangerous precendent, and gives it too much power. It also eliminates all competition within the banking markets.



These messages have been posted to debate on this bill:

Date15:41:08, September 10, 2017 CET
FromLibertarian Party
ToDebating the Banking Privatisation Bill, March 4270
MessageWe would prefer it if the government controlled the central bank, however the proposed change is still better than the current situation.

Gerald Wehnert
ALP Leader

Date20:56:01, September 10, 2017 CET
FromPlaid Ffederaliaeth a Rhyddid
ToDebating the Banking Privatisation Bill, March 4270
MessageWhile we support the privatization of our banking system, we cannot allow the country to undergo the lack of stability that would result from a lack of central banking. The current system is at least established, stick to the devil you know.

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