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Bill: Economic Strength and Stability Act of 4344

Details

Submitted by[?]: Progressive Conservative 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: February 4345

Description[?]:

This bill recognizes that a central bank is necessary to stabilize the Gaduri economy and smooth out the booms and busts of the natural business cycle. It therefore creates a central bank to help ensure maximum employment, stable prices, and moderate interest rates. The government will appoint the head of this central bank and an executive board to manage the bank, but it will not interfere in the central bank's operations.

Proposals

Debate

These messages have been posted to debate on this bill:

Date06:12:29, February 06, 2018 CET
FromAll Progressive Party
ToDebating the Economic Strength and Stability Act of 4344
MessageOcc: so we will have central bank and reserve bank?

Date07:08:39, February 06, 2018 CET
FromProgressive Conservative Party
ToDebating the Economic Strength and Stability Act of 4344
MessageOOC: Intention was to create a system sort of like the US Federal Reserve. This was the closest I could come based on the legislation options. Currently we have no central banking entity at all to control the monetary system. This bill establishes that we will have a central entity and based on other policies already on the books... "The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations."

Date07:16:49, February 06, 2018 CET
FromAll Progressive Party
ToDebating the Economic Strength and Stability Act of 4344
MessageOCC: Understood

Date07:16:49, February 06, 2018 CET
FromAll Progressive Party
ToDebating the Economic Strength and Stability Act of 4344
MessageOCC: Understood

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Voting

Vote Seats
yes
   

Total Seats: 171

no

    Total Seats: 0

    abstain
         

    Total Seats: 129


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