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Bill: NDU - 06: Exchange Rate Intervention Bill
Details
Submitted by[?]: Nationale Demokratische Union (NDU)
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: April 4421
Description[?]:
| Honourable Members of the Reichstag, This bill would allow for the government to intervene in the exchange rate of our national currency if necessary. We foresee that the circumstances in which this could happen will be introduced in a parallel bill that prevents the government from acting without checks and balances. Thomas Eckstein, Spokesperson for Finance and Economic Affairs |
Proposals
Article 1
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is kept within a defined band of fluctuation.
Current: The exchange rate of the national currency is fixed by the government.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 0 | |
| no |
Total Seats: 625 | |
| abstain | Total Seats: 0 |
| Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
| Random quote: "It makes no difference, in principle, if this 'collective will' is divined by the edicts of a dictator or by majority vote, so long as the rights of the individual may still be sacrificed." - Robert Garmong |