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Bill: Currency Security Act of July 4513
Details
Submitted by[?]: Factio Imperatoria
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: March 4514
Description[?]:
| Mr. Speaker, Having no control whatsoever over the value of our currency is a most dangerous affair and can lead to either massive increases in cost of living or hyperinflation. We need to implement some mechanisms to counteract this. |
Proposals
Article 1
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Current: The exchange rate of the national currency is kept within a defined band of fluctuation.
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: 49 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 450 |
| Random fact: Particracy does not allow official national flags of real-life nations or flags which are very prominent and recognisable (eg. the flags of the European Union, the United Nations, Nazi Germany, the Soviet Union or the Confederate States of America). |
| Random quote: "Corruption greases the wheels of government, and my private jet." - Sung Dae Kim, former Dranian politician |