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Bill: Adoption of a Central Bank
Details
Submitted by[?]: The Greens
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: July 5117
Description[?]:
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Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates a central bank and all other banks are private.
Debate
These messages have been posted to debate on this bill:
| Date | 20:24:58, May 09, 2022 CET | From | The Greens | To | Debating the Adoption of a Central Bank |
| Message | With this bill we are trying to solve the inflation problem. If we have a central bank that is run by the national legistature, we can control the money supply and the interest rate, which gives us great opportunities to tackle the problem. |
| Date | 07:20:20, May 11, 2022 CET | From | Conservative Constitutional Unity Party | To | Debating the Adoption of a Central Bank |
| Message | We do believe a central bank is needed but as of right now we need to work with the private banks and establish an overarching committee that keep inflation in check. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 118 | ||||
| no |
Total Seats: 313 | ||||
| abstain | Total Seats: 69 |
| Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval. |
| Random quote: "Popular suffrage is in itself no guarantee of freedom. People can vote themselves into slavery." - Frank Chodorov |