We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: ECIRA - Emergency Currency and Inflation Reform Act of 5307 (OOC: Backdated)
Details
Submitted by[?]: Harakat al-Diymuqratiat al-Tanmia
Status[?]: passed
Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: September 5412
Description[?]:
| It is the proposal of this Act that the Badaran Dollar, being as volatile as it is at present, be devalued through a system of quantitative easing and a drastic interest rate increase. ARTICLE I: In compliance with the Policy of the NATIONAL BANK OF BADARA, this Act proposes the government intervene - as it is permitted by the aforementioned Policy - to adjust the exchange rate of the Badaran Dollar to affect its devaluation. ARTICLE II: The DIRECTOR of THE NATIONAL BANK OF BADARA as permitted by the Policy, has issued a declaration to increase the interest rate on loans and borrowing to 12.5% ARTICLE III: The BOARD of THE NATIONAL BANK OF BADARA has voted - as is required for such changes by Policy - to approve a policy of quantitative easing to businesses throughout Badara in the form of low-interest loans. It has approved the issuance of over $3B to business throughout Mu'tasim, and businesses formally based in Nashwa that face dissolution. |
Proposals
Debate
These messages have been posted to debate on this bill:
| Date | 18:22:26, December 21, 2023 CET | From |  Harakat al-Diymuqratiat al-Tanmia | To | Debating the ECIRA - Emergency Currency and Inflation Reform Act of 5307 (OOC: Backdated) |
| Message | Representative Jumail el-Sabir (MK-1/BPB): The government has decided to punish its people for the actions of terrorists. Why should the people of Mu’tasim - good, loyal citizens who never turned themselves against this Republic - why should we pay the price? Let the government and the people of Nashwa figure out Nashwa’s mess, is what I say. |
| Date | 18:27:09, December 21, 2023 CET | From | Harakat al-Diymuqratiat al-Tanmia | To | Debating the ECIRA - Emergency Currency and Inflation Reform Act of 5307 (OOC: Backdated) |
| Message | Representative Muammar al-Matin of (SM-15/BPB): The government is not deciding to punish Mu’tasim. It is seeking to ensure it does not collapse. Should the people of Nashwa suffer for the actions of terrorists then? This is not a matter of punishment, it is a matter of unity - we are one nation, we are one people. We must help one another, we must lift each other up. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |
| yes | Total Seats: 205 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Players are expected to play the game independently and should not share their passwords or allow others to access their accounts. |
| Random quote: "I believe in an America where millions of Americans believe in an America that's the America millions of Americans believe in. That's the America I love." - Mitt Romney |