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Bill: The Lodamun Dollar

Details

Submitted by[?]: Conservative People's Party

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: June 2275

Description[?]:

Do any of us really know the value of a Lodamun dollar? I think it is problematic to discuss budget proposals and taxation without actually being able to answer question like; Is 10000 LOD a year a high income?

I think to avoid confusion about the value of our currency, we should decide to make it's value equal to a real-life currency. In all fairness, the currency I think we ought to align the LOD to the Euro. It is an international currency with no specific home country.

I should also mention that I do not live in the Euro zone, so my reason for suggesting it, is not giving advantage to my own country's currency.

This is a resolution to make the value of the LOD equal to the Euro.

Proposals

Debate

These messages have been posted to debate on this bill:

Date18:57:28, August 22, 2006 CET
FromSlumber Party!
ToDebating the The Lodamun Dollar
MessageI don't think we have the actual power to change the value of our currency in particracy do we?

I think all we can go on is statistics and comparing them to RL income brackets.

Perhaps it would be better to create a committee to formally decide what is the poverty line, what is livable, and what is rich.

Date22:56:46, August 22, 2006 CET
FromAlmighty Lodamunian Front (ALF)
ToDebating the The Lodamun Dollar
MessageWe could just create a flat tax and then this would not be a problem.

Date22:58:41, August 22, 2006 CET
FromAlmighty Lodamunian Front (ALF)
ToDebating the The Lodamun Dollar
MessageAnyway if we can align the LOD with a real life currency, i would prefer the US Dollar. Although I am not from the US, my home country's currency is more regularly compared with the US Dollar than the Euro.

Date22:59:37, August 22, 2006 CET
FromAlmighty Lodamunian Front (ALF)
ToDebating the The Lodamun Dollar
MessageBut i think a committee to work out where the poverty line etc, would be a good idea.

Date02:25:30, August 23, 2006 CET
FromBlack People's Party
ToDebating the The Lodamun Dollar
MessageI would also say that the LOD be more compared to the US Dollar because the EURO is something many countries use, the LOD is the Lodamonian dollar and we only use it. I don't even think we could change the name of our dollar anyway.

Date03:08:38, August 23, 2006 CET
FromConservative People's Party
ToDebating the The Lodamun Dollar
MessageFlat taxes would no eliminate this problem.. The committee is a good idea though, but I still think the LOD should be aligned with a RL currency. I don't really understand the BPP's argument and I still think it ought to be the euro, because it is more international. besides, the Euro and the USD are worth about the same

Date05:27:37, August 23, 2006 CET
FromCooperative Commonwealth Federation
ToDebating the The Lodamun Dollar
MessageThere's a currency ratye exchanges table around somewhere, which put the LOD as worth more than any other currency on earth, so the British pound might be the closest equivalent. One LOD is worth more than one of any other currency. (ie. Lodamun is the best!)

Date20:04:31, August 23, 2006 CET
FromConservative People's Party
ToDebating the The Lodamun Dollar
Messagecould you try and find that somewhere?

Date02:46:25, August 24, 2006 CET
FromBlack People's Party
ToDebating the The Lodamun Dollar
MessageI thought the EURO has the most value? And CPP I was saying that the we only use the LOD so it shouldn't be compared to a currency that many countries use.

Date04:15:50, August 24, 2006 CET
FromAlmighty Lodamunian Front (ALF)
ToDebating the The Lodamun Dollar
Messagehere is the link to exchange rates http://80.237.164.51/particracy/main/rates.php

Date20:17:32, August 24, 2006 CET
FromSlumber Party!
ToDebating the The Lodamun Dollar
MessageDoes that make us best in Terra or worst?

Date17:26:58, August 25, 2006 CET
FromConservative People's Party
ToDebating the The Lodamun Dollar
Messagebut this still doesn't give us an idea of value, because we don't know the value of any of the other currencies. So I'm putting forward a vote on aligning our currency with the euro, so that we can agree on value.
And BPP, I don't understand your arguments or see their relevance.

Date18:28:19, August 25, 2006 CET
FromCooperative Commonwealth Federation
ToDebating the The Lodamun Dollar
MessageBPP - the Euro might be the stongest currency right now, but it still takes more than one Euro to buy a British pound.

No objection to this, though.

Date02:36:27, August 26, 2006 CET
FromSlumber Party!
ToDebating the The Lodamun Dollar
MessageAs long as we aren't trying to change its worth and we're just determining it.

subscribe to this discussion - unsubscribe

Voting

Vote Seats
yes
    

Total Seats: 405

no

    Total Seats: 0

    abstain
        

    Total Seats: 296


    Random fact: "OOC", "IC" and "IG" are commonly-used acronyms in Particracy. "OOC" refers to comments, discussions and actions which are out-of-character, meaning they are done player-to-player rather than party-to-party. "IC" refers to in-character interactions (ie. party-to-party). Similarly, "IG" means in-game, although this term may also simply refer to what happens in the actual game interface, as opposed to on the forum or elsewhere. "RP" just means "role-play".

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