PASSED: Numismatics Appreciation Act (Edited)

[Rezaxushan]

Why can't nations spend their own money to educate citizens on their history, not the WA's? I fail to see why Altani money contributed to this entity should go to such a purpose. We educate on our own history just fine, and don't see the reason for a WA dole for historians - especially on something as narrow in scope as currency.

Are we to begin funding WA bureaucracies for every hobby now? We're basically subsidizing coin collectors and fetishists here - why not stamp collectors? Action figure collectors? Collectors of old bottles? Those have some vague cultural value also, right?

With all the useful things the WA could be doing, between the SC resolutions and fluff like this, this body seems to be engaging in a wasteful and shamefully frivolous use of its powers.

Utterly opposed.

-Irina Misheli, Ambassador

Well, I think this has a general, altruistic value. Let's say, for example, a nation is bereft with crime. So bereft, so intoxicated, that the nation is forced to allocate most of its money to Defense and Policing; not Education. This creates a self-fulfilling prophecy in that, low expenditures on education contribute to the crime that is constantly battled. This Act could aid the educational systems of said nations by providing funds for the creations of these museums, where History would be taught, through the use of currency.

I don't know. It may be considered frivolous to some, but to those nations with faltering educational systems, it's key. That's why my vote is on the support column.

[Hawkryl]

Why can't nations spend their own money to educate citizens on their history, not the WA's? I fail to see why Altani money contributed to this entity should go to such a purpose. We educate on our own history just fine, and don't see the reason for a WA dole for historians - especially on something as narrow in scope as currency.

Are we to begin funding WA bureaucracies for every hobby now? We're basically subsidizing coin collectors and fetishists here - why not stamp collectors? Action figure collectors? Collectors of old bottles? Those have some vague cultural value also, right?

With all the useful things the WA could be doing, between the SC resolutions and fluff like this, this body seems to be engaging in a wasteful and shamefully frivolous use of its powers.

Utterly opposed.

-Irina Misheli, Ambassador

Well, I think this has a general, altruistic value. Let's say, for example, a nation is bereft with crime. So bereft, so intoxicated, that the nation is forced to allocate most of its money to Defense and Policing; not Education. This creates a self-fulfilling prophecy in that, low expenditures on education contribute to the crime that is constantly battled. This Act could aid the educational systems of said nations by providing funds for the creations of these museums, where History would be taught, through the use of currency.

I don't know. It may be considered frivolous to some, but to those nations with faltering educational systems, it's key. That's why my vote is on the support column.

I don't see how Increasing your nations knowledge about your own money would lower crime.

[Rezaxushan]

Why can't nations spend their own money to educate citizens on their history, not the WA's? I fail to see why Altani money contributed to this entity should go to such a purpose. We educate on our own history just fine, and don't see the reason for a WA dole for historians - especially on something as narrow in scope as currency.

Are we to begin funding WA bureaucracies for every hobby now? We're basically subsidizing coin collectors and fetishists here - why not stamp collectors? Action figure collectors? Collectors of old bottles? Those have some vague cultural value also, right?

With all the useful things the WA could be doing, between the SC resolutions and fluff like this, this body seems to be engaging in a wasteful and shamefully frivolous use of its powers.

Utterly opposed.

-Irina Misheli, Ambassador

Well, I think this has a general, altruistic value. Let's say, for example, a nation is bereft with crime. So bereft, so intoxicated, that the nation is forced to allocate most of its money to Defense and Policing; not Education. This creates a self-fulfilling prophecy in that, low expenditures on education contribute to the crime that is constantly battled. This Act could aid the educational systems of said nations by providing funds for the creations of these museums, where History would be taught, through the use of currency.

I don't know. It may be considered frivolous to some, but to those nations with faltering educational systems, it's key. That's why my vote is on the support column.

I don't see how Increasing your nations knowledge about your own money would lower crime.

lol

Umm, when did I say that? What I said was that nations who spend money only on Defense and Policing don't have enough for Education. This could help the nation's Educational system by at least enhancing Social Science coverage.

[Goobergunchia]

This resolution appears to be a well-written piece of legislation that should increase the cultural understanding of the World Assembly and does not put improper onerous requirements on its member states. Any reduction in counterfeit currency distribution would be a side benefit.

Goobergunchia votes in favor.

[Lord] Michael Evif
Goobergunchian UN Ambassador
Resident, the Rejected Realms

[James Bluntus]

Well I never expected the first one to generate much interest anyway, but now that I know a few were actually looking into it, I'll post it here for advice and then actually submit it.

Council: General Assembly

Category: Education and Creativity



Resolution Name: Numismatics Appreciation Act

Effect: Cultural Heritage

APPLAUDING the attempt by many nations to preserve and promote their cultural heritage,

NOTING that the cultural heritage of a nation may span a wide range of topics,

RECOGNIZING a nation's currency in both coin and paper form are a monumental part of the history of a nation,

DEFINING a coin as a form of currency that is often metallic,

ALSO DEFINING a banknote as a form of currency that is often made from paper or paper-like materials,

1. Establishes the World Assembly Numismatics Authority (WANA) in the effort to educate the general public about the value of their nation's currency,

2. Dictates WANA shall be funded by the World Assembly General Fund and through donations made by willing nations and individuals,

3. Charges WANA with the duties of:

a) collecting samples of nations' currency through donations of money and/or actual currency and displaying them in museums accessible to the public of an individual nation,

b) holding seminars in willing nations about the appreciation, collection and preservation of currency for a nation's public to enjoy,

c) preserving the samples collected as best to the organization's ability so they may be appreciated by future generation,

4. Demands in one way or another that each World Assembly member nation preserve certain editions of its coins and banknotes, and urges that participation in WANA could help each nation meet this requirement.

EDIT-- Scroll down for current version.

I ask this. How am I supposed to enforce this when my currency is the voucher.

[Rezaxushan]

Well I never expected the first one to generate much interest anyway, but now that I know a few were actually looking into it, I'll post it here for advice and then actually submit it.

Council: General Assembly

Category: Education and Creativity



Resolution Name: Numismatics Appreciation Act

Effect: Cultural Heritage

APPLAUDING the attempt by many nations to preserve and promote their cultural heritage,

NOTING that the cultural heritage of a nation may span a wide range of topics,

RECOGNIZING a nation's currency in both coin and paper form are a monumental part of the history of a nation,

DEFINING a coin as a form of currency that is often metallic,

ALSO DEFINING a banknote as a form of currency that is often made from paper or paper-like materials,

1. Establishes the World Assembly Numismatics Authority (WANA) in the effort to educate the general public about the value of their nation's currency,

2. Dictates WANA shall be funded by the World Assembly General Fund and through donations made by willing nations and individuals,

3. Charges WANA with the duties of:

a) collecting samples of nations' currency through donations of money and/or actual currency and displaying them in museums accessible to the public of an individual nation,

b) holding seminars in willing nations about the appreciation, collection and preservation of currency for a nation's public to enjoy,

c) preserving the samples collected as best to the organization's ability so they may be appreciated by future generation,

4. Demands in one way or another that each World Assembly member nation preserve certain editions of its coins and banknotes, and urges that participation in WANA could help each nation meet this requirement.

EDIT-- Scroll down for current version.

I ask this. How am I supposed to enforce this when my currency is the voucher.

Has it always been a voucher?

[Floricia]

After much deliberation, the Cultural Oasis of Floricia votes for this proposal, with the hopes that it opens up the possibility for more culture-related resolutions.

Kimber Owens, Florician Ambassador to the World Assembly
Ezekiel Rockwell, Secretary of Historical Interests
Jasmine Cumberland, Secretary of Commerce and Economic Interests

[Grays Harbor]

I ask this. How am I supposed to enforce this when my currency is the voucher.

Why would an example of your voucher not be eligible, or not as worthy as any other means of exchange? Some ancient societies used carved stones with a hole in them, many modern societies use electronic means through cards and chips. An example of your voucher would be a worthwhile addition.

[Rezaxushan]

I ask this. How am I supposed to enforce this when my currency is the voucher.

Why would an example of your voucher not be eligible, or not as worthy as any other means of exchange? Some ancient societies used carved stones with a hole in them, many modern societies use electronic means through cards and chips. An example of your voucher would be a worthwhile addition.

I do see where he's getting at, though. Vouchers aren't currency per se...

[Grays Harbor]

I ask this. How am I supposed to enforce this when my currency is the voucher.

Why would an example of your voucher not be eligible, or not as worthy as any other means of exchange? Some ancient societies used carved stones with a hole in them, many modern societies use electronic means through cards and chips. An example of your voucher would be a worthwhile addition.

I do see where he's getting at, though. Vouchers aren't currency per se...

They are a means of exchange, though, and when it come down to it, what is currency? A means of exchange used to acquire goods and services. There is not as much differance as folk would think.

[Charlotte Ryberg]

I ask this. How am I supposed to enforce this when my currency is the voucher.

Why would an example of your voucher not be eligible, or not as worthy as any other means of exchange? Some ancient societies used carved stones with a hole in them, many modern societies use electronic means through cards and chips. An example of your voucher would be a worthwhile addition.

Simply put, honoured ambassador, anything that has value guaranteed by the state or tribe is currency and will be supported.

[Stargate Fans]

Do you guys not realize this would create a global monetary system? What are the implications for this generating huge inflationary bubbles of expanded credit as 'bank notes' and the like are traded internationally at certain prices and levels? This is just the foundation for more destructive World Bank organizations.

[Charlotte Ryberg]

I do not see the likelihood of this resolution creating a global monetary system as it focuses on the heritage and history of currency and the weird and the wonderful as a hobby rather than the serious business of it, honoured ambassador to Stargate Fans.

[Grays Harbor]

Do you guys not realize this would create a global monetary system? What are the implications for this generating huge inflationary bubbles of expanded credit as 'bank notes' and the like are traded internationally at certain prices and levels? This is just the foundation for more destructive World Bank organizations.

Do you not understand the distinction between "numismatics" and "economics"?

Main Entry: nu·mis·mat·ics
Pronunciation: \-tiks\
Function: noun plural but singular in construction
Date: circa 1828
: the study or collection of coins, tokens, and paper money and sometimes related objects (as medals)

— nu·mis·ma·tist \nü-ˈmiz-mə-tist, nyü-\ noun

Please explain how this is a steppingstone to a global monetary system or a world banking system.

[Aundotutunagir]

Do you guys not realize this would create a global monetary system? What are the implications for this generating huge inflationary bubbles of expanded credit as 'bank notes' and the like are traded internationally at certain prices and levels? This is just the foundation for more destructive World Bank organizations.

Do you not understand the distinction between "numismatics" and "economics"?

Main Entry: nu·mis·mat·ics
Pronunciation: \-tiks\
Function: noun plural but singular in construction
Date: circa 1828
: the study or collection of coins, tokens, and paper money and sometimes related objects (as medals)

— nu·mis·ma·tist \nü-ˈmiz-mə-tist, nyü-\ noun

Please explain how this is a steppingstone to a global monetary system or a world banking system.

I think he meant this bit:

4. Obligates each World Assembly member nation to regulate the buying and selling of coins and banknotes; urging nations to adopt rules such as:

a) issuing fair taxation of sales in formal auctions and licensed currency dealers’ shops,
b) creating a license system for those who wish to formally sell currency,

Basically that's calling for regulation of the foreign exchange market.

[Grays Harbor]

I read it more as a safeguard for the consumer/collector against those who try and pass off counterfeits and reproductions as genuine collectables.

[Koumpounophobia]

I ask this. How am I supposed to enforce this when my currency is the voucher.

Why would an example of your voucher not be eligible, or not as worthy as any other means of exchange? Some ancient societies used carved stones with a hole in them, many modern societies use electronic means through cards and chips. An example of your voucher would be a worthwhile addition.

My nation uses the simple black button. As long as the display is properly marked, any currency should work fine.

[The Palentine]

...Are we to begin funding WA bureaucracies for every hobby now?...

<hold up glass of wild Turkey rare breed as a toast>
Here, here, my dear Irinia! I've any number of unsavory and unwholesome hobbies, and apart from offering to sell my vote to the highest bidder in the festering Sankepit, I see no need to ask for WA funding. Besides, once I ask for funding, the sneaky bastard gnomes will try to regulate my unwholesomeness. So I say to my fellow denizens of the festering snakepit, find another way to gfund your hobbies. The Palentine shall vote against.
Excelsior,
Sen. Horatio Sulla

[Aundotutunagir]

I read it more as a safeguard for the consumer/collector against those who try and pass off counterfeits and reproductions as genuine collectables.

"regulate the buying and selling of coins and banknotes"

Would seem to be calling for regulation of the foreign exchange market.

I would also note that this part:

issuing fair taxation of sales in formal auctions

Could be interpreted as a nascent attempt to lay the groundwork for a tobin tax.

It's very important to use precise language when dealing with matters involving currency. It's easy to go from talking about collectibles to talking about currency in general without even realizing you have done so.

[Charlotte Ryberg]

Numismatics is different to Bureau de Change, honoured ambassador to Aundotutunagir. In Numismatics people actually love money for its beauty and design whilst over at the Bureau de Change they just sell and buy money as they come in.

I also note that some Numismatists may find the local Bureau de Change just as helpful when new-style notes come out and they can buy it at face value.

[Buffett and Colbert]

Do you guys not realize this would create a global monetary system? What are the implications for this generating huge inflationary bubbles of expanded credit as 'bank notes' and the like are traded internationally at certain prices and levels? This is just the foundation for more destructive World Bank organizations.

OOC: Damn, he caught me.

[Aundotutunagir]

Numismatics is different to Bureau de Change

I understand that, but the law does what the law says it does. And this one says:

4. Obligates each World Assembly member nation to regulate the buying and selling of coins and banknotes; urging nations to adopt rules such as:

a) issuing fair taxation of sales in formal auctions and licensed currency dealers’ shops,
b) creating a license system for those who wish to formally sell currency,

It doesn't specify that it only covers collectible currency. The way it is written it covers all currency, even currency traded on the foreign exchange market. This would cover not only collectible dealers but market traders as well.

[Hawkryl]

Numismatics is different to Bureau de Change

I understand that, but the law does what the law says it does. And this one says:

4. Obligates each World Assembly member nation to regulate the buying and selling of coins and banknotes; urging nations to adopt rules such as:

a) issuing fair taxation of sales in formal auctions and licensed currency dealers’ shops,
b) creating a license system for those who wish to formally sell currency,

It doesn't specify that it only covers collectible currency. The way it is written it covers all currency, even currency traded on the foreign exchange market. This would cover not only collectible dealers but market traders as well.

If you use the barter system then potentially everything in your nation would have to be regulated by the WA.

You need a opt out clause if you ask me.

[Buffett and Colbert]

It doesn't specify that it only covers collectible currency. The way it is written it covers all currency, even currency traded on the foreign exchange market. This would cover not only collectible dealers but market traders as well.

Kind sir, could you explain to me why or how one would be able to buy currency that wasn't intended for collection purposes?

[Hawkryl]

It doesn't specify that it only covers collectible currency. The way it is written it covers all currency, even currency traded on the foreign exchange market. This would cover not only collectible dealers but market traders as well.

Kind sir, could you explain to me why or how one would be able to buy currency that wasn't intended for collection purposes?

It's called a job, you're buying money with your time.

And most people use that money.