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Frenequesta wrote:Well-dressed mad scientists with an edge.

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by Oneracon » Sat Aug 06, 2016 2:39 pm
Compass
Economic Left/Right: -8.13
Social Libertarian/Authoritarian: -6.72
| Pro: | LGBTQ+ rights, basic income, secularism, gun control, internet freedom, civic nationalism, non-military national service, independent Scotland, antifa |
| Anti: | Social conservatism, laissez-faire capitalism, NuAtheism, PETA, capital punishment, Putin, SWERF, TERF, GamerGate, "Alt-right" & neo-Nazism, Drumpf, ethnic nationalism, "anti-PC", pineapple on pizza |

by Eshan » Sat Aug 06, 2016 7:03 pm

by United Provinces of Atlantica » Sat Aug 06, 2016 7:50 pm
by Tumbra » Sun Aug 07, 2016 6:10 am
by Tumbra » Sun Aug 07, 2016 7:23 am
Central Bank Act
| Author: Raharjo Iskandar-Bambang (Arkolon) |
| Sponsors: Léon Dimitri Mourani (Filimons), Siva Jeyaratnam (Electrum), John Chiu (Ainin), Putu Hutapea (Kamchastkia), Kevin Katdare (Collatis), Ahmed Corbor (Nariterrr) |
An Act to provide an official currency to Elizia as well as to grant its issuer legal authority to issue the currency as legal tender.
(1)The central bank of the state of Elizia shall be the Federal Reserve Bank of Elizia.(2)The Federal Reserve Bank of Elizia shall have the exclusive right to:(3)
a) Issue the Elizian Bank Note, henceforth the "Elizian bulat".
b) Formulate and implement monetary policy with regards to the Elizian bulat.The organs of the Federal Reserve Bank of Elizia shall be the Chairman of the Federal Reserve Bank, the Monetary Council, as well as the Board of the Federal Reserve Bank of Elizia.(4)
a) The Parliament of Elizia shall appoint the Chairman of the Federal Reserve Bank for a period of 6 years. The Chairman shall not belong to a political party, a trade union or perform public activities incompatible with the dignity of his office.
b) The Monetary Council shall be composed of the Chairman of the Federal Reserve Bank, who shall preside over it, as well as persons distinguished by their knowledge of financial matters - appointed by the Chairman of the Federal Reserve Bank - for a period of 6 years.All banks within the Federation of Elizia will have to join the National Federal Reserve Banking System of Elizia, where the banks will have to accept the Elizian bulat as legal tender as well as the position of the Federal Reserve Bank of Elizia as its legal authority.(5)The organisation and principles of activity in the Federal Reserve Bank of Elizia, as well as detailed principles for the appointment and dismissal of its organs, shall be specified by statute.(6)All accounts currently denominated in Elizian dollars, the previous currency of Elizia to which the Elizian bulat is the legal successor, will be automatically converted to be denominated in Elizian bulats at a 1:1 ratio effective immediately after the passing of this Act. Elizian dollars held as paper currency may also be converted into Elizian bulats, in the form of a credit to their bank account, at any bank registered under the National Federal Reserve Banking System of Elizia.
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