SB 2017-123: The Currency of Atlasia Act (Passed)

[Wikipedia delenda est]

I'll sponsor this and I'll attempt to answer the questions tomorrow.

[Wikipedia delenda est]

I have a few questions about this bill.

1. What, exactly, are "denominations for inflation?"
2. How would this bill affect the current role of the Federal Reserve?
3. What happens to dollar bills that are made with paper?  If they are worth zero value after August 2019, are they meant to be individually exchanged to banks for polymer bills?

1. My guess is this means that the Bureau can take measures to impact the value of the currency, such as pursuing a strong dollar policy in order to combat inflation.
2. I doubt that this would affect the role of the Federal Reserve much. I don't see any reference to interest rate policy in the bill. It may, however, affect the role of the Treasury, as most currency value policy is dealt with by the Treasury.
3. I'm not sure what will happen to such dollars. I support an amendment to clarify an exchange system in which people will be able to exchange old money for new so that the old does not become completely worthless.

[Wikipedia delenda est]

I propose the following amendment:

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Atlasian People's House of Representatives
Passed 6-0 in the Atlasian House Assembled,

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Note: The British term bureaux de change was used instead of the American term currency exchange because the latter has multiple meanings; instead of meaning a business where currency is exchanged, it can mean the act of exchanging currency itself.

[Wikipedia delenda est]

Seeing no further debate, I move for a final vote on this bill.

[Wikipedia delenda est]

Aye