S.19.3-10: Legal Tender Act of 2019 (Tabled) (user search)
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  S.19.3-10: Legal Tender Act of 2019 (Tabled) (search mode)
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Author Topic: S.19.3-10: Legal Tender Act of 2019 (Tabled)  (Read 856 times)
Saint Milei
DeadPrez
Atlas Politician
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Posts: 4,007


Political Matrix
E: 9.16, S: -7.91

« on: August 14, 2019, 03:41:26 PM »

Are there any objections to this?
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Saint Milei
DeadPrez
Atlas Politician
YaBB God
*****
Posts: 4,007


Political Matrix
E: 9.16, S: -7.91

« Reply #1 on: August 15, 2019, 03:52:21 PM »

How the hell does a regional government have any power to decide what is and is not legal tender?

Technically gold and silver have been considered legal tender in atlasia since it's creation. This just allows southerners to use it more loosely
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Saint Milei
DeadPrez
Atlas Politician
YaBB God
*****
Posts: 4,007


Political Matrix
E: 9.16, S: -7.91

« Reply #2 on: August 16, 2019, 04:01:15 PM »

How the hell does a regional government have any power to decide what is and is not legal tender?

Technically gold and silver have been considered legal tender in atlasia since it's creation. This just allows southerners to use it more loosely

Atlasian Constitution, Article II, Section 3:
Quote
5. No Region shall lay any duty of tonnage, nor grant any title of nobility, nor maintain armed forces in times of peace, nor issue, coin, or recognize as legal tender any currency but that of the Republic of Atlasia.

The Currency of Atlasia Act (F.L. 9-4)
Quote
Section I. Purpose
1. The purpose of "The Currency of Atlasia Act" is to establish an official currency for the Republic of Atlasia.

Section II. Coins of Atlasia
1. The Republic of Atlasia's coins shall include and be worth the following with respect to the Atlasian Dollar:
...
Section III. Dollars of Atlasia
1. The Republic of Atlasia's dollar bills shall include the following:
...
2. The dollar bills shall be made out of polymer.

Section IV. The Beginning
1. "The Currency of Atlasia Act" shall officially go into effect on August 1, 2017.
2. Current dollar bills shall remain legal tender until August 1, 2019.

Section V. The Bureau of Engraving and Printing
1. The Bureau of Engraving and Printing is allowed to add or subtract denominations for inflation

Section VI. Currency Exchange
1. After August 1, 2019, all legal tender minted before said date shall be able to be exchanged for its equivalent legal tender minted after said date at bureaux de change.

are gold and silver not legal tender?
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Saint Milei
DeadPrez
Atlas Politician
YaBB God
*****
Posts: 4,007


Political Matrix
E: 9.16, S: -7.91

« Reply #3 on: August 17, 2019, 04:07:02 AM »

How the hell does a regional government have any power to decide what is and is not legal tender?

Technically gold and silver have been considered legal tender in atlasia since it's creation. This just allows southerners to use it more loosely

Atlasian Constitution, Article II, Section 3:
Quote
5. No Region shall lay any duty of tonnage, nor grant any title of nobility, nor maintain armed forces in times of peace, nor issue, coin, or recognize as legal tender any currency but that of the Republic of Atlasia.

The Currency of Atlasia Act (F.L. 9-4)
Quote
Section I. Purpose
1. The purpose of "The Currency of Atlasia Act" is to establish an official currency for the Republic of Atlasia.

Section II. Coins of Atlasia
1. The Republic of Atlasia's coins shall include and be worth the following with respect to the Atlasian Dollar:
...
Section III. Dollars of Atlasia
1. The Republic of Atlasia's dollar bills shall include the following:
...
2. The dollar bills shall be made out of polymer.

Section IV. The Beginning
1. "The Currency of Atlasia Act" shall officially go into effect on August 1, 2017.
2. Current dollar bills shall remain legal tender until August 1, 2019.

Section V. The Bureau of Engraving and Printing
1. The Bureau of Engraving and Printing is allowed to add or subtract denominations for inflation

Section VI. Currency Exchange
1. After August 1, 2019, all legal tender minted before said date shall be able to be exchanged for its equivalent legal tender minted after said date at bureaux de change.

are gold and silver not legal tender?

Not in Atlasia, no.

then what is legal tender defined as in atlasia
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Saint Milei
DeadPrez
Atlas Politician
YaBB God
*****
Posts: 4,007


Political Matrix
E: 9.16, S: -7.91

« Reply #4 on: August 17, 2019, 09:53:33 AM »

I see the problem. I made a few assumptions about the game. Didnt realize that terrible currency bill was put into play.
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Saint Milei
DeadPrez
Atlas Politician
YaBB God
*****
Posts: 4,007


Political Matrix
E: 9.16, S: -7.91

« Reply #5 on: August 19, 2019, 02:56:42 PM »

I see the problem. I made a few assumptions about the game. Didnt realize that terrible currency bill was put into play.

Even in RL I am pretty sure that would be unconstitutional if done by a state?

No.

https://en.wikipedia.org/wiki/Utah_Legal_Tender_Act
https://gsiexchange.com/states-gold-silver-become-legal-tender/


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