Difference between revisions of "Issue money"
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Revision as of 21:41, 23 June 2011
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Issue money allows congress members to propose a value of local currency that, if voted, will enter into the country accounts. Printing money has a Gold fee which is a fighting measure against puppet administrations who print huge amounts of money to destroy economies from the inside.
If a country wants to issue money it has to pay a tax in gold. The tax is calculated with the rate of 1 national currency = 0.005 Gold. For example: if the country wants to issue 10.000 currency the tax will be 50 GOLD.
The information about this tax is available in the page: "In order to print national currency, an amount of Gold will be removed from the country account. The rate is 1 (national currency) printed = 0.005 Gold."
If the law for donating national currency is rejected, the tax amount in gold which was deducted is returned to the country's account.
Back to Country administration page