Difference between revisions of "Issue money"
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|[[File:Icon law issue money.png]] | |[[File:Icon law issue money.png]] | ||
− | |'''Issue money''' is a law that allows [[Dictator]] or [[Congress member]]s to propose a value of the local [[currency]] that, if voted, will enter into the [[ | + | |'''Issue money''' is a law that allows the [[Dictator]] or [[Congress member]]s to propose a value of the local [[currency]] that, if [[Voting system|voted]], will enter into the [[treasury]] (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. The fee is taken immediately when the law is proposed. | 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. The fee is taken immediately when the law is proposed. | ||
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|[[File:Icon issue.gif]] | |[[File:Icon issue.gif]] | ||
− | |'''If a country wants to issue the money it has to pay a tax in gold.''' | + | |'''If a country wants to issue the money it has to pay a tax in gold.''' |
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+ | The tax is calculated with the rate of {{Money|1}} = {{Gold|0.005}}. | ||
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+ | For example: if the country wants to issue {{Money|10 000}} the tax will be {{Gold|50}}. | ||
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Latest revision as of 02:22, 27 June 2020
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Issue money is a law that allows the Dictator or Congress members to propose a value of the local currency that, if voted, will enter into the treasury (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. The fee is taken immediately when the law is proposed. |
If a country wants to issue the money it has to pay a tax in gold.
The tax is calculated with the rate of 1 CC = 0.005 GOLD. For example: if the country wants to issue 10 000 CC the tax will be 50 GOLD. |
If the law for donating national currency is rejected, the tax amount in gold which was deducted is returned to the treasury.
Changes
On Day 2.362 following changes were made to combat the profits achieved by the users and state organizations in the monetary market:
- Gold was removed as an option from the country donations law on the country administration page.
- Players are now able to donate Gold on the country’s Economy page. Citizen has to be level 25 or higher to be able to donate gold to Treasury, with a minimum requested amount of 1 GOLD.