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       #Post#: 226--------------------------------------------------
       Proposal: New Rule- Bank/Currency [Passed 3-0]
       By: JamesSupreme Date: January 17, 2011, 8:45 am
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       "There will be a Supreme Bank. The money will be in the terms of
       dollars and cents. The money will be known as Supreme Currency
       or SC. Every player, dictator or lower player, has an account
       with the Supreme Nomic with this money in it.
       A) The Supreme Nomic has a Vault. This initially has
       $1,000,000,000.00 in it. Every player starts with $100.00 of
       this number.
       1) Every week at noon on Monday, the interest kicks in
       and adds 1% to everyone's accounts. (So, if you have $100.00,
       you get a dollar a week. If you have $1,000,000,000, you will
       get $10,000.00 a week. Your interest only works if you keep your
       money in the Vault. To put money in the vault, ask the Chairman.
       C) The money of the Supreme Nomic may be used in ANY
       subNomic.
       1) It is up to the other Nomics if they allow the
       transfer of money between subNomics.
       D) The Chairman may grant grants toward different projects.
       All grants are listed below and may be added as they are created
       without having to create an amendment:
       1) "Innovative Choices Grant"-- If the Chairman,
       Vice-Chairman, and Secretary feel that the Dictator of a certain
       subNomic is creating a gaming environment that is creating high
       new player appeal, they may grant them a sum up to $1,000.
       2) "Hold-Up Grant"-- If a Nomic is failing economically,
       the Chairman, Vice-Chairman, and Secretary may grant the
       dictator a sum up to $1,000,000.
       3) "Jump Start Grant"-- Every time a new Nomic starts,
       they will receive $1,000,000. This may only happen once per
       dictator. (In other words, if one player opens up two Nomics,
       only one of his or her choice will receive the grant.)
       E) If the Supreme Nomic gains more and more dollars, the
       value of the dollar goes down by .1% per fifty thousand. If the
       Supreme Nomic loses more and more dollars, the value of the
       dollar goes up by .1% every fifty thousand. If the Nomic falls
       into the negative, the game may still be played and points may
       still be dealt but the game is officially in a recession.
       The bold is the update so far before the vote.
       #Post#: 403--------------------------------------------------
       Re: Proposal: New Rule
       By: JamesSupreme Date: January 20, 2011, 8:32 pm
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       Same with this rule, considering there has been no discussion, I
       wish to take this to a vote. I am for.
       #Post#: 405--------------------------------------------------
       Re: Proposal: New Rule
       By: iqforu Date: January 20, 2011, 8:36 pm
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       I think we should discuss this before taking it to a vote. I
       know, we should have been discussing it all along. Care to
       briefly explain why each point should be how it is?
       #Post#: 409--------------------------------------------------
       Re: Proposal: New Rule
       By: JamesSupreme Date: January 20, 2011, 8:43 pm
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       "There will be a Supreme Bank. The money will be in the terms of
       dollars and cents. The money will be known as Supreme Currency
       or SC. Every player, dictator or lower player, has an account
       with the Supreme Nomic with this money in it.
       A) The Vault is like a Fort Knox. This part talks about how
       much is initially in it and how much players get. THis is all
       players. Not just SUpreme Nomic players.
       1) This just talks about interest which I felt needed to
       be kept low for now. Also, it gives more power to the Chairman.
       B) More power to the Chairman. Also, allows for loans. I
       kept this fairly open so that the Chairman can decide what to
       do. This also allows the money to be used in ANY Nomic.
       C) Obvious.
       1) This allows trade with the Supreme Nomic and
       subNomics, allowing a closer tie to each.
       2) This restricts the allowance of intersubnomic
       trading.
       D) More power to the Chairman. Allows grants.
       1) Self explanatory.
       2) Self explanatory
       3) Self explanatory"
       E) This allows for inflation. This is the only one that I
       was not sure of but I could see how it would allow for a true
       economy.
       All of this was written just for the idea that there could be an
       Economy.
       #Post#: 411--------------------------------------------------
       Re: Proposal: New Rule
       By: RobertVarulfur Date: January 20, 2011, 8:51 pm
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       The chairman is continuing to rack up different powers. While
       this is understandable I feel as though a warning is needed. . .
       #Post#: 414--------------------------------------------------
       Re: Proposal: New Rule
       By: JamesSupreme Date: January 20, 2011, 8:57 pm
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       True but as it is now, I feel that the Chairman doesn't have
       almost ANY powers. But yes, I see where your warning is coming
       from and it does have a solid ground beneath it. Nonetheless, I
       feel that this (if abused) could end up as either a Watergate or
       a huge AMERICAN ECONOMY so I think this could add some flavor.
       #Post#: 416--------------------------------------------------
       Re: Proposal: New Rule
       By: iqforu Date: January 20, 2011, 9:04 pm
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       I think a little more explanation could be used in B. As it is
       written, I could give myself the entire vault's worth of money
       to my nomic.
       On C.1, how to we decide transfer rates? I'm trying to wrap my
       brain around deciding a fair system that would make each
       different yet fair.  And actually, we might want to hold back on
       this until we regulate commerce in each sub-nomic. I could make
       each point of mine worth $10000 in the Supreme Nomic, and have a
       clear advantage.
       On C.3, would the nomic get $1,000,000 each time the nomic is
       won and resets?
       Just little things that should be tweaked before passing. The
       heart of the proposal is solid.
       #Post#: 420--------------------------------------------------
       Re: Proposal: New Rule
       By: JamesSupreme Date: January 20, 2011, 9:09 pm
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       K. How would you like to change B?
       I left transfer rates up to the subNomics but we can easily
       state those here. I agree with you on the subNomics. I see where
       you are coming from.
       No, when a NEW Nomic starts. I wouldn't take into consideration
       a restart as that but yet again, we can define that here.
       In fact, I think from now on, we need to make sure that all
       proposals are bulletproof before passing. I think that's been
       our problem lately.
       #Post#: 426--------------------------------------------------
       Re: Proposal: New Rule
       By: iqforu Date: January 20, 2011, 9:14 pm
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       I agree. Okay, B... I'm not sure what to do with it, lol. I say
       we either take it out or change it into a loan system.
       Transfer rates... again, not sure how to incorporate transfer
       rates. I'll look up how it works in real life. Economics is so
       complex.
       Nomic startup grant.... okay, sounds good. I think its phrased
       well enough but maybe reword to make certain.
       #Post#: 454--------------------------------------------------
       Re: Proposal: New Rule
       By: JamesSupreme Date: January 20, 2011, 10:14 pm
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       I have updated this with bold.
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