The Quantitative Easing Act
From The Kodiak Republic Wiki
The Quantitative Easing Act
Article 1:
- 1.1 - The Central Bank shall establish a monetary policy of mild quantitative easing. The Treasury shall create 12.1 billion new florins which the Central Bank shall use to start buying a small number of long-term bonds spread over the largest financial institutions in Kodiak.
- 1.2 - After 12 months from implementation, this article will be automatically removed unless the General Assembly wishes and votes to renew it.