Charging of Interest

Propose and review new legislative variables for the game.

Re: Charging of Interest

Postby Hrafn » Mon May 22, 2017 2:25 am

jamescfm wrote:Thought I would post it here rather than create an entirely new thread, is it worth adding a variable about who controls the base/bank/discount rate? The only issue is that this could create a conflict with the banking system variable- for example if that policy didn't allow for the existence of a central bank but the interest rate policy was that the central bank controlled it.

You inspired me to create a battery of new banking law proposals.
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Re: Charging of Interest

Postby Auditorii » Sat Jun 03, 2017 3:07 pm

As an update to this

Law name: Policy on the charging and collection of interest on loans
Law category: Economy

1) The central bank determines the policy on charging interest on loans
2) The Ministry of Finance determines the policy on charging interest on loans
3) Banks and financial institutions charge interest on loans and are regulated
4) Banks and financial institutions charge interest on loans and are unregulated
5) The government has no policy on the charging of interest on loans (default)
6) Charging interest on loans is illegal
7) Charging interest on loans is illegal for religious purposes
8) Local governments decide loan interest policies

1) Large increase in regulation, large increase in big government
2) Large increase in regulation, large increase in big government
3) Moderate increase in regulation, moderate increase in big government
4) Large increase in capitalism
5) Small increase in capitalism, small increase in small government
6) Large increase in regulation
7) Large increase in regulation, large increase in fanatic (Religion)
8) Large increase in decentralization, large increase in small government
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Re: Charging of Interest

Postby Axxell » Mon Jul 03, 2017 8:17 pm

Maybe to the first option could be add (only if exist a central bank).
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