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--- central_bank_of_the_free_state_of_settlers [2025/04/21 09:45] – [Collapse and Dissolution (2629–2631)] admin
+++ central_bank_of_the_free_state_of_settlers [2025/12/28 14:19] (current) – [CENTRAL BANK OF THE FREE STATE OF SETTLERS] admin
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 ====== CENTRAL BANK OF THE FREE STATE OF SETTLERS ======
+{{:central_bank_and_coin_press_and_money_printing_house_scenic2d.png?direct&400|}}
 ===== Overview =====
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   * **Founding Year:** 2625
   * **Chair:** Silas Brenning (2625–2629)
-  * **Headquarters:** [[New Kourou|New Kourou]]
+  * **Headquarters:** [[Headquarters of the Central Bank of the Free State of Settlers|Headquarters of the Central Bank of the Free State of Settlers]], [[New Kourou|New Kourou]]
   * **Primary Mandate:** Monetary policy, financial regulation, and currency issuance for the [[free_state_of_settlers|Free State of Settlers]]
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 ==== The Monetary Transition (2625) ====
-In the aftermath of Day Zero, the settlers initially relied on a barter economy. However, the lack of standardized value units led to widespread inefficiency and disputes over trade fairness. Recognizing the need for economic cohesion, the [[settler_s_council|Settler's Council]] authorized the establishment of a central monetary authority: the Central Bank of the Free State of Settlers.
+The foundation of the Central Bank and the introduction of the Kourou were part of the original economic strategy outlined in the [[human_settlement_plan_hsp|Human Settlement Plan (HSP)]], which aimed to ensure economic cohesion and financial autonomy for the new colony.
-The bank officially began operations in September 2625 and initiated the design and production of the Kourou. Two months later, the printing facility and coin press became operational, producing copper coins for small transactions and printed notes for larger exchanges.
+Although settlers initially relied on a barter economy after [[day_zero|Day Zero]], this quickly proved inadequate for scaling an industrial society. In June 2625, the [[settler_s_council|Settler’s Council]] passed the Monetary Stabilization Act to implement the monetary policy outlined in the HSP. The Act formally established the Central Bank of the Free State of Settlers and granted it authority to create a currency backed by land assets and projected agricultural output.
+By November 2625, the CBFS launched its first print run of paper bills and copper coins, created using the tools and facilities of the newly built Coin Press and Money Printing House. These were distributed to settlers in [[new_kourou|New Kourou]], [[hope|Hope]], and [[morningstar|Morningstar]].
 ==== Institutional Expansion and Oversight (2626–2628) ====