central_bank_of_the_free_state_of_settlers
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| central_bank_of_the_free_state_of_settlers [2025/04/21 09:48] – [The Monetary Transition (2625)] 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 OF THE FREE STATE OF SETTLERS ====== | ||
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| ===== Overview ===== | ===== Overview ===== | ||
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| * **Founding Year:** 2625 | * **Founding Year:** 2625 | ||
| * **Chair:** Silas Brenning (2625–2629) | * **Chair:** Silas Brenning (2625–2629) | ||
| - | * **Headquarters: | + | * **Headquarters: |
| * **Primary Mandate:** Monetary policy, financial regulation, and currency issuance for the [[free_state_of_settlers|Free State of Settlers]] | * **Primary Mandate:** Monetary policy, financial regulation, and currency issuance for the [[free_state_of_settlers|Free State of Settlers]] | ||
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| 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 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. | ||
| - | Although settlers initially relied on a barter economy after 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. | + | 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 | + | 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]], |
| ==== Institutional Expansion and Oversight (2626–2628) ==== | ==== Institutional Expansion and Oversight (2626–2628) ==== | ||
central_bank_of_the_free_state_of_settlers.1745228888.txt.gz · Last modified: 2025/04/21 09:48 by admin