Decentralisation of Currency Bill [Failed]

[Southern Senator North Carolina Yankee]

I see no reason for such a drastic change in our entire banking system.

I agree. Now is not the time.

[Southern Senator North Carolina Yankee]

I don't see much of a problem with this really.

Except for the whole "completely changing our banking system on a whim for no apparent reason" thing.

It's not. It has very little effect on the banking system; dollars are still dollars. It means banks can print them but only if their reserves are sound as certified by the Treasury. It actually helps the Treasury keep tags on the banks to ensure they are not overreaching themselves.

I still don't like this idea.

[Southern Senator North Carolina Yankee]

Nay