Act of Parliament A.P.01-029 Economic Stability Act

[bloodyrebals]

A
Bill
To
Reform the National Economy by Regulating Player-to-Player Transactions​

1 - Short Title and Enactment
(1) This Act may be cited as the ‘Economic Stability Act’.
(2) This Act may be numbered as P.B.01-029.
(3) This Act shall be enacted immediately upon its signage.
(4) This Act is authored by Nim.
(5) This Act is co-sponsored by Members of Parliament, Ibney and Twiscet.

2 - Reasons
(1) The ability for players to go into debt effectively allows for the creation of currency without economic backing, which leads to inflation and devalues the currency held by the general player base.
(2) This mechanic is being exploited by some players to "print" money, which is then traded for foreign exchange, causing a net drain on the server's economy and undermining its stability.

3 - Regulation of Player Transactions
(1) The /pay command, and all other commands that facilitate direct player-to-player currency transfers, shall be modified to prevent players from entering a negative balance.
(a) A player's account balance may not fall below 0 as the result of a transaction.
(b) Any attempt to execute a transaction that would result in a negative balance for the sender shall be denied.

4 - Limitations
(1) Any player with a negative balance shall not receive any adjustment to their balance.
(a) Players may acquire money by any lawful means in order to remove their debt."

 

[WackJap]

Royally assented