Christian dollar

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Christian dollar
User(s)
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League of Christian Nations

 Christian States
 Cascadian State
The Constitusional Monarchy of Statsen, De Konstütionall Monarkei Y Statzen
Motto: "Cura enim patriam et principem"
Capital
and largest city
Statzbürg, South East Province
Official languages Statish
Recognised regional languages
  • Statish
National language Statish
Demonym Statson
Government Parliamentary constitutional monarchy
 -  Emperor Benjor Harlaug XVIII
 -  Imperial Advisor Ürmann Graun
 -  Speaker of the House John Louis
 -  Chief Justice Micheal Robertson
Legislature Congress
 -  Upper house Senate
 -  Lower house House of Representatives
Independence from the United States
 -  Declaration January 1st, 2012 
 -  Constitution June 21, 2012 
 -  Recognized by the United States August 21, 2013 
 -  Joined the World Assembly July 9th 2014 
Area
 -  Total Area 1,739,884 km2
1,081,114 sq mi
GDP (PPP) 2044 estimate
 -  Total $12.418 trillion
 -  Per capita $54,596
GDP (nominal) 2044 estimate
 -  Total $17.418 trillion
 -  Per capita $54,596
Currency Weiler (WE)
Time zone (UTC-2 to +2)
 -  Summer (DST)  (UTC−4 to −6)
Date format DD/MM/YYYY
Drives on the right
Calling code +1
ISO 3166 code ST
Internet TLD .st Note: This page is WIP and based of Union of Christian States' page. It will be completed later.
a. ^ English is the official language of all states. French is a de facto language in the state of Louisiana, while New Mexico state law grants Spanish a special status. English is the de facto language of Christian States government and the sole language spoken at home by 80 percent of Christian Unionists aged five and older. All states have made English an official language. Other official languages include Carolinian and French.

Template:Country data Tekkit
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Providence and Port Hope
 Chemung
Inflation 0.20 % (2015)
Method CPI
Pegged by
Subunit
1/10 Dime
1/100 Cent
1/1000 Mill (used in accounting and by almost all gas stations)
Symbol C$
Nickname Bill, bean, buck, paper, smackeroo, ducat, doubloon, dead president, smacker, and greenback. Plural: dough, green, bread, bones, bananas, bucks, skrilla, (bank) clams. Also peso in Puerto Rico, and piastre in Cajun Louisiana.
Coins
Freq. used 1¢, 5¢, 10¢, 25¢
Rarely used 50¢, $1
Banknotes
Freq. used $1, $5, $10, $20, $50, $100
Rarely used $2, $500, $1,000, $5,000, $10,000, $100,000
Issuing authority Christian Reserve System
Printer Bureau of Engraving and Printing
Mint Christian Nations Mint

The Christian Dollar (sign: C$; also abbreviated C$ and referred to as the dollar) is the official currency of the League of Christian Nations and several countries. It is a Christian Reserve Note and consists of 100 smaller cent units.

The Christian dollar is fiat money. It is one of the most used currencies in international transactions. Several countries use it as their official currency, and in many others it is the de facto currency.

Banknotes

Currently printed denominations are $1, $2, $5, $10, $20, $50, and $100. Though still predominantly green, post-2015 series incorporate other colors to better distinguish different denominations.

Means of issue

The monetary base consists of coins and Christian Reserve Notes in circulation outside the Christian Reserve Banks and the LCN Treasury, plus deposits held by depository institutions at Christian Reserve Banks. The amount of cash in circulation is increased (or decreased) by the actions of the Christian Reserve System. Eight times a year, the 12-person International Open Market Committee meet to determine LCN monetary policy. Every business day, the Christian Reserve System engages in Open market operations to carry out that monetary policy. If the Christian Reserve desires to increase the money supply, it will buy securities (such as LCN Treasury Bonds) anonymously from banks in exchange for dollars. Conversely, it will sell securities to the banks in exchange for dollars, to take dollars out of circulation.

When the Christian Reserve makes a purchase, it credits the seller's reserve account (with the Christian Reserve). This money is not transferred from any existing funds—it is at this point that the Christian Reserve has created new high-powered money. Commercial banks can freely withdraw in cash any excess reserves from their reserve account at the Christian Reserve. To fulfill those requests, the Christian Reserve places an order for printed money from the LCN Treasury Department. The Treasury Department in turn sends these requests to the Bureau of Engraving and Printing (to print new dollar bills) and the Bureau of the Mint (to stamp the coins).

Usually, the short-term goal of open market operations is to achieve a specific short-term interest rate target. In other instances, monetary policy might instead entail the targeting of a specific exchange rate relative to some foreign currency or else relative to gold. For example, in the case of the Christian States the Christian Reserve targets the federal funds rate, the rate at which member banks lend to one another overnight. The other primary means of conducting monetary policy include: (i) Discount window lending (as lender of last resort); (ii) Fractional deposit lending (changes in the reserve requirement); (iii) Moral suasion (cajoling certain market players to achieve specified outcomes); (iv) "Open mouth operations" (talking monetary policy with the market).

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