The Conference of Persenburg was held in frequent, scheduled sessions from 16 to 18 January 2019. The conference was held via Internet, in a Facebook discussion group to overcome obstacles of time and distance. The Conference aimed to discuss economy within the Lusophone sector of micronationalism, studying cases and exposing several topics of discussion, exploring the examples in process among the invited micronations.
On 14 January, the first theme of the day was “Micronational Economy: Feasibility”. Representatives of Deltaria, Manso, Villa Alicia and Karnia-Ruthenia participated in the discussion. There was an intense exchange of experiences, especially on the creation of companies in the micronational sector, with emphasis on the Manseans advances.
The second debate was “Economic Framework: Practical and Legal Aspects”. Representatives of Deltaria, Manso, Villa Alicia and Karnia-Ruthenia participated in the discussion. This discussion was marked by the exchange of experiences of the representatives, with special attention to the economic practice between the involved ones and the diminutive legislation on the subject in Deltaria.
On 15 January, the first theme of the day was “Utilization and Ballast: of the Applications and the Value of the Micronational Currency”. Representatives of Deltaria, Manso and Karnia-Ruthenia participated in the discussion. Innovative measures were discussed to replace ballast, which in practice was less widespread in the micronational medium as a practical concept and foreign micronations and their established ballasts were mentioned.
The second debate was “Cryptocurrencies and the Mining Process for Micronationalism”. Representatives of Deltaria, Manso and Karnia-Ruthenia participated in the discussion. It was shown that few micronations made use of cryptocurrencies, as an expensive alternative and with few successful examples in the middle, although it was definitely an option.
On 16 January, the first theme of the day was “On the standards of ballast and conversion: economic integration tool?”. Representatives of Manso and Karnia-Ruthenia participated in the discussion. The Mansean conversion alternative was presented; an innovative method with analysis by means of algorithms that would measure activity as a means to convert this variable as value of a micronational currency. Posteriorly, the “Betism”, a economic theory developed by Rafael Campos, Ministry of Economy of Deltaria, was also presented. A suggestion of support for the Nazi-fascist cause on the part of a Deltarian citizen who inspired the theory caused a discomfort with the hosts, making it impossible to continue the appreciation of the theory.
The second debate was “National Banks and Reserves and their relevance in micronational government.”. Representatives of Deltaria, Mauricia, Villa Alicia and Karnia-Ruthenia participated in the discussion. The delegations demonstrated a special peculiarity in this topic, each one having developed very particular methods, mostly refined, with special attention to the procedures adopted by Villa Alicia and Mauricia, the most complex.
The third debate was “Stock Exchange: national or sectoral?”. Representatives of Deltaria, Mauricia and Karnia-Ruthenia participated in the discussion. Partial interest in the establishment of a national stock exchange was shown to the detriment of one for the whole sector due to the lack of micronational activity and the unpopularity that legislation and regulation on the subject used to cause.
On 17 January, for the last day of debates, the first theme of the day was “Economic integration: paths in Lusophone sector”. Representatives of Deltaria, Villa Alicia and Karnia-Ruthenia participated in the discussion. It was found that despite many possible plans, the creation of an entity or body that professed common economic interests would be desirable and would be an instrument to promote economic integration.
The second debate was “Economic activity as an incentive mechanism to the activity”. Representatives of Manso, the Reich, Mauricia and Karnia-Ruthenia participated in the discussion. The highlight was the Maurensian activity, which merges mercantile elements into government activity, forcing the public machine to “pay for activity”, in a system unique to micronationalism in any linguistic sector, there being no parallel case and constituting this in pride of the Lusophone sector.
On 18 January, the last day of the event, the day was reserved for discussions on the development of partnerships and closure of the event, with the distribution of a commemorative medal to celebrate the first organized economic event in the Empire.
With the beginning of the year, the Empire is preparing for another annual season of activities to be carried out and others that, already established, should take place at the first opportunity.
In the Imperial Court, the Emperor and the Empress entertain their noble peers with social activities, especially the familiar ones. The political class still struggles to mobilize and finally be able to make viable the electoral process, which has long been blocked and whose realization brings great expectation. The economy, the project of the eyes of the population, can gain strength with the coming Conference of Persenburg, still undated and without confirmed guests, but presumed to deal with economic issues.
In the field of international relations, in addition to the previously mentioned conference, other news for January are already established. The Ambassador to the Lusophone Sector, Prince Karácsony-Maryen expands the diplomatic horizons of the Empire and begins to contact relevant micronations of the Spanish-speaking sector. In addition, the possibility of a micronational meeting in São Paulo, the third of its kind, encourages the Ministry of Foreign Affairs.
In parallel with this, it is known that the Empire plans to strengthen its presence in the British Isles through partnerships and also strengthen its relationship with micronations of Eastern Europe, a region of great interest since always. In addition, propaganda for the increase of citizens from this region are under way.
The apparent calm of government, in fact, hides a tangle of activities whose fruits are to be harvested throughout the year, promising great political-social changes, and also in the economic field, for the first half of 2019.
If micronationalism is based on the faithful re-creation of a (macro)nation, relying on its own constitution, courts, parliaments, society and culture, it is natural to think that economics is also part of a more refined conception of micronationalism. Although not the main bias of micronational activity – several famous and successful micronations do not have an economic system – it is true that developing an original system adds and enhances the debate over the limits of micronational practice – and how to expand them.
The first step towards economic discussion in the Empire was in February 2015. Initiated by the then Minister of Finance, Count Faria, who was responsible for the creation of Ruthenian Mark, the official currency of Ruthenia and since then, the rest of the Empire after the Compromise of 2016. Although with little practical use, the Count Faria initiative was recognized to the point of being elected with wide margin for a mandate in the then Diet of Ruthenia.
After that, little was said about economy in the Empire. The King of Carpathia, the Duke of Libertia and the Duke of Appinfeldt, in various situations, mentioned plans to promote an Imperial Treasury (created at the end of 2017), but the various plans derived from these meetings never took place.
However, in 2017, the economy enthusiasts in the Empire came to have a voice and an opportunity. During the Congress of Colo, which took place between August 12 and September 2 of that year, t first debate largely focused on the issues of micronational currency and economic policy. Ideas regarding intermicronational currency exchange rates, banking regulations and stock exchanges were brought up, and all delegations appeared to be optimistic about the direction of the convention.
The effects of the Congress of Colo on the internal politics of the Empire it was noted with the creation of foundation of three state-owned enterprises (KCOM, KAWA and KarniaLight) on 12 September; the Imperial Bank of Karnia-Ruthenia on 27 November, the imperial central bank and thought to be based on public capital and private capital and responsible for the monetary policy and finally, the Imperial Treasury on 17 January 2018 as the government department responsible for developing and executing the government’s public finance policy and economic policy, but also charged with the receipt and custody of government funds. An honorable mention, yet, was the bill based on Gotzer law presented by the Emperor on types of corporate societies, which was lost when the forum was overthrown by Thomas de Cumagne on last October. Without saved copies, the project is lost.
If, on the one hand, the State has finally put the economy as one of its priorities, this measure has brought with it an insistent doubt: how to make a micronational economy work and more important than that, to prosper? And such primordial question is what made it necessary to form an economic team to advise the Emperor on the directions that the Empire should take soon.
To implement long-term policies, it is necessary the Emperor to lead them. To ensure that there will be no legal obstacles, the Minister of Justice, Prince Wilhelm von und zu Hochbach is also necessary. Then an economist was missing.
Matthias Wigmaransz Bergwächter Kiesel, a great enthusiast and scholar of economics and philosophy, presented himself to the Emperor last year when he acquired citizenship of the Empire. Since then, several meetings and debates have taken place; the longest of which occurred last Tuesday night and lasted more then four hours, discussing various subjects such as the origin of the currency in human society, the economic culture of different peoples and of course, how to apply it to micronationalism. His appearance also marks an important social aspect: it shows that an ordinary civilian could reach the highest spheres of power, having only talent and a good project. Success in the Empire would not have to go through noble titles and honors.
Concurrently, the Emperor has sought contacts with micronations that already use their own and well established economic systems, as is the case of the United Provinces of Mauricia and R.U.P.A., micronations of Lusophone Sector with a long history of economic practice tied to micronationalism. This, of course, without forgetting to study the examples of the Anglophone Sector.
Excited at the outlook that opens before the Empire, Mr. Kiesel is quoted to be the next Minister of Finances and legislation on the subject can be addressed soon. Our success, in the near future, may perhaps be counted in piles of Ruthenian Marks.
Tonight, His Imperial and Royal Majesty, the Emperor-King, published the Imperial Decree n. 125-218, creating the Imperial Treasury.
The Imperial Treasury of Karnia-Ruthenia, which can also be called as the Exchequer or the Treasury, is the Karno-Ruthenian government department responsible for developing and executing the government’s public finance policy and economic policy, but also charged with the receipt and custody of government funds.
According to its creation decree, a first contribution should be made and, at the date of its creation, the resources deposited in the Imperial Treasury were estimated at the value of € 57.OO, or US$ 69.00, or R$ 225,00, or $AR 1.317,00.
Created this morning by Imperial Decree n. 119-2017, the Imperial Bank of Karnia-Ruthenia is the first financial institution created in the Empire, also serving as the central bank. According to the decree, the missions of the Imperial Bank are the issuance and management of banknotes, implementation of monetary policies, providing settlement services and ensuring the stability of the financial system, treasury and government securities-related operations, compilation of data, economic analyses and research activities, among others.
This decree marks the resumption of imperial government plans to implement future mercantile practices, an objective that was foreseen many years ago and reinforced after talks with micronations located in North America since the Congress of Colo. The economic question also finds interest and sympathy in micronations located in South America, that has skillfully ventured in this branch of micronational activity at least from the beginning of this decade.
The decree can be read here.