Need help with from a banking expert

There is online nation called Titulia. Basically you can log in, join a political party, run for elections, set up a business and make some money. They are currently fixing the kinks in political system and the economy.

The current president, Dennis McVicker, is form the Libertarian party. But he is trying to set up a centralised federal bank, which will buy loans form other banks. He will also have it run my other bankers.

Leading candidate, Owen Merry of the United Independent party, who left the Libertarians because they became too Keynesian and left-wing. Is the only one arguing against this idea. But no one else seems to care because they are being lured in by cheap credit.

It might be too late for you to going in the elections but, you can at least try and argue that they should emulate the current failing banking system.

Click here to join.http://www.titulia.com/index.php?page=ref,id=322

I figured a bunch Ron Paulites could help me out.

A libertarian wants to set up a central bank? Lol. Anyway, I think this is can only be consistent with libertarianism if it follows the non-initiation of aggression anxiom. Can I assume that the people who sign up to be part of the online nation agree to have a president? Will this central bank practice FRB?

His agenda is here. He is calling it the FRBT.

http://www.titulia.com/blog/view/689/Economic-Agenda-Part-1-The-Federal-Reserve-Bank-of-Titulia.html

It looks like he is going to win the presidential race. Boo.