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Twain, who had long been an economic study, admired the thought of a micronation which ran similar to [[w:New York City|New York City]] and [[w:Wall Street|Wall Street]]. With no citizenship in a micronation, Twain had taken up journalism for various news outlets which he subsequently used to promote the idea of "White Collar Micronationalism." Twain scribbled and ratified the constitution of the Democratic Republic of the Quetican Islands in early May and ratified it near the end of May. The staple of Quetico, its Monetary Policy, was originally ratified that same day along with a published four-phase plan to create the ideal business environment in micronationalism, one based in The Quetican Islands.
The [[Quetico Microinternational Stock Exchange]] opened on May 18, 2016 and began trading shares among companies and individuals. With Twain as Overseer of Quetico Street, the street quickly rose to incorporate several businesses. However, only a couple of days later the Stock Exchange was placed under investigation and was temporarily closed. As a result of struggles to grow, the people of The Quetican Islands agreed it was time for a new Monetary Policy.
=== Second Monetary Policy ===The Second Monetary Policy of Quetico was put into effect on May 22, 2016. Rather quickly it saw the addition of several new businesses. The Stock Exchange reopened the following day, with an apology from Overseer Twain. Additionally, he announced elections for the newly-formed Parliament of The Quetican Islands as well as for a new office of President, to be elected in mid-June 2016.
=== June 2016 Elections ===