Dare to take a chance!
•
by Alias Vision
Work.
Train.
Shout.
Or more recently work, work, work, work, etc.
Something happens?
Complain about it, write about it, plagiarize someone else complaint.
But don't do anything about it.
Especially do not dare to be different, do not dare to take a chance.
We all know the troubles the New World economy is in. Almost all of us universally understand there is nothing we can do about it if the Hand of God descends once more and makes further changes.
We can even acknowledge that there might be nothing we can do about it period.
But why not try?
Addy Lawrence just published a proposal, based on Octavian's bond program (which he never fully explained), that is simple, easy to understand and... just might work.
To the best of our knowledge it would be a first in the New World.
What it would achieve for sure is remove a large amount of CAD from circulation.
What it might do in theory is raise the value of the CAD. Perhaps overnight, perhaps over a few days.
I don't need to be a guru to understand that in a New World were every single currency is going down, if mine is going up, I will be a winner.
Don't be afraid of a plan because it creates a precedent, look at it as an opportunity.
We are only given very limited tools, in the case of money just one. The tools we create for ourselves may or may not work but we won't know unless we take a chance. Look at the success of Victory Bonds...
Canada needs to be bold because being like everyone else will leave us in exactly the same place we are now... the middle.
Finally Canada... after losing thousands of gold to repeated offenders... what is $7,500 (the cost proposed by Addy) CAD/month?
Let's show a little courage and trust in our ingenuity.
Facebook
Twitter
Discord
Comments
Economic changes won't save eCanada
It may also have an exponential effect, as people see the CAD value rising, they will themselves sell their gold and purchase CAD to reap the benefits of the investment as the dollar recovers
Outside the box thinking for sure
Like I said before I am all for this change!
Dam straight.
Our CP and MoFs are too soft to take even moderate risks in an ONLINE GAME. FFS you won't "lose everything you have" if it goes wrong...
Alias, much MOO!!!
Rolo, the interest rate could be lowered in response to that action OR more mortgages could be made.
Do it, do it, do it!
You don't win a race on an unspecified course by following the guy in front of you.
Addy,
The exponential effect I am speaking of would be a positive benefit and work along side side your mortgage plan. While your plan takes 150,000 CAD out of circulation, investment speculators would also be buying CAD and letting it sit in their accounts as investment, taking more CAD out of the market and further amplifying your results
Since most investors have different expectations regarding Return on Investment, their personal reconversion from CAD to GOLD would generally be staggered and not have a "bank run" affect on the market
150,000 IMO is a drop in the bucket from a long term standpoint, however combined with Monetary Market investors, it would have enough of an effect to get the ball rolling in the direction you are seeking
This title needed some ABBA to go with it.
Or, you fgts could just buy gold.
Methinks Tem likes the US Forum
As Rolo mentioned, I have been buying up CAD at the current rate because even if I made 0.01 Gold return with no fee for an exchange it is profit. Also, with the way the admins change this game, I am not rushing to put all my gold into companies yet.