Digest - August 15th
Day 269, 10:04
•
Published in USA 
•
by
•
by Archibald
Military Kudos
Our military is quickly approaching the goal of 300 enlisted soldiers. BuzzyTheCat has done a great job as Director of the NSC. As our military grows, the more potential for leadership positions develop within the military. Roby_Petric has shown great ability heading up the National Guard division. Pearlswine has developed a wartime medic program that will efficiently support our soldiers. I don't anticipate any wars for the time being, but I am very excited to see what our revamped military is capable of.
Citizen Expansion Program
Because there are no obvious holes in our Q1 markets, the UEO has now gone back to spreading out new employees to all industries. Took Lowind is doing a great job finding the best salaries available to new citizens and getting them off to a good start.
Treasury
I have been working to absorb some of the recent invite Gold into our national treasury. Going forward I will be working to increase our exchange rate some, but this will be costly in terms of USD. The reason for doing this is to provide our companies with a competitive advantage when competing against imports and trying to export.
Our military is quickly approaching the goal of 300 enlisted soldiers. BuzzyTheCat has done a great job as Director of the NSC. As our military grows, the more potential for leadership positions develop within the military. Roby_Petric has shown great ability heading up the National Guard division. Pearlswine has developed a wartime medic program that will efficiently support our soldiers. I don't anticipate any wars for the time being, but I am very excited to see what our revamped military is capable of.
Citizen Expansion Program
Because there are no obvious holes in our Q1 markets, the UEO has now gone back to spreading out new employees to all industries. Took Lowind is doing a great job finding the best salaries available to new citizens and getting them off to a good start.
Treasury
I have been working to absorb some of the recent invite Gold into our national treasury. Going forward I will be working to increase our exchange rate some, but this will be costly in terms of USD. The reason for doing this is to provide our companies with a competitive advantage when competing against imports and trying to export.
Facebook
Twitter
Discord
Comments
GO POWER RANGERS SWEDEN!!!
Mr President. Don\'t sacrifice the dollar for short term gains. Inflation will crush us. A Strong Dollar Policy will keep this country strong. A weak dollar isn\'t good for anybody.
actually Alby. A relatively weak dollar is key to keeping our economy strong and free from foreign competition. With our dollar around 1GOLD=60USD we can afford our domestic goods at a good price for all of us, but foreign companies will be unable to profit by exporting to us. With a low valued currency we are able to export our goods better to the rest of the world.
If our currency was to be raised in value excessively. We would run the risk of being overgrown with foreign competition and exporters could easily make a profit even if we maxed the import tax in all areas.
Justinious: You are correct in your remarks. But they are short term solutions with long term ramifications. If a worker who earned $1000/USD has his/her money stockpiled, the increase in the money supply will devalue that\'s person\'s wealth. It might be good in terms of international trade, but the US workers who are working for those companies will be screwed when the prices for everything rises.. That is why these polices are short term gains with a long term destructive nature. The Government should not devalue the currency through new currency creation no matter how good the intentions are. They will hurt everybody in the end.
^ Agree, I think. I have trouble arguing economics, but that\'s sort of what I wanted to say to Archibald. I recognized it as a short term solution, but failed to explain how it would affect Employees...
In the USA (and seemingly in every country), GMs don\'t adapt their Salary scales in any reasonable amount of time. It can be months before the Employees start getting the same pay relative to the currency\'s value. Yet it\'s often just a few days for prices to adapt.