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Flooding the market
We note that our government has place 5000 ZAR on the market. This is a huge portion of the ZAR that are available and could drastically affect the value of our currency.
What is the reason behind this move? What are they trying to accomplish? Did they even think this threw?
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I think it\'s an attempt to curb deflation. I\'m not sure how effective it\'ll be, we\'ll have to wait for Vellos to give his verdict (because that\'s the only one I trust).
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To increase deflation. I don\'t know how effective it will be either. It could do something, though, since the government was ineffective at raising prices then the only other option is to devalue the currency. We\'ll see if it works...
Yes, its an attempt at inflation. It certainly might work; I expect it will indeed precipitate inflation on the exchange market, which may help some of our exporters.
As long as the CPI doesn\'t rise, we should be okay. But its questionable whether or not the CPI will stay low, ESPECIALLY since the Ministry of the Economy wants to fix prices for various products higher than they currently are in order to create larger profit margins for those companies.
Well inflated currency could really mess that whole plan up. Prices will be higher but purchasing power and real wages will likely stay flat.
What are the risks of even more of our currency being in the hands of a foreign nation?
To get more gold.. Many foreign player like to play on eSA monetary market.. xD
Don\'t worry, we want to cut deflation and a little explanation, I myself as a minister didn\'t have the intention to fix prices but GMs themselves contacted me about that and it isn\'t for raising profit, it\'s for keeping the companies alive
Tomislav ,
You always from first of your governing told us don\'t worry ...
but your government steal , country\'s treasury.
your government told lies to citizens.
your friends from other countries came here on election days just for voting & after voting they left country !
& many other things that we all know them & you too !
No you want us to not worry? rofl ...You are kidding?
who trusts to liar people?
I know after this sentences again you will come here & will write , Oh we do not ...but who cares your sentences? NO ONE CARES ABOUT LIAR & CHEATER People !
compmage says :
What are the risks of even more of our currency being in the hands of a foreign nation?
Let me tell you what happens !
All of you look at market prices . For example moving tickets !!!!
about 7 days ago or less , Q1 ticket was 19~20 Zar ...but now? it\'s about 30 Zar...
WHY? a newbie citizen who just get about 2 Zar p/d , how can buy a ticket with this price?
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This was just one of risks which you asked !
what have we lied about? what have we stolen? did you eve ask us did foreigners come to help us? no, you accused us of multies... we wanted to buy a hospital and your boss takes the money for it and now we\'re thiefs? when I had started playing the game, I started in Hungary and I couldn\'t afford moving ticket after 20 days of working and not working on a minimum wage, the past prices were too low for companies to survive, GMs themselves changed it
it\'s obvious that Esteban\'s propaganda has poisoned you
tell me, has your quality of life worsened since we took the wheel?
http://www.erepublik.com/article-671191.html
There is explained that at least 80 gold, 2000 ZAR, and thousands of foreign currency is missing from our treasury. And because you converted ZAR, and other currencies to gold at a low price in attempt to mask your stealing of gold from the treasury, the country is missing A LOT of money. Not even a little, it\'s so blatant, it\'s almost humor.
Their attempt at withdrawing attention from their thieving hands, and thus blaming ME, who kept 6000 ZAR from them to steal even further was an attempt to cover up themselves and place blame on South Africa once again. Once again alienating themselves further and further into a black hole.
hello master thief, did they treat you nicely in your cell? I hope you weren\'t raped and I hope your bed was nice and well made