Ideas on Interest Loans

Day 2,632, 18:32 • Published in USA USA • by Tom Cauchon

Ideas on Interest Loans

I'm sure someone had proposed this idea before, but please humor me for a short moment.

I just upgraded my Climbing Center to Q3 yesterday with Plato’s “generous” upgrade sale, and I found myself staring at the small number 35 written in my gold column. I quickly clicked back to my training grounds, hoping to see a number smaller than the 55 gold required to upgrade my training grounds to Q4. I, of course, was sadly confronted with the idea that I somehow needed to get together 20 gold before the sale ended.

I had seen several members of my MU post on the shout wall asking for small donations of 5, 6 or 7 gold to upgrade their training centers with a genuine offer of paying back the gold immediately via the increased opportunity for SS medals. In my heart, I felt that 20 gold was too much to ask other members of my MU to donate to me. (That’s ok though, I’m in this game for the long run). I decided I would simply gather more gold and save up for the next sale.

But what if there were ways that lower level players could take out massive loans from upper-level players in an attempt to upgrade all or most of their training grounds during sales? Let’s examine a mid-level D1 player like myself, with mediocre strength and perhaps too many experience points. (I’ve only recently learned the ways of Erepublik strength training with the help of SHIELD).

Currently I have:
Training Grounds (Weights Room): Q4
Climbing Center: Q3
Shooting Range: Q1
Special Forces Center: Q1

At this very moment during the sale it would require exactly 242 gold for me to finish upgrading all of my training centers. 242 gold is about the equivalent of 48.4 SS medals, so 49 medals if we round up.

Given the fact that after someone gave me 242 gold I would be getting 90 (+1/day, +5 every 5 days) strength a day, it would take me approximately me approximately 132 days to obtain enough gold to pay back the loan. I’ll subtract 6 days given that I would use important DoI programs like Stack the Wall and BU2SU.

Ok, so we’re sitting with this number of 126 days to pay back a 242 gold loan, about 4 months of time.

But, I digress, because why would any high-ranking player do this? The risk is far too high to commit such vast sums of gold to a low-level player that has a 95% chance of quitting the game within 30 days or pulling an RGR and simply never paying back the gold.

Therefore, if there was a way to stack on an interest rate (for instance, lets say a flat rate of 5😵 the high level players could gain gold through interest while increasing the strength of US citizens, a double investment in both an individual and the country.

But, once again, there is no way to enforce a person to pay back a loan in an eWorld. This seemed like a great idea until I thought more thoroughly about this.

If only Plato would stop his mad greed for credit card numbers maybe, just maybe, he would add a feature of this game that would allow players to take interest loans out from one another with a risk of suspension or banning if the loan is not paid back in a certain amount of time.

If America adopted a policy like this perhaps we would have many more high strength, low XP citizens. But then again, perhaps we would be full of greedy hoarders.

I think it’s an interesting idea, but not yet practical.

Thanks for the read,
TC

***I am not writing this article to ask for gold! Don’t think that! I am just writing down my thoughts and musings.***