Is the eWorld economy saved ?!

Day 1,742, 15:04 Published in USA Serbia by Hanibal LA


Day 1742

Dear eRepublikans,

We all have witnessed great changes in eRepublik these weeks, both in the military and economic modules, which is perhaps the most important thing in the last few months, maybe a whole year.

We all waited to see on which way the administration will fix what they broke with the introduction of manager work and the bot. We all probably expected an huge and instant change, perhaps a completely new and different module but no one suspected that they will do all job with a few small changes.

Just to be clear, the economic module is still far, very far from perfect, but statistics and facts show that we have progress, which is very important. A large number of players was disappointed in the economy, which was the pillar of this game. At one point the economy has turned into a simple clicking, and now you come back to a situation where with good chunk of the market, you can make some money.

I don’t know if you remember my 4 articles about economy, the series "save eWorld economy", you will see that the admins fix almost everything we asked from them. Maybe you will not notice all these things at first, but let's summarize.



First and most important thing was everyone’s biggest problem - the strengthening of GOLD. GOLD is a universal currency in eRepublik and if we have a bad quoting of GOLD on market, we will have a problem with the whole market. I remember that gold is weakened to the point, that you could buy 1 GOLD for almost 4000 cc. This should not even be so bad that every player on his account didn’t make a large number of raw companies. At some moments you could build raw company for only 2-3 GOLD. Many raw companies mean a large amount of raw materials on market, and at that time we had a low demand and high productivity of raw materials, and I don’t need to mention that the prices of raw materials have been miserable.

Paradox is that it was very cheap to build a company, but after that, the company was…useless. Also, we had situations in certain moments, that the owning raw company meant good profits, but those were rare moments. In most cases, these raw companies represented a useless property.

However, the rise of price of GOLD completely shaked the eWorld economy, and we needed solution desperately.

Many players have pointed to the problem and solutions. We spoke a lot about this issue. The most important thing needed to be done is to eliminate the large amount of currency and raw materials from the market. Those were the two biggest polluters of the economy and various ways of their elimination are discussed. All of this can be found in previous articles, no need to repeat all that again.



Step 1. Today, if you look closely, the introduction of rockets caused the increase in the consumption of final products, and that mean increased consumption of raw materials too. Also, in the meantime, a large number of players dissolved their raw companies, while many stopped working in them. That means lower production of raw materials + more consumption = elimination of excess raw materials from the market.

Step 2. Another way to eliminate excess of raw material is the introduction of Q7 products. In order to produce a single Q7 product you need to spend 200 units of raw material. Taht means a huge consumption and removal of raw materials from the market.

Step 3. New war module. Pumping large amount of GOLD trough medals and achievements.

Step 4. Airstrike, the latest thing in erepubik - also ,one of the ways to eliminate the raw materials from the market, but only food raw materials (FRM). Huge amounts of food needed for every Airstrike, quite nicely solve the problem of excess of FRM.
These are just some examples how the admins tried to solve economy issue, and who knows, maybe time will show that they are really solved problem with all raw materials, which were huge pain in the ass of all of us.



One more thing. At this moment, we have situation that 1 FRM unit costs 0.04 cc, and WRM unit costs 0.22 cc.
Some rumors saying that admins will make balance between these two options with introduction of energy bars companies. We have higher demand of WRM then FRM, and this should be great solution I think.



Another problem was a huge amount of currency on the market and we tried to find ways to get rid of the excess. Some of the ways are mentioned above.

Airstrike, one good way to eliminate currency, So the money is not coming back into circulation, but permanently disappears, which is very good.



As we can see, and we have already said, it is all about GOLD. When gold is strong, then the whole economy is weak.

Last few days I've noticed a stronger exchange rate of GOLD, and we can see that with every day GOLD becomes weaker and weaker, and that's very good.

What you can do to help the economy and yourself, but probably you all did this already, is to remove 0,001 offers (if you ahve some 🙂 and to set new one, the 0,002 offers. In this way, you are going to get double amount of GOLD for same amount of currency.

Also, in this way we will prevent the re-emergence of a large number of companies and flooding of market with excess of raw materials and currency.



We have the opportunity to save eRepublik, so don’t let this chance. Of course, everything depends on Plato and his mercy, but if we try hard to do things well, I don’t believe that the Transylvanian Greek will let us to repeat the same mistake like few months ago.



At the end of this story, im just asking you, what you think ?!

IS THE eWORLD ECONOMY SAVED, OR IT'S STILL TOO EARLY TO TALK ABOUT THAT?!



For shout:

Is the eWorld economy saved ?!
http://www.erepublik.com/en/article/2110366/1/20



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