The economy is suffering from a serius deflation in previous weeks, an I thought I'd make an article about it :
Well, I'd been writing an ec0nomic report a few weeks ago, but because of pussing back the date as well as bad internet problems, it was never finished, here is a bit of the article I wrote :
JJ's old article that became somewhat irelivent now...
The Economy has been a rising issue of this contry for months now, and I though I'd write an article about the current state of the economy.
I'll break these sections down into easier to follow sections :
[a url=http://www.erepublik.com/market.html]Food[/a] : The food market has leveled off at a minum of $0.72 for food prices. It's nearly imposible to keep a food company alive if food where to go an lower, and such, with the starting salery being $2, $1 if the company owner is willing to deal with there consaince after they hire a person for less then the (real) living salery. Now, these food prices are winning for the consumer, but still, higher q food is in fact better for new players to raise there wellness to 100% in only a few weeks if less. Mabey next week I'll write a few tips for not only surviving this economy but thriving in this economy.
[a url=http://www.erepublik.com/market-gifts-0-0-0-.html]Gifts[/a] : Gift prices have remained staeady though the weeks, hittingthere minum for selling and making any profit what so ever at $1.35. It makes almost no sence to bother with most other q levels right now, there just isn't much competing with such lower gift prices. However, some Q2s and Q3 have been doing rather well with competing, some going as low as $2.40 for Q2s and around $3 for some Q3s. Anyway, there mostly for newbies, as I have said before, with some being used by CEOs to keep there employees at 100% wellness.
[a url=http://www.erepublik.com/market-moving-0-0-0-.html]Travel[/a] : The travel industry, oh what a small industry compared to most others. The fact of the matter is, war keeps this buisness alive, accully, though, it has been known for sales to go up around mayor election time.
As you can see, food prices are way down, hitting $.19 for Q1 food last week, it's not the ideal situation. With these food prices like this, it will lead to a major deflation in all products, and even deflate our currency as the cycle moves on, devestating our economic state.
With this, we need to find the cause, and that would only a growth of the food sector. It's simply a buisness cycle, and when Capitalsim kills off some of the weaker un-competive buisness, the food prices as well as the labor prices will rise. The economic state is also at risk from other economies, mostly with cheap labor that we could never possible match. The solution? V1.
V1 will solve many economic problems of ours, a higher cost of products due to raw materials, as well as other features. They are creating a minimum wage in V1, probly set at around 2-3 USD, I would hope. This is what I'v been pushing for for weeks now, and I think it will greatly help the economy. Again, this is only my opinion on the economic state, I will allow anyone to interprit the economic state in there own way, this is just my thought on the economy. With that, this has been Weeks 2-6 with JJ.
This is JJJJJJJJ signing off for this week.
JJJJJJJJ of USA, Press Director of JJ Times
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