CPM: Money-market
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by Addy Lawrence
I've been curious about the money market and have made a few forays into it. I've started a little log on how much is at play in the market given that all the tools I've found only refer to prices.
The retarded offers are thrown out.
International Market
Today there were CA$17,411.18 in offers posted which is slightly up from yesterday's total of CA$17,100.80.
These offers sought $5,264.51 gold, also up from yesterday's total of 5,204.47 gold.
The implied rate of gold per CA$1.00 moved from 0.304 to 0.302.
Local market.
Today the offers of gold for CA$ amount to 78.21 gold. The offers are seeking CA$2,768.17 for an implied rate of CA$35.394 per gold.
No data was collected yesterday.
Arbitage
Converting the Local market to International results in a rate of 0.283G per CA$1.00. The gap between the two is 0.019G per CA$1.00
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You work for Goldman Sachs?
Interesting ~
Tx!
my favorite money market offer was three days when some idiot up GRD at .01 g, just as I was buying greek. Bought 3 g worth of GRD for 1 g.
Nice job Addy. Any chance you can write conclusions in layman's terms, perhaps you'd reach a higher audience among those who aren't quite so economically savvy. 🙂
ummm...
how would you fix hyperinflation in this game?
I don't think there is hyperinflation, maybe hyper-cyclical-fluctuation-flation, but not strictly hyper. Prices do not appear to be sustained at high levels, not that I've seen but I have not poked around much outside the CA$. Until eRepublik provides a credit system AND a robust way to improve quality of life, I don't see inflation having any permanent effects.