Save eWorld economy vol.3
Hanibal LA
Dear eRepublikans,
In the 2 previous articles with this thematic: Save eWorld economy vol1 and Save eWorld economy vol.2, I explained what we as individuals and community can do about economic crise and how administrators can solve this economic disaster.
In the last few days it was published many articles on this topic, so admins are probably alarmed and decided to take some action. Admins do that introducing new medal (TRUE PATRIOT) but that is short-term and unimportant because Gold earned from these medals will be returned to the admins trough upgrades of the Training centers (mostly).
Also, we can easily get the first 5-10 medals. But what next? Admin gave, admins took back. This will strengthen the currency, but only in short term, or won't, as we can see on the Monetary Market.
In this article I will explain how the Countries can strengthen the currency.
First, all Countries must to agree with this, one or two will do nothing. And if they try, the bot will simply insert the new amount of cc on the Country Monetary Market and make even larger crise.
This is the plain: RAISING OF TAXES IN ALL COUNTRIES ON MAXIMUM?!
This will lead to an outflow of currency to the national accounts and automatically to reduction of cash in circulation, leading to greater demand on the market.
Also, this will lead to price increases in markets for half, but half the money goes to the state Organisations so we come to the same, everything will be more expensive but we will have stronger currencies. When the currency returns to normal limits, taxes are also returning to normal.
We can repeat this action as much as we want, every time when problems on Monetary Market shows up.
After that is done, Countries should not use this money and return it into circulation.
The main problem with this system is that the majority of players will not be able to afford even a daily consumption. However, the state could supply players from the money collected from taxes and trough this way to close this circle.
I was short, but clear enough I think, suggestions and criticisms leave in a comments.
This article is translated on chinese too. Pls vote it !!!
All credits goues to bojler989 for making this text. Give s sub on his Newspapers too pls.
For shout:
Save eWorld economy vol.3
http://www.erepublik.com/en/article/2022658/1/20
Comments
Први o/
Шта је то економија?
ecomony is past time now 😃
V + S my friend
V
vote + sub
nice work man
Pareto Optima aren't Nash Equilibria.
and
Black market exists
Meaning: Individual countries have incentives to deviate when everyone else sticks to the plan, thus obtaining an advantage over other countries. Thus it cannot be supported.
And black market is obvious. Would you use black market transactions when you can save 1/5 the cost? Absolutely.
Not to mention bot always pays the same amount of currency per item it deletes from existence, regardless of the VAT. The tax revenues of the government would be increased, not decreased by max VAT. And you can bet that all of it that can be donated will actually be spent.
i know Kemal...u r right 100%....my job is just to give some solutions...i know this will work in some perfect world, and eRep isnt that world....and its a faaaaaaaaaaaaar away from it
Eto i vote i sub ; )
ty 😉
Government gets a large part of income from bot paying taxes.
where is sub for me ?? 😃 that is my article 😃
http://www.erepublik.com/en/newspaper/kost-u-grlu-247997/1
v
v+s
thanks
voted
voted
i take it this is a symbolic plan, as it couldnt actually work, but the point is to underline the problems we have
"This will lead to an outflow of currency to the national accounts and automatically to reduction of cash in circulation, leading to greater demand on the market."
How will less cash result in greater demand?! A reduction in cash leads to a reduction in spending, not greater demand...
Less money on the market makes even lower prices man...
wow voted before reading dam it Ș(( were is the unvote button? Seriously this is a bad plan It is hilarious
""First, all Countries must to agree with this, " - hahahahhaa
"This is the plain: RAISING OF TAXES IN ALL COUNTRIES ON MAXIMUM?!" - FACEPALM, No new players => game death
You'r article is exactly like the many others "Let's stop buying gold" a waste of reading time, at least put some boobs in it so we don't feal like have lost time or something
this won't help anyone...
RsAD ok thats is ur opinion
JB ans Fast Crah.....with less cash on market price of Gold will be lower......less cash will lead to higher raw price too...and raw price directing all other prices.
and i repeat. this is just suggestion....maybe this would work in some repferc world...
BJ abd Fast Crash read my previous articles too..u will see what i mean !!!
voted
v+s o/
it's all lost
First milestone was global monetary market which ruined value of currency. Second milestone was investment in q4raw that led to hyperproduction & thus further lowering of income by huge drop in raw prices. Taxes regulation ain't gonna work.
Solution 1: bring back currencies (never gonna happen)
Solution 2: produce just what you need for your own factories, dissolve unneeded q4raw, then spend money on tanks & food for a while to increase need for production by others.
Solution 3: quit game.
Solution 3 is best for all of us. bu cant do it. im a junkie 🙁
dobio si subb i vote
Alby would not agree!
Another solution to beat Plato's bot and fake currency is creating multiple accounts.
If we all create 1000 multiple accounts and sell 15000 Golds on the market for 1250-1500cc, then we will have more valuable currency for a few days. But we should not use this money and return it into circulation. xD
Voted for the dream.
"this will lead to price increases in markets" , if you think there is some sort of crisis going because prices are dropping... Prices dropping is perfectly explainable due to the fact that USA has 100% production bonus!!! No crisis no nothing. Look at other countries which dont have 100% bonus, prices there are still the same. Cheaper production (you make twice the products at same cost) with same demand = dropping prices. Your solution is not realistic. Get people to stop production?
Why would anyone want to stop producing stuff and sell it on the market? Just so you can make a bit more profit on each tank you sell? These are not solutions to anything because it will simply never happen.
It's soon too late to save what's left. The game really needs a change.
Hanibal. I've read your previous articles and to be fair found them much more reasonable than this one. I agree that higher taxes (and therefore a reduced availability of cash) WILL lead to a lower price for gold. However, in no way does that mean that prices in the raws market will go down. People will have LESS cash to spend and will therefore buy LESS products. People buying less means even larger surpluses and hence even more vicious undercutting to try and sell your own excess production.
tl;dr - I completely disagree with your proposed plan. Despite the fact that it will bring gold prices down, the product market will crash to the minimum price.
p.s. one last thought - less and less sales (due to people's depleted cash funds) means less and less tax revenue for the country, too.
u also forgeting fact that County will buy a loy from collected money....
"The main problem with this system is that the majority of players will not be able to afford even a daily consumption. However, the state could supply players from the money collected from taxes and trough this way to close this circle."
after all...i just proposing some solutions. i never said this will be done, or this is best solution. i must write every posible solutions, and who knows, maybe admins learn something from this things, and use some from it....
Don't get me wrong, I'm not trying to challenge your ideas for the sake of spiting you. I'm just pointing out something that I think is a fundamental flow with the plan. I'm quite happy to see educated ideas about what can be done to fix the economy but unfortunately I don't think this current proposition will achieve it. Just replacing individual demand with country-scale demand wouldn't help much either, I think.
Anyway, keep at it, host discussions and we might just come up with something.
new players get 2 much CC
in old MM you can fix MM with bots
make new bot
play to lvl 15
send all gold for CC
then you make new bot and do all again
now is just 2 much CC and MM is global
Omg WTF he answered me.
Obviously less cash makes its value increase compared to gold.
But have you ever heard of inflation ? What does it do ? Increases the prices ! And that works in the other way. If I have less cash, I can buy less things, the demand goes lower, prices go down even more.
JB Battlemaster Anyway, keep at it, host discussions and we might just come up with something.
thats main point of this 😉 ty anyway for discusing this
I guess everywhere you go the economy is messed up.
Article about nothing.
Wail of speaking bot(frag for rompers).
Any real, what can players--stop the wars, only this cuts gold buying.
LOL.
"Shock77 Day 1,622, 15:55
I guess everywhere you go the economy is messed up."
+10000000000
Rewards with no BS or cheap tricks !
How do I know, because I'm the one behind this ! 😃
http://www.erepublik.com/en/article/rewards-r-us--2022895/1/20