Join the new world

Excellently detailed report.

Good to see that that the increased work tax has restored daily taxation income so that it is now just above the January level. As there has been little variation in the best wage offer, It shows how substantial the average wage dependent, and hence commune affected, manager work tax is as a part of government income, and how anything which can encourage more citizens to increase their company portfolio is a bonus for all involved.

With currency trading, I'm surprised that over double the amount of profit was made with a quarter of the investment of last term. If the method used could be repeated with a larger amount it would give us a larger surplus to play with for things like airstrikes, economic stimulus, or strength training programs.

The questions raised about commodity trading were about ensuring local producers already competing with global prices weren't being unnecessarily undercut, and in regards to private citizens being given access to large amounts of government money without providing the senate with their names. These issues would have been quite easy to rectify. There have been private traders filling some of the gaps left by a lack of producers in Q1 housing supply, Q7 weapon supply, and even some raw materials, but these still do experience a shortfall in competitively priced stock at times. There may still be things we can do to at least partially rectify our inherited disadvantage in these areas such as further economic stimulus, and my next point:

I also wonder whether there has been any progress in investigating regions we can rent. Specifically if our closest neighbours, even those considered outside chances, have been contacted regarding our interest in present or future possibilities, or even the idea I floated of a swap deal with eChile regarding deer and cattle regions they currently rent in eNZ, where we could pay them some additional compensation for the inconvenience of moving things around.

Firstly if there is any mistakes, please let me know. TAXSIRA gave me the info as he is stuck using his phone for comms for a few days, So I have tried to expand on it and produce it. I do hope there is no problems with the data in the way it is presented, I know the figures add up however.

Currency trading, I think we just got lucky. There were days where there were good deals and quick trading to be found. It is something that is heavily dependent on outside factors, like any form of trading. The amount being invested can also be a hindrance, as you can be left with a large surplus or you can have to much on sale which forces other MM players to undercut you and freeze you out in the future.

I do strongly believe commodity trading can work hand in hand with local producers. But it is a lot to discuss and these comments section is limited in the amount of info that can be provided.

There has been in roads made in region dealings, which will be discussed in the DoFA end of term report. There are deals to be had, but some deals rely on delicate FA work to keep all people happy. As you can remember for example the region rental deal with eChile put some noses out of joint, if a region swap or similar happened, the FA side needs to be ensured it doesnt put noses out of joint or threaten the security of the nation. Plus one government being happy with a deal can change on CP elections. But a more in-depth detailed report will be handed to the next CP incase they want to follow up any in roads. A brief one will be put into the DoFA article that will come out later.

Sorry to add, with region rents, the other thing is it needs to be worked out if it is profitable with the amount of producers and the amount being paid in rent. Since most deals are based on a fee plus taxes back.

However if the new DoF forecasts another strong basic tax income, maybe money can allotted to test the waters on a region rent budgets, to give a more fact based figures rather then a speculated cost v profit

[removed]

It would certainly be worth testing out for a month or so, although encouraging extra capital investment might take longer.

With Q1 housing, a 60% total bonus, possibly along with a drop in VAT would be the minimum needed for a viable industry, and probably difficult to achieve given the available options, unless we somehow got a good deal on a few non-connected territories.

With Weapons I suspect any additional bonuses would pass the cost-benefit analysis if we can gain them for similar rents to what eChile paid us. The boost to the local industry from both the recent global price spike was a good guide to base some calculations on. A good number of local producers seemed to have little trouble at around $20, which seems to indicate even a consistent bonus of 30% - enough to make $85 wages on a Q7 factory selling at $17 factory marginally profitable, may be enough to lift the market based on people who currently only self-work Q7 factories.

Food may be borderline, depending on the level of additional production. We could well get to the level of hiring employees or attracting export buyers with a 100% bonus.

These are still all reliant on the availability of labour at any price, which is an issue even in larger economies.

I have simple questions:
1. Which organizations have been used for Monetary Trading?
2. Did DoF used government funds for monetary speculation?

* Note that I will provide SS from authoritative source together with explanations after receiving proper answers on the aforementioned questions.

My first guess was right. Do I get a prize? 😃

A private Org was used for the MM trades with private funds incase to help protect against any loses in speculation.

The profit was then transferred into the RBA

Please name the private Org. I will provide SS and if you claim that information is not true then I will ask next CP to ask for query from admins.

The Org was private, the funds used was private.

The owner of the org, prefers it to be left private due to the actions of the US government in stealing/taking money from orgs outside of their control.

This is a wish I tend to respect.

Please produce your screen shot, what ever it might be of

1. Funds are private
2. Org is private
3. The administrator of the Org is anonymous.

Then where is the connection between Australian Government/DoF/T.A.X.S.I.R.A and the profit scored and given to RBA?
This should be taken as private donation rather than profit from Monetary Market.

"The DoF believes it is luckily to have scored a good strong profit this term and hope next term the in-game markets and events help eAustralia profit again."
Can we relay that this mysterious player with his private Org will continue to work for Australian interests in the future?

The initial funds used to speculate was provided by myself. As I have done in the past, rather then gamble with hard earnt tax dollars and I provide the initial sum. Call it insurance. It is something I have done ever since we got robbed the first time and again the second time.

Org used was a private org. There is nothing wrong with using different orgs. I personally consider it a safety net to have different orgs. If our orgs are well known, the amount of money located inside becomes common knowledge. If we face a MTO, the country's money has to be cleared out otherwise it faces theft. To have another org available for use in worst case scenario, is a good thing IMO. As you know, when we faced a hostile MTO in the past, we were lucky to have gotten funds into safety, this safety was members of the public/congress.

The money earmarked/set aside for Australian MM operations, so it comes under MM operations. I personally disagree with risk taking with Australian money, be it low risk or high risk. Hence the use of outside funds as an initial base amount.

Somehow setting 100K can bring you 83K profit but you still believe that there is a risk of losing? What is the new mechanism here - Admins integrated roulette in MM?

It looks I will take no proper answers to my questions and it is visible why. Then I will ask in other way:
If you gave 100K AUD private funds to another anonymous player to operate with them then how are you sure that profit comes from Monetary Market - it might come from Black Market or from multi then you placed a time bomb for the next cabinet. How can be sure that profit came from MM fair trading? Do you have any evidences for that?

There is a risk with any speculation, hence why it is call speculation. There is no limit on how much money you can make or lose in the MM, it all depends on buy and sell prices of gold/cc.

I know it was not used for black market trading, as I also had access to this org and helped with speculation (as some trades were done using low profit but quick trade and others filtered in rather then dumping gold).

There was no Monetary Trading. Even if it any then it should be consider as private profit only since non government funds are used for this purpose, non government Orgs, non government administrator and most likely MoF doesn't know anything about those deals. And you still claim this is government profit?

[removed]

Ok, trading on the market

back here http://www.erepublik.com/en/article/-cp-q-a-session-2587667/1/20 when people were asking and the information was only one person was doing it, now there was two people doing it and we never got an update in congress. Why was that?


If you had access to this org how many others had access?

Obviously this is a person you trust (like a cs pass really) what is not to say the majority of congress or Aus community does not see the same trust in this person? Is this why it is all hidden?


With refusing to hand out information again it is all starting to smell like admins pulling black market money out of our treasury now. Hopefully there was an insurance policy the people playing on the "market" that will force them to still give us money that admin may remove.

If it was all kosher there would be more transparent information given to congress but hey, control could leave people's hands then

From the CP article:
http://www.erepublik.com/en/article/-cp-q-a-session-2587667/1/20
I have questions to Rusty and T.A.X.S.I.R.A based on what was written:
http://prntscr.com/apbdf2


Rusty could you please provide the records for trading as it was promised in your CP update?

T.A.X.S.I.R.A did you make a proper oversight over Monetary Tradings and what can you tell about this case? Please put some light here. You are past MoF and current MoF too and not that only but you were CP candidate and you must provide answers or all that will be taken as example of complete careless and irresponsible behavior.