[Opinion] Government of Ireland should form a state corporation for exchange money

Day 260, 04:20 Published in Ireland India by Mimihitam

I see the president's theory at http://www.erepublik.com/article-475962.html. I think the theory is good, but the implementation is less. The problem is that small country like Ireland's monex rate is not stable. To support this, there should be guarantee for money exchange, so there should be state corporation that active in foreign exchange market. So, foreign trader and consument can exchange their money with stable rate. The solution is monex should be organized by one state corporation with stable exchange rate. In Indonesia, it's called eRepublik Indonesia Bank (BEI http://www.erepublik.com/profile-7022.html). So, every entrepreneur will exchange their money in the state-owned corporation. So their entrepreneur is guaranteed, and the country is rich.