[Statistics] Why USA, Brazil and China will continue to makes us rich
Day 1,574, 04:46
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Published in Sweden 
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by
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by Toothpaste
Some people in Sweden say that the world market will balance it self out in near future. They say everything will cost the same no matter what country you go to. I don't think that's true. I mean, it can happen – but its not as likely as they say it is, in my opinion.
Article by Toothpaste
In my opinion, the countries with big production bonus' will be the one supplying the world – and Plato. It will be as it is happening on the American market for example (see the stats below), since the update: Plato isn't buying their goods - the people of the world are. And we wont buy American products if they are to expensive, meaning: cost more than Platos recommended price where he is active (like in our home country). So the Americans lower their price just as much as they have to, to make us buy their stuff. It happens every hour on the day. Its like a stock market! (I LOVE IT!)
I have seen the high producing countries lowering their prices every day. It happens in USA, China, Brazil, even Serbia. And I think that it will continue like that, especially since more and more people will migrate to the bonus-rich countries. I mean, there is really no point in staying in a low production country. At all. Economically speaking. But more on that in another article...
And when people move to America with their 100% production bonus, they don't have to buy an export license to sell their production on the USA market if they don't want to. They can export everything back to their home countries (like Sweden) - but they will become part of the American work force, making the production profitable for the Americans that will hire them.
Image: World economics explained in style.
Production and amount of goods on the market should rise, but there will always be low amount of goods on their market compared to their population. Therefore, Plato (the bot) wont buy their goods at recommended price. Plato is not need – players are selling their goods. This will result that the players are actually setting the price after the demand on the American market, with out Platos involvement. Meaning that the world player will continue to buy cheap American goods and export them to their home countries. Traders with lots of export licenses will do that too.
In the small population countries there will be to much goods on the market, resulting in Plato buying at highest price and as much as he can to make the general player continue to make some money so he keeps on playing. At the end, everybody will be happy. Americans will make cash, players from small countries will make cash. Toothpastes status will rise to a god. Admin will keep players playing.
Thats all for now.
Enjoy the stats below. And recognize my photoshop-skills from above. And remember that this are just my thoughts - or maybe wishful thinking - but its based on what numbers are telling me.
Btw, you see that gap between the fat red line and the blue one? That's my profit since the update. Cha-ching!
Regards,
Toothpaste
FBS Rep in the Congress
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[Statistics] Why USA, Brazil and China will continue to makes us rich
http://www.erepublik.com/en/article/-1985497/1/20
I loved your annotations on the diagram 😛
Voted now to be read later.
voted
But how do you make a profit, since for example the price for a Q6 weapon in USA is around 40 SEK, and you sell it here for 48 SEK minus VAT = ~38 SEK?
@invalidation
Thanks. I'm proud of my skill hehe
@nikosextra
Sweden isnt there yet to be able to sell goods at max recommended price to Plato. But we are on a good way. I do on the other hand have export licenses to countries that have Plato buying at max recommended price at their market. And I'm exporting everything to those countries. Thats how I make profit at the moment. In 3 days or so, I should be able to sell everything to Plato here in Sweden as well :^)
Plato ignores import tax, so non-Swedish players can sell to Plato at inflated prices on the Swedish market, paying us lots of tax.
Toothpaste, what Invalidation meant was:
"Stats delivered by Flashback Sweden Economic dpt" and
"Daily marketplace and monetary stats on our forum. Not a member yet? Click here"
Aside from the commercial aspect of your report, it's nice to see more economy articles in media. I also agree with your assumption about the international prices on non-Plato markets. Sweden is in a very fortunate position, unlike countries with high population and low production bonuses. Countries like Poland and Serbia are currently the biggest losers from the recent CC changes.
Another benefit from our point of view is that 10/10 countries like US, China and Brazil will evolve around the production bonus and IF they should lose it (from admin changes or through wars) it will hurt their "community structure" a lot. High revenues tends to result in increased costs. Sweden, however, will depend on Plato and (to some extent) cross trade. Our weakness lies in Plato being there or not. You never know what admins will do next, but it's a calculated risk to assume that Plato will be here for a long time yet. Our focus has to be to make the most of it while it's here. Your articles will hopefully aid the process of educating our new players about the economy module. And, of course, where to find the FBS forum... hehe.
Voted!
Small countries is experiencing an gigantic increase in tax income. Norway has increased its daily income by 20x
@daniecox
Exactly. And if Sweden can keep Plato at max rec. price, people from around the world should start to consider to buy an export license to Sweden. We are a small country, but strong - we wont get wiped that easy compared to other countries.
@Valnad
We cannot know what admins does in the future, so we have to play with what ever he gives us. We can either adapt or quit. I personally think adapting is more fun, and if kills Plato, we will manage somehow. But I personally cannot see todays erepublik without Plato. Admin have to make huge changes if he wants Plato gone.
@fredrikz
You went from 100 NOK to 50000? xD
To buy from the american market, do you need to be a US citizen or is it enough to be located in their country?
Also, to sell goods to small countries, I understand you need export licenses. How does one get those?
@Gustav Horn
Good questions!
You do not need a citizenship or their currency. To buy from a foreign market, just move to that country and then open up the marketplace. Now their marketplace is available for you. You use your own currency to buy on a foreign market.
Export license cost 20 gold and can be bought from your inventory under "my places". Or just push "Shift + S". Under the flags where you sell you stuff, there is a small link, called "buy license" or something similar. For me it says "Get free license", but thats a long story. Image here: http://img31.imageshack.us/img31/6364/licensez.png
Thanks Toothpaste.
Im not convinced a 20g investment would pay off enough to be worth it for me. For those of you who bought licenses a long time ago, I understand you would want to use this opportunity though.
this is worth a vote