Join the new world

Already have an account? Login



What is this?

You are reading an article written by a citizen of eRepublik, an immersive multiplayer strategy game based on real life countries. Create your own character and help your country achieve its glory while establishing yourself as a war hero, renowned publisher or finance guru.

New Treasury Team and currency stabilisation

Day 723, 14:29 • Published in United Kingdom

• by Bank of England

Announcing the Treasury team for this term

Permanent Secretaries to The Treasury

Craig Rossiter
Bombadier Beetle (as Director of the Reserve Bank)

Under Secretary to The Treasury
jamesw

Treasury Analyst
Damian Jacob Tamir Jager

OK well as you may have seen, I've given enough time to repeated small offers of GBP onto the market to try to cool the speculators, each time they just keep buying it off the market. 1000 posted, 1000 bought.

Quite a depressing cycle, but it does mean they've tied themselves to GBP rather than GOLD. I've just posed them a collective question. If they want to play against me, they now need to come up with over a 1000 GOLD, as I've placed two very large offerings on the market. I want that benchmark maintained. When it was there, even if only for a week or so, we did notice some good effects to the economy.

Anyone with spare GBP is encouraged to place it on the market at the official benchmark rate of 0.03