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by New Ireland Bank
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Comments
I said eIreland can do it better, I said eIreland can progress, and me make it, we succeed!
GREAT JOB by Sweet Drinker, you're really best MoF..
Now, let's keep it up!
Keep up the good work, voted.
Good job!
good job sweet
good job
Voted for Transparency
Voted, awesome job, keep it up!
Good job. From what I could tell reading through bleeding eyes.
Derbrad, the Bank does not accept votes for transparency,
your vote was for ossumness and you know it!
lol - transparency and ossumness it is so!
Very encouraging stuff!
You really gotta stop keeping weapons prices artificially inflated...it is hurting our country.
You aready have a stock "worth" 36.000 that you will never be able to sell at the market at this price, plus 110.000 that you "invested". This is essentially lost money, and the increae in revenue does not compensate this.
On top you are creating huge inflationary pressure with this operatio...the IEP is at 1600 today.
we are lucky to have you close to us sweet
Starka😛
Q5 & Q6 weapon prices are the same as they were at 1% VAT
The only problem with the 36k worth of stock is that it sells so fast I must replace it atleast twice a day
The invested money gives us much needed access to gold
If I'm responsible for the MM inflation in IEP, then I'm far more powerful than anyone could have guesse😛
GBP=1420
ITL=1440
JPY=1480
oh and I've also pushed BRL from 002 down to 001.
Tremble in terror at the might of Ireland's Finance Ministry! We control the fate all the world's cash!
lmao
Truth is global factors are pushing down most currency values
I can't find merit in any of your points
Good Job Sweets, you're at least one of the top 2 MoF of all time 😉
Thats the problem sweet,
weapons prices shouldnt be the same as before....as there is global deflation, they should be decreasing in price, just like everything else is.
You are not making money with this, you are losing money.
You know well enough that there is no such thing as a free lunch.
You havent caused inflation in other part of the world. But in the last 20 days the IEP lost around 30% of its value, and that is because of the weapons buying operations.
You know....I am not complaining. I am earning a fortune importing weapons from abroad and selling them to eIreland.
But naturally my profit is your loss.
Ofc there are free lunches, this is a game.
We're rolling double sixes, hitting Community Chest, pass Go, collect $200!!
ok, your call.
Starkad has never actually done any work of note in a Ministry.
Sweet on the other hand is the reason we have a large stack of MPPs consistently for the past number of months, working everyday for no personal gain.
Imma go with Sweets on this one.
"Starkad has never actually done any work of note in a Ministry."
Ibhoy, are you actually holding any governmental position at the moment?
Ah what the heck, I am not even gonna get involved in the mudslinging.
If you wanna base your decisions on who you like more, its your call....but the facts speak for themselves.
Ireland is giving a price guarantee for Q6 weapons of 62 IEP, which is 49,6 IEP after tax.
Q6 weapons in China are worth 18 CNY at an exchange rate of 1g=614CNY.
This essentially pegs the money market rate for IEP at 1700 IEP. 20 days ago, when the program started IEP was worth 1200. That means within 20 days the government managed to devalue our currency by roughly 30%. As said, there is no free lunch.
To make matters worse: China does not guarantee any prices for weapons, as with the whole economy, there is deflation, and prices are dropping. One month ago, Q6 prices were standing at 20 CNY, so the price dropped 10% last month. If we assume that this rate of depreciation and the CNY FX rate is stable, the price of Q6 weapons in China will be around 16,2 CNY in one month time.
This implies that, if the government continues with the purchasing operations ourexchange rate next month will be heading to the 1900 IEP mark. Then up in march: 2000 IEP.
Those of you who think this is mathematical gibberish, feel free to believe Sweet. Those of you who like to use their brain before forming a decision: The numbers are right there.
Good day