e-Finance 101 and the Ultimate Menace.

Day 899, 10:07 • Published in Bolivia Russia • by Dmitry Odinets

Well, here is another piece of Gummi Bears occupants propaganda that is not worth to read by good e-Bolivian citizen.

In the recent article (link: http://www.erepublik.com/en/article/crisis-in-ebolivia-1355058/1/20) Corporation of Money's manager says that Governo Boliviana hadn't learn their home-task and when second monetary crisis started a week after first one, officials did nothing to neutralize it. Well, this guy knows what he talks about: Amelia Woods, one of the CoM companies, suffered of cash deficit for salaries during rate jumps; same thing happened with many other Bolivian companies.

The acting president of Bolivia, Klameus (http://www.erepublik.com/en/citizen/profile/1890777) wrote a great comment to the CoM's article. I guess, that this historical document should be kept for future generations to make eBolivian researchers able to explore it, so I copy-past it without any change or cut:

Well, thats truth, we cant think all the time in econonmy, either in wars, we have stupid problems, and these problems r always the same, TOers. Until this nation become bigger, the TO problem will be here, so its impossible to change anything.
Most of the time we are thinking how to stop the TO. In last 6 months, in all elections but 1, we have had to fight against Toers.
That the truth. 🙁

Klameus! The truth is that you, I mean you personally and your companeros, don't think at all. When the national currency rate was relatively stable, you guys did direct donations from treasury to Ministerio de Industria, and then some unknown genius in MdI used to do his (I'm almost sure it's "he", cause women are not creative enough for such stupidity) brilliant trading trick, selling currency per 0.014 gold, so no one other operator couldn't sell his currency for normal price and traders were forced to include "risk bonus" 1/15 into the margin profit and all the people and business suffered because of this fantastic situation.

Do you see now, boys and girls, why you could buy only 66.67 bolivianos per your gold coin, when you urgently needed national currency, and why then some guys resell your gold, that gold you'd sold them before, per 72 BOB and more?.. 1/15 "risk bonus" is an additional payment, that people and local business pay any time doing currency exchange and the only reason of existence this indirect tax is incompetency and/or irresponsibility of political "elite" which is unable to create monetary regulator and manage monetary market which is elementary thing made by any e-government.

You can argue that Klameus and Co think about PTOers. They counteract PTO attempts! Phoenix PTO, EDEN PTO, Ukrainian PTO -- next source of PTO-evil is gonna be mighty Singapore, I bet. Ladies and gentlemen! Last PP elections you lost two parties of five, and your antiTO squad lost it to some miserable company of bored e-peripheral amateurs -- even with a help of Black Cat Team, who know much more about TOs. And scary tales about Phoenix, Entente or Martian invasion fought off by wise Klameus and his superheroes are just a kind of unfair self-promotion. When ruling elite is unable to do their duties they focus public attention of "foreign enemy". If they are unlucky enough to have no high quality foreign enemy, they invent it. It's easy. That's all.