Finance Changes For The Plebeian (Repost)
Aries Prime
REPOST: Figure I might throw my half-assed advice out one more time before the changes tomorrow. Things won't change overnight, but I do expect my conclusions to come to light over the next couple months. Anyway, enjoy or ignore.
Finance is boring. This is why I’m going to break down the new changes for all you filthy casuals so you can sleep well at night. I have my PhD in economics from the University of eRepublik. Trust me, I’m a doctor.
Medal Changes
Wowzers, TP, Merc, and FF medals are now worth 1k cc instead of gold. What’s this mean? More CC, less Gold. Gold will become more valuable while CC because less valuable. Gold prices will increase. Let’s take a look at super cool graphs that are super inaccurate and probably incorrect:
Many graph, much lines. CC supply is static currently. Technically countries can create more CC, but only at 200cc per gold. This maintains us at the current 1 Gold = 200 CC value.
Woah dude, the graph changed! Once changes come into effect on January 12, we will the supply of CC increase while no longer being static. We will see the supply of gold decrease. More CC with less gold means Gold = More CC.
Conclusions
1. CC = Bad. Get rid of it.
2. Stockpile Gold. Gold = Good. Buy it while it’s cheapish.
3. Stockpile weapons and food. More CC = Higher weapon and food prices.
Shoutout to firecomet234 for his article with similar conclusions but a different approach here: http://www.erepublik.com/en/article/-canada-s-economy-new-changes-from-a-beginner-s-pov-2476695/1/20
Endorse me, Plebs,
Aries Prime
Comments
I know one person who struggles to even log on let alone get her head around these changes...she's gonna blow!!!
I'd endorse, but I'm broke from stockpiling gold, weapons and food 😉
Good work.
I suppose foolish people like me buying gold is screwing things up too. Fortunately I don't plan to buy much in the future. Not much reason with the new changes to the war mod.