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[Gov] MPP with Malaysia / Need for gold

Day 785, 00:25 • Published in Thailand New Zealand

• by Thingol

Dear citizens,

today we will start the voting on renewing the MPP with our neighbor Malaysia. Malaysia is not only our "best friend" who has helped us a lot in our history. Malaysia is also the host of the Sol war games with about 17 participants. War games help every citizen of Thailand to gain experience and level up.

We could not make a better choice how to spend our money.

Alas, this MPP costs 200 gold, and there is a fee of a few gold per battle, too. Our Central Bank owned not more than 220 gold in total.

This means that we are going to spend all our gold for these war games.

This is not so good. We should have an amount of at least 100 gold in reserve, and we need to prepare for next month's MPP, too. This is why I ask citizens for donations right now:

1. Everybody who can give a small amount should do so.
2. Congress members should donate their 5 gold from the congress elections. This has been custom in Thailand for many months, and I want to see this continued.
3. I ask the party presidents to set up a rule in each party saying that every congress member MUST donate these 5 gold to the Central Bank.

All donations shall be made to the Central Bank of Thailand.

Comments

ina_indonesia Day 785, 03:22

🙂
voted

Jimmy_Miller Day 785, 03:52

Ina I think the idea is now that the central bank has put the money in the country treasury that you propose this alliance to congress 😉

Gil-games Day 785, 04:42

Please refresh my missing memories!!! but it`s shown the eThailand`s GDP is more then 500gold, export/import balance is equal!, so where is that money? or i`m wrong? Although wargames are very necessary, especially when i really can get the ministry position! though any donation will be use to the nation, i`m sure.

Gil, possibly coming Minister of Health and Education

Gil-games Day 785, 04:43

...and vote & sub

Jimmy_Miller Day 785, 04:59

GDP is not a measure of govermnet income, the largest part of GDP is income retained by the companies - government income is substantially smaller than the 500g.

Gil-games Day 785, 06:00

ok, but the national treasury have 49k+ thb, it`s more tha 400 gold! put some to the monetary!!!! no? am i wrong again?

roymustang Day 785, 06:56

voted and donated, 🙂. the TWs are a vital need for the wellness of the citizens.

seiiya_alpiin Day 785, 07:57

vote jimmy miller for Minister of Health and Education
🙂

The Awesome Sorena Day 785, 09:58

answer me..Central Bank of Thailand has big money(more than 10000 TH😎.can you change it to gold?

Jimmy_Miller Day 785, 10:52

Firstly national treasury hass 1/10th of what was put above, so only 40g.

Secondly the national bank does have a few hundred gold in THB at current prices, however releasing that much onto the market will devalue our currency further, which will a) make it worth less b) make wages in terms of g lower. I for one am not in favour of this.

There is too much THB out there at the moment imo, we need a baby boom and competitive products to increase the demand for THB, then we can start cashing in that in the national reserves. I did a more thorough review of a few points around the Thai economy here:

http://www.erepublik.com/en/article/ethailand-economic-review-1139042/1/20" target="_blank">http://www.erepublik.com/en/article/etha[..]/1/20

Teddyyo Day 785, 13:24

Are we too naive to not think any of the donated gold will go straight to eIndo? Have we already forgotten that this president is a result of PTO multis?

Thingol Day 785, 14:31

@Gil-games and sor3na:
Jimmy explained it already. The THB is under pressure these days. If the Central Bank started to sell big amounts of THB, the exchange rate would go down dramatically. We should first increase the economy and thus the demand for THB before we put them on the market. We will get more gold for our THB then.

@Teddyyo: No, you are wrong with this thought. The Central Bank of Thailand is still controlled by the Thai people (atm Vincent and Albert). Of course the war games help everybody in Thailand, all Thais and Indonesians. Thus I request all of you to chip in a little gold.

Travis Byrd Day 785, 18:17

So the CBT donated 200g to the country's treasuries? We should have funded it as a reiumbursement, not as a straight up transfer.

Teddyyo Day 785, 19:57

Hmm. I did not know that it was not controlled by gov.

Sukhot Day 785, 20:04

I didn't know this as ... and most of the gold that I won with the last election I spent on food and weapons, I will proceed to donate what is left of that amount...

1 Gold aprox...

seagate02 Day 786, 02:30

lol ... donate my gold to CBT? EDEN's joke isn't funny at all

DREAM ON !!!

Thingol Day 786, 14:50

@seagate: The war games are good for you, too. If the Indonesian congress members do not make their donations, then the Central Bank will not be able to pay for next month's MPP. And if you expect the other citizens to pay for the war games while you keep your congress gold for yourself, then you are not welcome in this country. Of course you are free to donate to the treasury instead of the Central Bank if you feel better this way.

UltimaFury Day 786, 18:08

Voted and donated! I had to move because of no battles!

Central Bank of Thailand Day 787, 12:47

Thanks to all who have donated already. We have received 30 gold until now. Of course this is not much, because from the 40 congress members alone we could expect 200 gold in total.

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