Erepublik Economic Conclusion
Day 1,543, 21:23
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Published in USA 
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by
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by Saphire109
Economic Conclusion
Here's my story here on erepublik. I used to believe that the bot
was a rumor a few months ago when I started playing and started investing and expanding my properties through further investment. I actually believed there was someone buying the products I had shipped to market here on erep. Unfortunately the sad truth reveals quite the contrary.
When said "bot" was removed I didn't believe it until I was forced to sell my food raw material from .34 usd down to .06.. I couldn't believe it.. If it had kept going lower food would have been more expensive than all my companies. I would have been forced to dismantle and loose 50% of all my investments. Now in all good sense no long-term investor is going to tolerate such whooping losses. So from now on I was able to see exactly how some issues are addressed here.. How regulation has totally failed us and keeps failing us in this game.
It is with a sad note that I have to admit that the economy of this game is nothing but thin air -nonexistant-. By this I don't mean the virtual aspect -but rather how it fails to sustain itself at all. Mainly how the game dynamics are really not working and that without the "assistance bot" there is no game to play here at all. Just self-subsistence in a harsh reality. Also, this game is too individualistic in an economic sense. No contracts or teams can be formed or investment firms, none of that. It's a do it yourself and pay your employees less policy. For many reason, not enough players buying and selling, not enough products, not enough varieties and so forth.. the game has gone downhill because it has failed to provide effective playful interactive changes.
So on the economic side I can define it with one word -depressing-. As far as inviting friends, all the friends I invited stopped playing completely. It seems the game tires them out over the long run. Such sadness.
Here's my story here on erepublik. I used to believe that the bot
was a rumor a few months ago when I started playing and started investing and expanding my properties through further investment. I actually believed there was someone buying the products I had shipped to market here on erep. Unfortunately the sad truth reveals quite the contrary.
When said "bot" was removed I didn't believe it until I was forced to sell my food raw material from .34 usd down to .06.. I couldn't believe it.. If it had kept going lower food would have been more expensive than all my companies. I would have been forced to dismantle and loose 50% of all my investments. Now in all good sense no long-term investor is going to tolerate such whooping losses. So from now on I was able to see exactly how some issues are addressed here.. How regulation has totally failed us and keeps failing us in this game.
It is with a sad note that I have to admit that the economy of this game is nothing but thin air -nonexistant-. By this I don't mean the virtual aspect -but rather how it fails to sustain itself at all. Mainly how the game dynamics are really not working and that without the "assistance bot" there is no game to play here at all. Just self-subsistence in a harsh reality. Also, this game is too individualistic in an economic sense. No contracts or teams can be formed or investment firms, none of that. It's a do it yourself and pay your employees less policy. For many reason, not enough players buying and selling, not enough products, not enough varieties and so forth.. the game has gone downhill because it has failed to provide effective playful interactive changes.
So on the economic side I can define it with one word -depressing-. As far as inviting friends, all the friends I invited stopped playing completely. It seems the game tires them out over the long run. Such sadness.
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Comments
bleak
Just click fight, my friend, just click fight.
That's why I focus mostly on fighting in this game, is the only constant. 😐
I was perplexed by this part, which seemed dogmatic and out of place:
"How regulation has totally failed us and keeps failing us in this game."
Absence of regulation seems to me to be the norm here. It is the absence of effective mechanisms to regulate honesty which leads to difficulty enforcing contracts and it is the relative absence of regulation which leads to just self-interest in a harsh reality. Of course, Ayn Rand and all true laissez-faire traders would applaud that. The absence of regulation is supposed to promote a dog-eat-dog world.
The relative absence of regulation permits extreme overproduction. Absent, are market mechanisms to punish error. Also absent, and this is what you may have been alluding to (?), are obvious opportunities for innovation.
Regulation has failed us. All the policies enacted to regulate this market are ficticious, bringing no real economic relevance. Making all investment plans thin air and baseless. The removal of the bot is an example. The fix here is not regulation of the markets but the creation of new markets and gameplay system. Regulation -the bot here- is not really a fix, but just a baseless way to improve the economy.
voted
I remember telling you that you were wrong, but you thought I was just messing with you.
Maybe you will realize other things soon.
I hope so.