Perfect eRepublik Economy for Dummies
Saphire109
Perfect Economic Policy for Erepublik
By Saphire109
New economic policy by saphire109:
Abolish all erep taxes
Abolish communes-well at least try not to go to one they do not allow economic growth (they are inefficient as they cannot provide profits)
Abolish import taxes (1% is dumb, why prevent people from buying in the cheapest markets, go all out 0%, complete free trade)
Results:
Salaries will increase because instead of paying vat tax or income tax all profit goes to the worker
Millions of cheaper products and higher wages will flood the markets
Economic growth and potential surges to never before seen rates
Comments
2 points,
1)currency doesn't matter that much nowadays, gold is what matters and with that 10g/day limit they are restricting players from developing faster and making real profit.
2) Even if you have import taxes, market bot will still buy the overpriced, due to import taxes products.
That makes a good tax revenue for a country
Gold is what matters? lmao
Let's go buy some q5 food with gold...
cmon dude wake up.. $$ governs gold
Where will the government get revenue to pay for alliances, help out new players, and fund big hitters for big battles?
salaries will increase because all profit goes to the workers???????? huh?
word in your ear: there is a significant trend to self supply - I earn profits, buy businesses to keep me supplied with everything I need without resorting to market purchases, and dump all excess production to be purchased by the bot and those not yet fully self sufficient.
I also work in a commune. It pays me 12 tanks/day which is more than i could earn in wages with or without a tax load. It doesn't prevent me from working my own little companies. But I don't return every dime of profit to the workers 'cause, well there is the initial capital expenditure i want to "pay back" and because I am not that philanthropic. 😉
Now about this "growth" business. There is presently an enormous surplus of production. The bot buys it. Certainly, MY growth is important to me if by growth we don't simply mean increased production of units. The growth that is important to me is the growth of my wealth, which is of course a function of units, AND price, AND gold value. Unless, of course I am fully self sufficient, in which case its all gravy. 🙂
In an economy where the only things to buy are guns, food, and the means of producing guns and food, you should consider whether "growth" is as great a motive force as in the real world. In an economy which does not punish really poor decisions, you might consider if the "hidden hand" works efficiently or at all. In a global economy where there are only two possible competitive advantages, it would be prudent to consider if real life "free trade" concepts apply.
Just half baked thoughts.
Shappire109, i can buy q5 food with gold, just name me how much you want 😉
lol...
#itrade #rtrade
First of all we dont need cheaper production as there is already a ton of overproduction, and self supply is cheap enough.
Also salaries increase, they are already so high as to be completely unprofitable to almost anyone. Any job i try to open up will be an immediate lost to me of about 50 USD a day, and that is being optimistic.
450 WRM * .3(Q5 WRM at current amazing prices. Yes higher is amazing) gets me 135 USD. wages are 148 so i am losing money, and that is on one of my most productive pieces. The only way to make money with workers is Q6 Weapons or Food, neither of which i have the money for. I could only do so if i spent real money on this game. which you clearly did.
Also 0% import taxes is not allowed by game mechanics, not that it would help enough anyways, as everywhere else prices are more or less the same. It would be different if the economics were more realistic with zoning, but they are not.
Final point, growth cannot happen if there is a controlled income of gold. More people with USD will just drive the price of Gold up, and not accomplish anything. Until the bot stops pumping in USD, and more gold enter the market, will any 'growth' happen.
Only in a perfect e-world....
I think the minimum import tax you can have is 1%