You are reading an article written by a citizen of eRepublik, an immersive multiplayer strategy game based on real life countries. Create your own character and help your country achieve its glory while establishing yourself as a war hero, renowned publisher or finance guru.
•
by okbaby
The KPW to Gold ratio raises to 0.025. It seems that our central bank is short of currency now. That's the reason why I propose a money issue.
Just find there were some dissenting opinions. Let me know what are you thinking.
Wiki | Latest Updates | Forum | Blog | Contact | Jobs | Erepublik media | Terms of Service | Privacy | eRepublik Laws
Follow us: 
Facebook
Twitter
Discord
Articles
Our other games: War and Peace | World at War | The Great War Rivals | Game of Nations
Copyright © 2007-2024 eRepublik
Comments
We're not short on money (yet). I raised the exchange rate to encourage imports since the majority of the products sold here come from other countries.
Before we used to have a problem with speculators undercutting the bank exchange rate because so much KPW was in circulation, but Rising removed a lot of that currency when a many people quit the game. So now we're able to establish a higher rate that is more suitable to our market's needs. We'll see if there's enough demand for the currency for it to be able to maintain itself at .025, but if not I'll adjust it down accordingly.
When they remove happiness on day 1,049 is when we'll get a better idea of how well this plan will work (right now we don't have enough wellness food being sold here to show the true demand, but once all food is wellness food we'll know what we're dealing with), I just was forced to implement it earlier than I wanted because 5,000 KPW at .015 sold within 24 hours once we had the battles to fight in, and that is just way too quick for our currency to enter circulation.
I'll post more details later on this in an article I'm writing that outlines my plans for the upcoming month.
Our next president surely wants to make NK a better country than just get a medal.
The price of product is regulated by market but not the change rate. When the change rate goes up, the product price will go down.
The only benifit is that we can pay less G to make the KPW. However, it may cost a lot to maintain a high KPW/G ratio.
Besides, I want to know what's going on Gansu. Are we going to return the land?
Just saw many of us join the rebel forces.
No, the idea was to extend the battle out so it went more than 8 rounds, but medal hunters are making it a difficult. Fight for the North Korean side.
Now there is a new upring in inner Mongonia. eNK is petty hot these days.
http://economy.erepublik.com/en/company/north-korean-stone/230763
we need workers. Apply now by pm and I'll make you a better wage than posted.
^You're trying to produce Stone in a low resource region!?