[ECONOMY] Gold market and financial tax
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by 8-3=1
Since the game was created, the gold became stronger and stronger compared to national currencies. During the last few months this trend became even more obvious and the admins tried to limit the appreciation of gold by limiting the quantity of gold you can purchase each day (excepting the national orgs which can transact bigger quantities of gold). It was obviously not enough, the gold is still becoming even stronger.
The problem is not necessarily the daily transactions (the flux of gold) but accumulation of gold (the stock of gold). Users are buying gold, and are holding on to it. The gold gets out of the financial circuit for a longer and longer time. People expecting for "promotions" to upgrade their companies or to buy bazookas & batons keep the gold in their pockets for months.
In order to reestablish an equilibrium in the monetary market the admins need to discourage accumulation of gold for longer periods of time. You have the gold, you should spend it. Or you should pay for keeping it.
The admins should introduce the building called "bank safe" where you can store gold. You get 10 days free storage, after that storage fee to be paid. The storage fee should go into national account.
Or the same system as the storage. You buy the "safe" (a smaller one, a bigger one, several safes etc) and based on your personal safe capacity you can hold on to a maximum amount of gold.
There are two sources of gold which should be subject to special discussion:
- the gold purchased for real money- which should not be subject to storage fees (financial tax)
- the gold generated from medals- in my opinion this should be also subject to storage fees (financial tax).
This measure will not affect the basic users who don't handle big amounts of gold, neither will affect people who spend money in the game. However it will affect speculators and people who accumulate big quantities of gold over long periods of time, disturbing the monetary market.
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what a st00pid idea
the problem is not there, MM has many other problems before this one comes to mind
like what?
People hold on to gold because of a good reason. It's hard to get. So monetary market shows just that. Gold will get higher and higer in current game conditions, because national currency is made out of thin air.
like Country Currency out of Plato's ass
good one Alex
In game currency is related to the goods production/consumption so currency is coming out of "Plato's ass" because production is bigger than consumption. If there was no currency generating the raw materials would have a very low cost (0.01 or even below if the game would accept three decimal prices), destroying the food/weapons market and consequently the job market. In over-supply market currency is generated to keep the prices stable.
Since currency is generated quicker than gold there are two options:
- everyone rushes to get rid of currency buy gold
- people hang on to currency
If everyone rushes to buy gold the exchange rate obviously goes bananas. So at the time when currency was starting to come "out of Plato's ass" admins put the restriction on gold buying. Which is not enough nowadays. The article gives one option. There are others about which I will write in separate article.
+1 Alex Dima
I know the reasons precisely
problem is, this economic module is not working by itself the way it is and needs change, however, what you propose is for the worse
i dont think so, but am happy to discuss different opinions.
if what you say is correct ("currency coming out of Plato's ass") then admins can stop very easily the depreciation of the currency by stopping the creation of currency out of nothing. but you will get a lot of angry producers and employees...crisis will take over.
what changes do you think economic module would need?
ps: i am not an admin, this is just a theoretical discussion and we are just speculating : )
I don't see why people who want to accumulate gold for different reasons should be affected by such measures...i understand that the economic module is not working but this measure it's not good...it's like comunism in rl...the people that wanted to make something better for themselves couldn't because the comunism wanted all people to be equal - but equal in poverness.
If someone can gather gold, any amount, it's his problem what he does with it, it's not our right to impose such measures over ones "properties".
@VeRU14: it's a tax on transactions with gold, noone is limiting the amount of gold you can hold.
Same as you pay VAT + storage on goods and it seems normal, no? Pure "capitalism" would involve 0% VAT and free storage for everyone...
let the economy be free, that's the no.1 change needed
in the first month it will be very difficult
whoever survives that will have a smooth playing experience the next month after that
my guess- free economy will mean:
- virtually free raw materials
- relatively cheap weapons + food
i.e. everyone will be able to buy products at very low prices with high disposable income. i.e. people will not need to put real money in game to grow quickly. i.e. not good for Plato.
the salaries will go down too, what high disposable income? yeah, in the beginning there will be some currency around, eventually it will fade out.
: ) i dont think salaries will go down. why would they go down?
well, if you sell a gun with 3 CC, you can't pay 200 CC salary anymore
if raw costs you nothing, the downward pressure on the products will be bigger than the pressure on the salaries (or to put it the other way round, if a manager doesnt pay anything for the raw he can afford to pay more for salary in relative terms).
so you get relatively cheaper products compared to salary, therefore higher disposable income.
Hey, if this happens in the game be sure that in the very next second i'll forever log out. You cannot say that I, because I work my brain quite hard to make money and gold by actually playing this game, without using my credit card should be forced to suffer for that. It's enough that the game became dependent of RL cash.
Anyway, the issue with the monetary market is directly related to the fact that anyone can have as many companies as he wants. Disabling this or having a tax in currency for each extra company over a certain number could force a higher demand on currency.
Also, a maximum ratio could be established, by making possible to pay for companies either with gold, either with currency. This could be adjusted depending on country's GDP, for example. Thus a country with lower population will have a lower GDP and thus it will cost less to buy something. But in this case the companies should be immovable or added a tax for each company that you move from one country to another upon citizenship change.
As an example for the last one, a Fishery can be created in Romania by paying either 10g or 10k RON. When moving (you change you citizenship) x% of the value you paid for the companies in the same currency you paid should be paid. Until then, the new citizenship, even if approved, will be in "pending" state and until you pay all your debts to the old country. Meaning you cannot vote, participate in elections or use the bonuses.
Just a few ideas.
"well, if you sell a gun with 3 CC, you can't pay 200 CC salary anymore"
I'm afraid Radu is right. This because there will be plenty that have products companies in which only them work. This means that those products will be produced at a virtual 0 cost (if we exclude the health loss). Thus, they will drop the market in time.
you wrongly assume the raw will be worthless, actually it will find its own balance somewhere in the middle
and yes, with or without that, the salaries will go down in no time, because nobody's gonna hire anymore
Add more ways to spend CC.
Problem solved.
Am mai zis unde e problema, nu ma repet.
@Aurelian Z, Strength training with CC \o/
Ati uitat romana dragilor ? Articolul in engleza , "batalia" de opinii in engleza , exprimata numai de romani . Nici un strain nu a comentat !
@Tatal Vostru: my newspaper, my rules. Shush.
cum spuneam... Como se dice castraveti in romaneste?
@TATAL VOSTRU - mi-ai luat vora din taste.... numa romani si toti spikuiesk in engleza 😃😃
Oricum economia e moarta...si moare si eREP...incepe sa devine PLICTISITORRRRR.