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Argonath Bank Financial Crisis

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Offline Marcel

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Reply #30 on: July 19, 2015, 12:24:03 pm
Bonds here are intended to provide immediate relief. IRL When banks close, the economy spirals down the drain. The government issues Bonds to reopen the banks and ensure that they don't go down the drain.
Plus, they'd be great instruments for roleplay. Bonds can be sold before they mature to somebody else, creating a whole new economy to rival the share market. Not to mention the fact that bonds can be easily scripted and would probably be online in less than 24 hours, creating a instant new commodity to trade.
Who is going to pay for the bonds with what money? We can't even get to our liquid assets right now.




Offline Exterminator

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Reply #31 on: July 19, 2015, 12:29:13 pm
Who is going to pay for the bonds with what money? We can't even get to our liquid assets right now.

The government pays for bonds when it's stabilized. That's pretty much the point of government bonds in the first place.

War Bonds were not sold during peace time when money was plenty. War Bonds were sold when money was short. Bonds are sold when you don't have the money and instead of an international 'loan', you take one from your own people, thus ensuring that money does not go out of the country. Nobody is asking you to pay up on the bonds immediately, else there's no point to the bond.


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Offline Marcel

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Reply #32 on: July 19, 2015, 12:39:26 pm
The government pays for bonds when it's stabilized. That's pretty much the point of government bonds in the first place.

I know, but that's not what I asked. What I meant was right now, if we are going to purchase bonds, with what money are we going to do so? Our bank accounts are locked and we need the money to have some financial mobility. If all liquid assets are handed to the government in the form of bonds, the government simply spends it on salaries to others. That's not solving the issue, it's maintaining the issue.

It is a unsustainable leak that needs to be fixed, not supported by bonds.




Offline Khm

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Reply #33 on: July 19, 2015, 01:00:32 pm
People should take advantage from this rply and make protests.. if so why not get ADF in service and start a civil war. This way people will start buying food and weapons which will bring income to tge global bank (?). Not start a dm fest but organising this properly would be actually special in samp servers. I'm being serious.



Offline Stivi

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Reply #34 on: July 19, 2015, 01:02:43 pm
From all those scammers  banned, where did the money taken from their account go ?


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Offline .Matthew.

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Reply #35 on: July 19, 2015, 01:02:56 pm
I was saying in-game how it is a nice chance to make protests. Didn't see a proper protest since years in Argonath.



Offline TiMoN

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Reply #36 on: July 19, 2015, 01:04:16 pm
We, Greeks, are cursed. There is no other explanation. We cannot even avoid being bankrupt in a freakin' game.  :rofl:
Ban them all!




Offline Devin

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Reply #37 on: July 19, 2015, 01:13:46 pm
Have you been eating moussaka while scripting this? This smells like Greece :rofl:

At least they could withdraw 60 euro a day.



Offline Pandalink

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Reply #38 on: July 19, 2015, 01:26:09 pm
I hate to wave my C in economics at A-level around, but for fuck's sake this is not an issue unless you make it one. Even a basic understanding of economics would help here.

The reason that the money is "running out" is because people are going inactive with money in their accounts. The closest real life equivalent to this is people burying money in their garden. In this case, the government does not literally have a bag of cash that can run out (because everyone buried some), they will simply print more money. The equivalent ingame of that is spawning more money. If inactive players return with the money, then consider it them digging up their money in their garden. This causes inflation, which is not inherently bad. In fact, if this were a real country then there wouldn't really be any  significant downsides since we import absolutely no goods or services.

You're trying to simulate an economy or something but you're not printing any more money? What?

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Offline Yasko

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Reply #39 on: July 19, 2015, 01:26:38 pm
I was saying in-game how it is a nice chance to make protests. Didn't see a proper protest since years in Argonath.
:app:


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Offline Sawyer

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Reply #40 on: July 19, 2015, 01:49:31 pm
At least they could withdraw 60 euro a day.
If you do not burn to death by the sun waiting an hour or two in the ATM line.





Offline Alexander_Rijav

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Reply #41 on: July 19, 2015, 02:07:08 pm
Honestly trucking should be removed till it's used to supply stock to business owners
Still waiting for this.
People should take advantage from this rply and make protests.. if so why not get ADF in service and start a civil war. This way people will start buying food and weapons which will bring income to tge global bank (?). Not start a dm fest but organising this properly would be actually special in samp servers. I'm being serious.
May be hard to keep it organised I guess but it's worth trying.



Offline Kostas

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Reply #42 on: July 19, 2015, 02:12:31 pm
Have you considered supporting the means that get an income for the bank? And unsupporting the means that suck it all out?
EDIT: Since the income is less than the expenses of the bank, getting a loan would only slowly lead tothe situation Greece is ... I am pretty damn sure that nobody will want to RP that...


Offline PulseEffect

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Reply #43 on: July 19, 2015, 02:17:58 pm
Have you considered supporting the means that get an income for the bank? And unsupporting the means that suck it all out?
EDIT: Since the income is less than the expenses of the bank, getting a loan would only slowly lead tothe situation Greece is ... I am pretty damn sure that nobody will want to RP that...

I still don't see how loaning from the state bank would help, since you would be paying back the bank with the money you earned from them originally even with the interest UNLESS you use other people's money.


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Offline Whiteman

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Reply #44 on: July 19, 2015, 02:24:40 pm
This is Greece all over again.


 


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