Argonath Bank Financial Crisis

[Pandalink]

Fact that new players just come in, creates account that is credited each time with money and then leave without never coming back is a fact.
There is nothing wrong to have that money re-injected back into the economy.

There is also nothing wrong with injecting the money back into the economy without removing it from the accounts.

0% inflation is not a realistic model for an economy.

[jannik852]

Just print new money, and get this crisis over with.
It's a freaking game, remember that - all of you's.

[Teddy]

The financial crisis is over and the bank has re-opened for the public. I'll continue to monitor the economy nightly in order to determine the effectiveness of our patch.

[Gandalf]

There is also nothing wrong with injecting the money back into the economy without removing it from the accounts.

0% inflation is not a realistic model for an economy.

Which is why the influx of new players creates more money in circulation, with more active players and regular influx of new ones the amount of money increases allowing for inflation.
Another reason for active players to welcome new players and keep them playing 

[jannik852]

Which is why the influx of new players creates more money in circulation, with more active players and regular influx of new ones the amount of money increases allowing for inflation.
Another reason for active players to welcome new players and keep them playing 

We can not only rely on new players, even though we should - it would take way more than only a few joining.

Perhaps making printed money go through a tough lottery system, or make the tickets very expensive; might be available to throw some money in the bucket?

[TiMoN]

We can not only rely on new players, even though we should - it would take way more than only a few joining.

Perhaps making printed money go through a tough lottery system, or make the tickets very expensive; might be available to throw some money in the bucket?

Payments should incur taxes, such a when a trucker delivers a product, some of what he is paid goes to the bank of the city he is in. I suppose government workers could be exempt of this.

[jannik852]

A bright suggestion for taxes strolled through my head:
What if the state take 5% from your Bank account and 15% from your hand, this could be due to hospitals bills etc.
This might prevent individuals taking actions in DM aswell?
If you get my idea - perhaps this could make the people remember to deposit their money?

[Kostas]

Actually ... the whole economy is VERY fucked up... Idk whose idea was to organise it like that. Want a simple example?
House loans... I get a 100k loan to buy a house, 100k from teh banks gets to my hands and then back to the bank immediatelly coz I bought the house. Then I'd work as a trucker, regain the needed amount ... say 110k, and pay back from my loan. So in simple words, I'd get 110k from the bank through trucking, and then return it to the bank to repay my loan... I like the whole... No money to be spawned policy, BUT, this is far from how the economy really works. I get the whole ... money circulates, but too many factors are missing here.

[Caesar.]

The financial crisis is over and the bank has re-opened for the public. I'll continue to monitor the economy nightly in order to determine the effectiveness of our patch.

Great news, i hope it won't happen again.

[Gandalf]

Actually ... the whole economy is VERY fucked up... Idk whose idea was to organise it like that. Want a simple example?
House loans... I get a 100k loan to buy a house, 100k from teh banks gets to my hands and then back to the bank immediatelly coz I bought the house. Then I'd work as a trucker, regain the needed amount ... say 110k, and pay back from my loan. So in simple words, I'd get 110k from the bank through trucking, and then return it to the bank to repay my loan... I like the whole... No money to be spawned policy, BUT, this is far from how the economy really works. I get the whole ... money circulates, but too many factors are missing here.

Hmm... in real life you take a loan from the bank, then pay it to the bank of the owner to buy it. When you work your salary goes in to your bank account and from that you repay the bank loan. Hoe is that different apart from that we have a single bank?

[Kostas]

Well first of all the fact that there are more banks does count, but this is not my point. First of all, IRL money circulates around people, while the bank takes part in some of the transactions ofcourse. What is also missing is the interaction with other countries/states and so on. I know that most of the income of the island that I live in is actually foreign, and a great percentage of it, also ends up being spent away from it(the island). I haven't studied economics ofcourse, but the system that we have looks very simple, therefor it lacks a lot, and therefor it obviously doesn't function that well. The state has no debts to any other states, therefor it doesn't really make sense for its bank to be in trouble, does it?

[Marcell]

I know I'll probably come off as real stupid, but wouldn't it be good if you'd start losing non-deposited funds after long inactivity? That way bank would have more money it could use in situations like those, as players would be forced to deposit their cash? This would be also less extreme than Cyril's idea of *stealing* cash from people who went inactive, since it would be their fault they didn't deposit it first

[Cofiliano]

A bright suggestion for taxes strolled through my head:
What if the state take 5% from your Bank account and 15% from your hand, this could be due to hospitals bills etc.
This might prevent mafias taking actions in DM aswell?
If you get my idea - perhaps this could make the people remember to deposit their money?

Yes its all about mafias DMing that's the problem, even when it comes to financial crisis.

[jannik852]

Yes its all about mafias DMing that's the problem, even when it comes to financial crisis.

Im sorry, did I hurt your feelings?
Anyhow, I will correct it - as it's clearly a general problem, between all types of players.

[Duel]

Make toll gates with different prices on main roads leading to other areas. And if they don't want to pay, they can use an alternative but longer route to get to their destination.. Yes it would generate probably a low amount of cash, but its better than nothing, and every penny counts, right? And all that cash that is paid, goes straight to the bank.
 FYI; It's an idea, do not attack me.