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“At day change between Days 189 and 190 (about 67 hours from now), the US is going to set a good hard peg. The USD will be set at 1 USD = 0.02 gold, and there it will stay. In short, having a consistent new peg will give stability to our markets and businesses, and thus strengthen our economy. Also, the weakened dollar will give our markets greater price flexibility. The weaker a currency, the higher nominal prices will be. The cheapest raw material offer on the US market right now is 0.10 USD. The difference between 0.09 and 0.10 is relatively very large. But with a weaker dollar, those numbers go up. The difference between 0.19 and 0.20, for example, is much smaller, and having that flexibility will be a boon to our businesses. Wages and prices will quickly adjust to match the new dollar value, so no major harm will be done, and the benefits will be very nice.”
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I have several issues with this statement that I wish to break down for you.
“[T]he weakened dollar will give our markets greater price flexibility. The weaker a currency, the higher nominal prices will be.(so the products will get more expensive to compensate for the loss of the USD value) The cheapest raw material offer on the US market right now is 0.10 USD. The difference between 0.09 and 0.10 is relatively very large. But with a weaker dollar, those numbers go up. The difference between 0.19 and 0.20, for example, is much smaller, and having that flexibility will be a boon to our businesses.”(So the fed thinks that taking a 10% discount away from the buyer and replacing it with a 5% discount will increase the amount of total purchases that we can make, because that is what is going to make the “businesses boon&rdquo
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Now let’s look at some RL facts about money. Today it cost Americans 26+ dollars to purchase an item that cost $1 back in 1914. Many would say that the increase of salary played a huge roll in this price increase and that it balances out. Well if I was to pay you $4 a day to buy 40 $0.10 items at $0.09 you would be able to save $0.40 in which you could purchase a further 4 products with 4 cents left over to place in the monetary market or save for your next purchase. Now if I was to pay you $8 to purchase 40 $0.20 objects for $0.19 you would save 40 cents (enough to buy only two more items with 2 cents left over to reinvest in the market for gold.) So now more monies are being invested by company owners in the monetary market, but for yet again a smaller return in gold, hence making it longer before they can grow or start another business. With that in mind, if the same business owner was able to trade 1 SD at a value of 0.03g he will be able to obtain more gold per profit then if he traded 1.10 USD at 0.02g.
More or less what I am trying to say is that an eAmerican will make more money at $1=1g then 1g=$290. With a greater USD value the prices will stay lower as will wages, but we will be able to trade that USD for a greater amount of gold, hence increasing the amount of power placed in each eUS citizen. I say lets take control of the market instead of it taking control of us. The more gold the USD can buy the more power is left in the eUS. (GOLD IS POWER!) Some will say that with a USD value of let’s say 0.5 gold that the international market will not wish to invest in our currency hence us missing out on the benefits of foreign trade. Realty states that nations will invest in the most promising currency, if the USD has more promise of reaching optimum gold value than any other currency they will buy it as well as spend it according to the low price of our products.
I know that this article seems choppy and maybe even confusing, but if there is something that you cannot understand simply message me and I will try to clarify any misunderstandings.
Please contact me if I you have an argument to my presentation, if you prove an error I will issue a public apology.
Here is a little video for you
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About the game:
USA as a world power? In E-Sim it is possible!
In E-Sim we have a huge, living world, which is a mirror copy of the Earth. Well, maybe not completely mirrored, because the balance of power in this virtual world looks a bit different than in real life. In E-Sim, USA does not have to be a world superpower, It can be efficiently managed as a much smaller country that has entrepreneurial citizens that support it's foundation. Everything depends on the players themselves and how they decide to shape the political map of the game.
Work for the good of your country and see it rise to an empire.
Activities in this game are divided into several modules. First is the economy as a citizen in a country of your choice you must work to earn money, which you will get to spend for example, on food or purchase of weapons which are critical for your progress as a fighter. You will work in either private companies which are owned by players or government companies which are owned by the state. After progressing in the game you will finally get the opportunity to set up your own business and hire other players. If it prospers, we can even change it into a joint-stock company and enter the stock market and get even more money in this way.
In E-Sim, international wars are nothing out of the ordinary.
Become an influential politician.
The second module is a politics. Just like in real life politics in E-Sim are an extremely powerful tool that can be used for your own purposes. From time to time there are elections in the game in which you will not only vote, but also have the ability to run for the head of the party you're in. You can also apply for congress, where once elected you will be given the right to vote on laws proposed by your fellow congress members or your president and propose laws yourself. Voting on laws is important for your country as it can shape the lives of those around you. You can also try to become the head of a given party, and even take part in presidential elections and decide on the shape of the foreign policy of a given state (for example, who to declare war on). Career in politics is obviously not easy and in order to succeed in it, you have to have a good plan and compete for the votes of voters.
You can go bankrupt or become a rich man while playing the stock market.
The international war.
The last and probably the most important module is military. In E-Sim, countries are constantly fighting each other for control over territories which in return grant them access to more valuable raw materials. For this purpose, they form alliances, they fight international wars, but they also have to deal with, for example, uprisings in conquered countries or civil wars, which may explode on their territory. You can also take part in these clashes, although you are also given the opportunity to lead a life as a pacifist who focuses on other activities in the game (for example, running a successful newspaper or selling products).
At the auction you can sell or buy your dream inventory.
E-Sim is a unique browser game. It's creators ensured realistic representation of the mechanisms present in the real world and gave all power to the players who shape the image of the virtual Earth according to their own. So come and join them and help your country achieve its full potential.
Invest, produce and sell - be an entrepreneur in E-Sim.
Take part in numerous events for the E-Sim community.
