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Seb

World Bank initiative

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2 hours ago, Jeremy Graham said:

If you read the discussion, half of them are talking about inflation caused by money generated through code in different cases. So... yeah, it's not Seb and his alliance taking over the world with this magical bank. Not trying to be rude, but you should probably re-read some of the posts that have been made. 

And your point is? I don't think I mentioned anything about inflation in my response to Long Shanks, just that it would be automated (as he thought it was controlled by Seb and his alliance). No need to parrot your point to everyone, because it's been discussed at length by other players. 

What are the effects of inflation that you have in mind? Just curious. 

to add to the inflation concern, it would require a 5b investment to produce 10m a day. I think I read somewhere that there is currently 80b worth of liquid money flying around Orbis, if all of that were to be deposited in the bank (very unlikely) it would produce the same money than 15 nations of 15 cities each can already produce.

just to add figures, the top alliance at 100% tax must be making over 400m a day overall. and thats just 1 single alliance.

how much money would it take to equal 1 alliance's income to add to this inflation? 200 billion

so the inflation of new money generated is not really that big in an Orbis wide scale

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2 hours ago, Seb said:

dude, you are taking things way to personal here, go keep your private bank and make your profits, I only see 2 people arguing against this. this two people have 6 and 7 cities and are new to the game.

I also see 1 private bank owner trying to discredit the proposal, you made your point, as weak as it sounds, tis time to let others comment it.

The reason no one else is commenting is that Psweet (and others) have already made perfectly good points explaining why this is a terrible idea and you haven't even attempted to address them, but have instead just cried bias.

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4 hours ago, Seb said:

You are not making sense, this bank would just be part of the game code, not a private bank and not controlled by any player. no player would profit from anything except those investing.

you are again repeating something that doesn't make sense, I wouldn't control anything in the bank, it would be part of the game itself.

I get the feeling you are just trolling this post with nonesense


Also just to point out only due to someone having 6 or 7 cities and new to the game can still see the massive flaws within this and how it will massively effect the game in a bad way, no trolling was meant but my replies was to the level of the OP, complete silly and way off the mark.
 

Edited by Long Shanks
  • Upvote 1

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I finally know why Psweet tries to sabotage everyone of my attempts, he is jealous

https://pastebin.com/2sXeu9ur

Psweet and Paul Warburg conspiring against me is the best news I have heard today

  • Downvote 7

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23 minutes ago, Seb said:

I finally know why Psweet tries to sabotage everyone of my attempts, he is jealous

https://pastebin.com/2sXeu9ur

Psweet and Paul Warburg conspiring against me is the best news I have heard today

Awfully looks like you're trying to discredit critics of this plan without actually addressing their concerns. 

  • Upvote 3

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only my investors should be concerned about this, and they are allllll really happy.

funny thing is that Paul came work for me for a few months, he got paida commission for the loans while I managed them anyway because he was too lazy to do it himself.

then he decided to make a bank of his own over a year ago, so I gave him money at 2% interest so he could make a good difference and get started.

he would then loan at 5% to 9% and make a good profit with my own money.

I didn't care because I wanted to help him :) oh boy how wrong was I.

but oh well, you can't change the nature of people, ducks will be ducks

 

 

 

freer, you show up in that convo too, and you too are salty because you were a historic lame banker

keep burning yourself please, I having the day of the year

give me more

Edited by Seb
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Two main objections to this.

1. Real banks, government and development agencies take losses, and the countries that fund those entities take those losses too.  A true risk free return does not exist, and hard coding one in the game simply re-bases a zero return to whatever rate it is setup at.  If it were to be setup, it should run as a unit trust, with depositors 'buying in' to the bank, and selling out as the price changes dependent on loss rates and returns.

2. Alex shouldn't be adding features that replace functionality that is or can be easily provided by players.  However given that Alex knows that these features are provided by players, why couldn't he simply add a loan market to the game where buyers/sellers of money could locate each other easier, or as others have suggested, an organisations page.

Either way, if loan repayments to a bank are automated, they should be pre/post alliance tax at the alliances discretion.  You cannot pay debt from money you owe the tax office in the real world and that option should only be available if the alliance agrees to it.

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Seb, some advice, may want to take a break.  You're not listening to criticism, instead you're seeing the opposition as bias.  That's a quick way to kill any possible support you could receive, and if it continues, it could also kill your reputation elsewhere too.

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I actually think that a world bank for the purposes of stashing resources in a place that can't be touched by war is a good idea. It's already perfectly doable through players, but the thing is that players, by necessity, have interests and their own circumstances. It would be worthwhile and healthy for the game for there to be a bank that's expensive, but always available (outside of blockade, but perhaps accessible through normal bank transactions), consistent, and completely safe.

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Wait so alliances will have to much money, this will cause hyper inflation and wars will be worthless if you could hide your recorces in bank

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