International Economic Summit(cancelled)

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Monarch of P
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International Economic Summit(cancelled)

Post by Monarch of P » Fri Dec 28, 2018 11:01

Due to very serious inconsistencies in the theoworld economy and finance system, the Kingdom of Angrypore would like to host an economic summit to address these inconsistencies to prevent economic wars/global crisis. All nations are invited to join the summit in the Olesa World Trade Centre. This summit is intended to create a global treaty regarding sovereignty in currency designing, fair metals possessions, and to also address the seriously consulted economics of the Theo world.
Last edited by Monarch of P on Fri Dec 28, 2018 11:31, edited 2 times in total.
Prime minister of Angrypore,Governor of Bank Of Angrypore :bd ,Head of foreign relations :fire ,Head of Election counting department

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Monarch of P
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Re: International Economic Summit

Post by Monarch of P » Fri Dec 28, 2018 11:07

The Bank of Angrypore urges for calm to prevent a currency war
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Monarch of P
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Re: International Economic Summit(PLEASE READ TO UNDERSTAND ECONOMICS)

Post by Monarch of P » Fri Dec 28, 2018 11:20

ATTENTION
If your currency strengthens(increases in relative value) your exports will become more expensive, and the economy will slow due to lower demand for you exports.
Prime minister of Angrypore,Governor of Bank Of Angrypore :bd ,Head of foreign relations :fire ,Head of Election counting department

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Brody Craft
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Re: International Economic Summit(PLEASE READ TO UNDERSTAND ECONOMICS)

Post by Brody Craft » Fri Dec 28, 2018 11:21

We only do exports and imports with Dollars
When you get to be called a Board Index because you are too good.>:3

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Re: International Economic Summit(PLEASE READ TO UNDERSTAND ECONOMICS)

Post by Monarch of P » Fri Dec 28, 2018 11:24

Brody Craft wrote:
Fri Dec 28, 2018 11:21
We only do exports and imports with Dollars
Hmm then your currency shouldnt see such wild swings in value unless there is currency manipulation taking place. Or you have an unusually small money supply.
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Re: International Economic Summit(PLEASE READ TO UNDERSTAND ECONOMICS)

Post by Brody Craft » Fri Dec 28, 2018 11:25

Thats how this roleplay works from the start anyways.
When you get to be called a Board Index because you are too good.>:3

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Re: International Economic Summit(PLEASE READ TO UNDERSTAND ECONOMICS)

Post by Ahmad Nur Aizat » Fri Dec 28, 2018 11:30

Brody Craft wrote:
Fri Dec 28, 2018 11:25
Thats how this roleplay works from the start anyways.
Newbies won't understand, and it's our responsibility to teach them

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Re: International Economic Summit(PLEASE READ TO UNDERSTAND ECONOMICS)

Post by Monarch of P » Fri Dec 28, 2018 11:31

Ahmad Nur Aizat wrote:
Fri Dec 28, 2018 11:30
Brody Craft wrote:
Fri Dec 28, 2018 11:25
Thats how this roleplay works from the start anyways.
Newbies won't understand, and it's our responsibility to teach them
Oops. My bad then
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Re: International Economic Summit(cancelled)

Post by Monarch of P » Fri Dec 28, 2018 11:33

The Bank of Angrypore will hence start strengthening its currency too.
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Re: International Economic Summit(cancelled)

Post by Brody Craft » Fri Dec 28, 2018 11:33

touché
When you get to be called a Board Index because you are too good.>:3

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TerryMulhern
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Re: International Economic Summit(cancelled)

Post by TerryMulhern » Tue Jan 08, 2019 8:56

Monarch of P wrote:
Fri Dec 28, 2018 11:01
Due to very serious inconsistencies in the theoworld economy and finance system, the Kingdom of Angrypore would like to host an economic summit to address these inconsistencies to prevent economic wars/global crisis. All nations are invited to join the summit in the Olesa World Trade Centre. This summit is intended to create a global treaty regarding sovereignty in currency designing, fair metals possessions, and to also address the seriously consulted economics of the Theo world.
Hello Monarch of P,

I'm a newbie and would like to understand the basics. Where can I find all the info about Theoworld finance system and economics? what is the best way to start?

Thanks.
Last edited by TerryMulhern on Tue Jan 08, 2019 10:52, edited 1 time in total.

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Re: International Economic Summit(cancelled)

Post by Brody Craft » Tue Jan 08, 2019 9:39

TerryMulhern wrote:
Tue Jan 08, 2019 8:56
Hello Monarch of P,

I'm a newbie and would like to understand the basics. Where can I find all the info about Theoworld finance system and economics? what is the best way to start?

Thanks.
It is like the Real-Life economy basics, except more simpler
When you get to be called a Board Index because you are too good.>:3

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Monarch of P
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Re: International Economic Summit(cancelled)

Post by Monarch of P » Tue Jan 08, 2019 13:12

TerryMulhern wrote:
Tue Jan 08, 2019 8:56
Monarch of P wrote:
Fri Dec 28, 2018 11:01
Due to very serious inconsistencies in the theoworld economy and finance system, the Kingdom of Angrypore would like to host an economic summit to address these inconsistencies to prevent economic wars/global crisis. All nations are invited to join the summit in the Olesa World Trade Centre. This summit is intended to create a global treaty regarding sovereignty in currency designing, fair metals possessions, and to also address the seriously consulted economics of the Theo world.
Hello Monarch of P,

I'm a newbie and would like to understand the basics. Where can I find all the info about Theoworld finance system and economics? what is the best way to start?

Thanks.

TLDR;up to your persobal preference
Thanks for asking, apparently other than using real-world measurements(ie GDP, PPP etc) there is nothing preventing you from using astronimical number for your economy(ie $400 sextillion per capita, apparently its up to your personal preferences). Your economy could be self sufficient, so currency is implausibly strong. (According to other more experienced RPers).
Prime minister of Angrypore,Governor of Bank Of Angrypore :bd ,Head of foreign relations :fire ,Head of Election counting department

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