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[SUBMITTED] How To Save Money?

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Singapore no2
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Founded: Apr 10, 2015
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[SUBMITTED] How To Save Money?

Postby Singapore no2 » Wed Dec 13, 2017 11:37 pm

This draft addresses the aftermath of the 5th option of How To Print Money?, as well as allowing a return of coins.


[desc] Following the decision to allow private citizens to issue their own money, the @@CURRENCY@@ has been severely devalued to the point of being practically worthless. Bartering has become commonplace, and the official currency is falling out of use. Realizing the potential for financial failure and structural instability, a band of impoverished citizens have approached you to offer their opinions on the matter.

[validity] Only valid for nations that chose 769.5 and have a physical currency

[option] "I haven't eaten anything for ages!" whines @@RANDOMNAME@@, a former economist, setting up a few mouse traps next to your desk. "I had close to one billion @@CURRENCYPLURAL@@, but when the hyper-inflation kicked in, my years of scrimping and saving were all for naught. You must prohibit ordinary citizens from producing money and dispatch our police to disrupt their current currency-creating activities. That's the only way to stop our economic system from completely collapsing."
[effect] businesspersons who make too much money are hauled in for questioning

[option] "Why would the police agree to that? After all, you have nothing to pay them with!" reasons a blacksmith, who is sharpening an axe on a grinding wheel. "I've got a suggestion. Since our currency is worth a thousand times less than before, it makes sense to redenominate it to something with much fewer zeros. The new @@CURRENCY@@ should be in the form of coins that are minted from only the most precious metals, so that their cost of production makes counterfeiting unprofitable. If there are no objections, I would like to get started on this project immediately."
[effect] the most expensive houses are often worth a few @@CURRENCY@@ coins

[option] "Redenomination will take too long," states @@RANDOMNAME@@, the Commissar of the Army, who is heating a soup can over a mound of burning banknotes. "What won't is enacting martial law and seizing the means of consumer goods production, placing them under government control. Afterwards, you can then set up a state rationing programme that will provide citizens with essential goods and thus quell unrest. From now on and until the problem is resolved we shall issue ration cards instead of @@CURRENCY@@. As for halting money printing activities, it'll be a waste of resources to try."
[effect] government ration stamps are used more frequently that the official @@CURRENCY@@

[option] "What's so wrong with citizens engaging in barter trade?" questions a rather suspicions butcher with blood stains on her hands. "If individuals can obtain what they want through a fair exchange, then there's no problem, except maybe the amount of time it takes. It'll be better for everyone, I reckon, as they won't be exploited by big corporations, or some nice concept like that. The @@CURRENCY@@ can be displayed in museums as a piece of our history, and we can bask in a post-consumerist paradise. I'm sure that a few weirdos will still use it, but what do we care?"
[effect] most government officials have defected following the revelation that they wouldn't be paid

Note: option 3 explicitly states that there are still some people who use @@CURRENCY@@
Last edited by Singapore no2 on Mon Jan 01, 2018 10:15 pm, edited 13 times in total.
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We have the 8th largest sovereign wealth fund in the world. (RL world)
Pro: Regulations, Military, Law and Order
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Singapore no2
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Postby Singapore no2 » Wed Dec 20, 2017 2:40 am

Any comments?
My Published Issues
Death Note
This is a Modern-Tech nation. We only put a satellite and a man into space so far.
We are a Middle power, so if we die, so will some of the global economy.
We have the 8th largest sovereign wealth fund in the world. (RL world)
Pro: Regulations, Military, Law and Order
Anti: Freedom of speech, Discrimination, CHEWING GUM
Just so you know, I don't think like that. That stuff is roleplaying Singapore (itself, the real life nation)
I have many issues, and you can find the complete list here.

Quote of the year:
Fauxia wrote:Editors aren’t real people.

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Australian rePublic
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Postby Australian rePublic » Thu Dec 21, 2017 3:26 pm

Option 2- it'll always be profitable. It's stupid to print money that costs more to produce which are worth less than the face value, and the only currency that I know of which does this is the USA's penny.

Effect for option 2: the most expensive houses often go for 2 @@CURRENCYPLURAL@@

Option 3: There is no way of eliminating a national currency
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Singapore no2
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Founded: Apr 10, 2015
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Postby Singapore no2 » Fri Dec 22, 2017 7:40 am

Australian Republic wrote:Effect for option 2: the most expensive houses often go for 2 @@CURRENCYPLURAL@@

Did something similar.
Australian Republic wrote:Option 3: There is no way of eliminating a national currency

I know. That's why, it explicitly states in the option that the currency will still be used, by some people.
My Published Issues
Death Note
This is a Modern-Tech nation. We only put a satellite and a man into space so far.
We are a Middle power, so if we die, so will some of the global economy.
We have the 8th largest sovereign wealth fund in the world. (RL world)
Pro: Regulations, Military, Law and Order
Anti: Freedom of speech, Discrimination, CHEWING GUM
Just so you know, I don't think like that. That stuff is roleplaying Singapore (itself, the real life nation)
I have many issues, and you can find the complete list here.

Quote of the year:
Fauxia wrote:Editors aren’t real people.

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Baggieland
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Postby Baggieland » Fri Dec 22, 2017 8:36 am

Singapore no2 wrote:a band of concerned citizens have approached you


I put 'concerned citizens' in one of my drafts not that long ago, and Candle chewed my butt off!! Apparently not to be used anymore!

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Singapore no2
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Founded: Apr 10, 2015
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Postby Singapore no2 » Fri Dec 22, 2017 8:49 am

Baggieland wrote:
Singapore no2 wrote:a band of concerned citizens have approached you


I put 'concerned citizens' in one of my drafts not that long ago, and Candle chewed my butt off!! Apparently not to be used anymore!

Fixed.
My Published Issues
Death Note
This is a Modern-Tech nation. We only put a satellite and a man into space so far.
We are a Middle power, so if we die, so will some of the global economy.
We have the 8th largest sovereign wealth fund in the world. (RL world)
Pro: Regulations, Military, Law and Order
Anti: Freedom of speech, Discrimination, CHEWING GUM
Just so you know, I don't think like that. That stuff is roleplaying Singapore (itself, the real life nation)
I have many issues, and you can find the complete list here.

Quote of the year:
Fauxia wrote:Editors aren’t real people.

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Antarctic Commonwealth of Equality
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Postby Antarctic Commonwealth of Equality » Fri Dec 22, 2017 10:52 am

Maybe an option to start government rationing of essential goods. That way people will still be able to survive while keeping the ability to print money freely.
Last edited by Antarctic Commonwealth of Equality on Fri Dec 22, 2017 1:47 pm, edited 1 time in total.
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Singapore no2
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Founded: Apr 10, 2015
Ex-Nation

Postby Singapore no2 » Fri Dec 22, 2017 8:59 pm

Antarctic Commonwealth of Equality wrote:Maybe an option to start government rationing of essential goods. That way people will still be able to survive while keeping the ability to print money freely.

Suggestion implemented.
My Published Issues
Death Note
This is a Modern-Tech nation. We only put a satellite and a man into space so far.
We are a Middle power, so if we die, so will some of the global economy.
We have the 8th largest sovereign wealth fund in the world. (RL world)
Pro: Regulations, Military, Law and Order
Anti: Freedom of speech, Discrimination, CHEWING GUM
Just so you know, I don't think like that. That stuff is roleplaying Singapore (itself, the real life nation)
I have many issues, and you can find the complete list here.

Quote of the year:
Fauxia wrote:Editors aren’t real people.

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Shwe Tu Colony
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Postby Shwe Tu Colony » Sat Dec 23, 2017 2:02 am

Orange words are suggestions, orange ellipsis are removed phrases, underlined words are comments.

[desc] Following the decision to allow private citizens to issue their own money, the @@CURRENCY@@ has been severely devalued to the point of being practically worthless. Bartering has become commonplace, with ... the official currency being completely unused. Realizing the potential for financial failure and structural instability, a band of impoverished citizens have approached you to offer their opinions on the matter.

[validity] Only valid for nations that chose 769.5 and have a physical currency

[option] "I haven't eaten anything for ages!" whines @@RANDOMNAME@@, a former economist, setting up a few mouse traps next to your desk. "I had close to one billion @@CURRENCYPLURAL@@, but when the hyper-inflation kicked in, my years of scrimping and saving were all for naught. You must prohibit ordinary citizens from producing money and dispatch our police to disrupt their current currency-creating activities. That's the only way to stop our economic system from completely collapsing."
[effect] businesspersons who make too much money are hauled in for questioning

[option] "Why would the police agree to that? After all, you have nothing to pay them with!" reasons a blacksmith, who is sharpening an axe on a grinding wheel. "I've got a suggestion. Since our currency is worth a thousand times less, it makes sense to redenominate it to something with much fewer zeros. The new @@CURRENCY@@ should be in the form of coins that are minted from only the most precious metals, so that their cost of production makes counterfeiting unprofitable. If there are no objections, I would like to get started on this project immediately."
[effect] the most expensive houses are often worth a few @@CURRENCY@@ coins

[option] "Redenomination will take too long," states @@RANDOMNAME@@, the Commissar of the Army, who is heating a soup can over a mound of burning banknotes. "What won't is enacting martial law and seizing the means of consumer goods production, placing them under government control. Afterwards, you can then set up a state rationing programme that will provide citizens with essential goods and thus quell... unrest. From now on and until the problem is resolved we shall issue ration cards instead of @@CURRENCY@@. As for halting money printing activities, it'll ... be a waste of resources to try."
[effect] government ration stamps are used more frequently that the official @@CURRENCY@@

[option] "What's so wrong with citizens engaging in barter trade?" questions a rather suspicions butcher with blood stains on her hands. "If individuals can obtain what they want through a fair exchange, then there's no problem, except maybe the amount of time it takes. It'll be better for everyone, I reckon, as they won't be exploited by big corporations, or some nice concept like that. The @@CURRENCY@@ can be displayed in museums as a piece of our history, and we can bask in a post-consumerist paradise. I'm sure that a few weirdos will still use it, but what do we care?"
[effect] most government officials have defected following the revelation that they would not be paid
[/quote]
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Singapore no2
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Posts: 984
Founded: Apr 10, 2015
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Postby Singapore no2 » Sat Dec 23, 2017 3:53 am

Thanks again, Shwe Tu Colony!
My Published Issues
Death Note
This is a Modern-Tech nation. We only put a satellite and a man into space so far.
We are a Middle power, so if we die, so will some of the global economy.
We have the 8th largest sovereign wealth fund in the world. (RL world)
Pro: Regulations, Military, Law and Order
Anti: Freedom of speech, Discrimination, CHEWING GUM
Just so you know, I don't think like that. That stuff is roleplaying Singapore (itself, the real life nation)
I have many issues, and you can find the complete list here.

Quote of the year:
Fauxia wrote:Editors aren’t real people.

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Fauxia
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Posts: 4827
Founded: Dec 22, 2016
Left-Leaning College State

Postby Fauxia » Sun Dec 24, 2017 3:23 pm

“with the official currency being completely unused. ” sounds bad. I would make this something about, idk, using the currency as paper notes or something, or else just rephrase a bit
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Singapore no2
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Posts: 984
Founded: Apr 10, 2015
Ex-Nation

Postby Singapore no2 » Sun Dec 24, 2017 8:01 pm

Fauxia wrote:“with the official currency being completely unused. ” sounds bad. I would make this something about, idk, using the currency as paper notes or something, or else just rephrase a bit

"Fallen in use" sound better?
My Published Issues
Death Note
This is a Modern-Tech nation. We only put a satellite and a man into space so far.
We are a Middle power, so if we die, so will some of the global economy.
We have the 8th largest sovereign wealth fund in the world. (RL world)
Pro: Regulations, Military, Law and Order
Anti: Freedom of speech, Discrimination, CHEWING GUM
Just so you know, I don't think like that. That stuff is roleplaying Singapore (itself, the real life nation)
I have many issues, and you can find the complete list here.

Quote of the year:
Fauxia wrote:Editors aren’t real people.

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Fauxia
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Posts: 4827
Founded: Dec 22, 2016
Left-Leaning College State

Postby Fauxia » Mon Dec 25, 2017 9:33 pm

Singapore no2 wrote:
Fauxia wrote:“with the official currency being completely unused. ” sounds bad. I would make this something about, idk, using the currency as paper notes or something, or else just rephrase a bit

"Fallen in use" sound better?
How about “falling out of use?”
Reploid Productions wrote:Unfortunately, Max still won't buy the mods elite ninja assassin squads to use, so... no such luck.
Sandaoguo wrote:GP is a den of cynics and nihilists
My opinions do not represent any NS governments I may happen to be in (yeah right), any RL governments I may happen to be in (yeah right), the CIA, the NSA, the FBI. the Freemasons, the Illuminati, Opus Dei, the Knights Templar, the Organization for the Advancement of Cultural Marxism, Opus Dei, or any other organization. Unless I say they do, in which case, there is a nonzero chance.

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Singapore no2
Diplomat
 
Posts: 984
Founded: Apr 10, 2015
Ex-Nation

Postby Singapore no2 » Mon Dec 25, 2017 9:52 pm

Fauxia wrote:
Singapore no2 wrote:"Fallen in use" sound better?
How about “falling out of use?”

Yeah. Much better.
My Published Issues
Death Note
This is a Modern-Tech nation. We only put a satellite and a man into space so far.
We are a Middle power, so if we die, so will some of the global economy.
We have the 8th largest sovereign wealth fund in the world. (RL world)
Pro: Regulations, Military, Law and Order
Anti: Freedom of speech, Discrimination, CHEWING GUM
Just so you know, I don't think like that. That stuff is roleplaying Singapore (itself, the real life nation)
I have many issues, and you can find the complete list here.

Quote of the year:
Fauxia wrote:Editors aren’t real people.

User avatar
Singapore no2
Diplomat
 
Posts: 984
Founded: Apr 10, 2015
Ex-Nation

Postby Singapore no2 » Thu Dec 28, 2017 8:48 pm

Any more changes?
My Published Issues
Death Note
This is a Modern-Tech nation. We only put a satellite and a man into space so far.
We are a Middle power, so if we die, so will some of the global economy.
We have the 8th largest sovereign wealth fund in the world. (RL world)
Pro: Regulations, Military, Law and Order
Anti: Freedom of speech, Discrimination, CHEWING GUM
Just so you know, I don't think like that. That stuff is roleplaying Singapore (itself, the real life nation)
I have many issues, and you can find the complete list here.

Quote of the year:
Fauxia wrote:Editors aren’t real people.

User avatar
Singapore no2
Diplomat
 
Posts: 984
Founded: Apr 10, 2015
Ex-Nation

Postby Singapore no2 » Fri Dec 29, 2017 7:28 pm

Last call for amendments.
My Published Issues
Death Note
This is a Modern-Tech nation. We only put a satellite and a man into space so far.
We are a Middle power, so if we die, so will some of the global economy.
We have the 8th largest sovereign wealth fund in the world. (RL world)
Pro: Regulations, Military, Law and Order
Anti: Freedom of speech, Discrimination, CHEWING GUM
Just so you know, I don't think like that. That stuff is roleplaying Singapore (itself, the real life nation)
I have many issues, and you can find the complete list here.

Quote of the year:
Fauxia wrote:Editors aren’t real people.

User avatar
Singapore no2
Diplomat
 
Posts: 984
Founded: Apr 10, 2015
Ex-Nation

Postby Singapore no2 » Mon Jan 01, 2018 10:16 pm

Submitted.
My Published Issues
Death Note
This is a Modern-Tech nation. We only put a satellite and a man into space so far.
We are a Middle power, so if we die, so will some of the global economy.
We have the 8th largest sovereign wealth fund in the world. (RL world)
Pro: Regulations, Military, Law and Order
Anti: Freedom of speech, Discrimination, CHEWING GUM
Just so you know, I don't think like that. That stuff is roleplaying Singapore (itself, the real life nation)
I have many issues, and you can find the complete list here.

Quote of the year:
Fauxia wrote:Editors aren’t real people.


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