USIH Bank & Trust℠ (Currency Exchange, Investments, ATMs)

[Independence Hill]

All metrices are calculated using NS Trends. On the 'Trends' screen, you'll see a button below that can measure your own region. Time is measured by setting one NS year = one Earth day. This report is subject to change from NS year to NS year (day to day) and at least some NS years won't have a report at all.
States may create and use their own currencies, but the Universal Treasury Note is the one and only official currency of the United States of Independence Hill and must legally be accepted everywhere within the United States of Independence Hill.
------------------------------------------------------------General Information----------------------------------
Date: 2/17/2022

Total Population: 38.068 B

National Civil Rights: 68.72 (Very Good)

National Economy: 88.8 (Thriving)

National Political Freedom: (Very Good)

Avg IQ: 105.56

------------------------------------------------------------------------Productivity Economy---------------------------------

GRP: []3.830 Q

GRP Per Capita: []100,609.44

Money Supply: []3.780 Q

Velocity of Money: 1.01

Exchange Rate: []1.00 = $2.95

Avg Income: Poorest 10%: []37,881.61 ($111,750.75) | Middle Class: []94,039.23 ($277,415.73) | Wealthiest 10%: []249,893.00 ($737,184.35)

Consumer Spending: []440.141 T ($1.23 Q)

Savings & Investment: []3.39 Q ($10.001 Q)

Unemployment Rate: 3.66%

Minimum Wage: []10.81/hr ($31.89/hr)

Avg Cost of an Automobile: []10,221.76 ($30,154.19)

Avg Cost of a Gallon of Gasoline: []0.94/Gal ($2.77/Gal)

Avg Cost of a Residential Property: []139,416.43 ($411,278.47)

Avg Monthly Rental Costs: []159.85/Month ($471.56/Month)

[Union of Nobelia]

Are you still doing financial reports?
If so, can you tell me the current situation in my country. Thanks in advance.

[Independence Hill]

Are you still doing financial reports?
If so, can you tell me the current situation in my country. Thanks in advance.

Yes I can. I'm just now seeing this message. I'll post it here when I finish it.

[Anagonia]

If you're still doing reports, may we request one for ourselves? Thank you.

[Kykid8]

---

Official Communiqué of the UKK Ministry of International Affairs
To: The United States of Independence Hill
From: Minister George Granteez; Minister's Office

---

Greetings,

On behalf of my beloved nation, the United Kingdom of Kykid8, I formally request an in-depth Economic Report to be used in the near future with our new banking partner, IdeaCorp and their subsidiary bank. In order to transition and accept both NationStates Dollars (N$) and the Universal Treasury Note (UTN), we would like an Independence Hill economic report.

Thank you for your time and consideration. We would love to work with you and your provided services in the future.

---

Sincerely,
Minister George Granteez

[Independence Hill]

Are you still doing financial reports?
If so, can you tell me the current situation in my country. Thanks in advance.

------------------------------------------------------------General Information----------------------------------
Date: 08/29/21

Total Population: 4.809 B

National Civil Rights: 74.89 (Superb)

National Economy: 100.23 (Frightening)

National Political Freedom: 75.52 (Superb)

Avg IQ: 136.16

------------------------------------------------------------------------Economy---------------------------------

GDP: 980 T Kings

GDP Per Capita: 203,784.57 Kings

Money Supply: 930 T Kings ------Money has to be kept out of supply to control its value.

Velocity of Money: 1.05 -------------This is the rate at which money exchanges hands. It's not bad, but you really don't want this going on an upward trend.

Exchange Rate: 1.00 King = $5.02 ------------------This is very high. You should consider moving to a very large, very poor region to take advantage of cheap imports. If you do choose this option, legislatively focus on the most important part of your industry and let the other sectors slowly fall to the way side. You'll just import what you need and your population will suddenly see an increase in buying power.

Avg Income: Poorest 10%: 182,415.39 Kings ($915,725.25) | Middle Class: 203,823.00 Kings ($1,023,191.46)| Wealthiest 10%: 225,136.00 Kings ($1,130,182.72) -----------------------------Too much income equality. The general idea is to ensure that your bottom 10% can afford to participate within the economy within reason. Watch for inflation. You don't want too much money chasing too few goods.

Consumer Spending: 769 T Kings ($3.860 Q) ------------------------------------------This indicates that inflation is on the rise. There's simply too much money and not enough goods for sale.

Savings & Investment: 211 T Kings ($1.059 Q)---------------------People can't save much money because costs are too high.

Unemployment Rate: 2.37% -------------------------This figure will increase the more you import. The sector of industry you choose to focus on must grow to absorb the impact of job loss. Transfer the value you gain from importing cheap goods to things like education and business subsidies for your focal industry. Keep growth of income outpacing growth of costs always.

Minimum Wage: 12.68 Kings/hr ($63.65/hr) --------------This would be a good number if cost of goods weren't so high.

Avg Cost of an Automobile: 151,465.27 Kings ($760,355.66) ------------------------You aren't producing or importing enough automobiles to match the level of demand in your nation. Because of this, the price of an automobile has skyrocketed and back orders go on for miles. If you buy an automobile today, you'll have to pay today but you won't get your purchase for a few years- my guess is 10 earth days (1 NS year = 1 Earth Day).

Avg Cost of a Gallon of Gasoline: 4.33 Kings/Gal ($21.73/Gal)--------------If you can get your automobile costs down, fuel costs will follow.

Avg Cost of a Residential Property: 753,642.85 Kings ($3,783,287.12)----------------------Property values are overinflated because you're using your own materials instead of importing them.

Avg Monthly Rental Costs: 388.70 Kings/Month ($1,951.274)--------------------------------------The higher economic classification you have, the higher the rent multiplier. In your case, it's x1.75. If you can get your property costs down, rent will follow.

You really should consider moving to a very large, poor region. They have a to sell and you have a strong currency. When it comes to your imports and exports, the trends screen will be easy enough to read. In any given sector of industry, a region outperforming a member nation means that member nation imports. There's no reason to outperform any other nation in the region if you already have a strong currency. It serves no purpose to be the largest exporter and have a strong currency. I hope this report helps and I'm sorry it's a little late.

[Independence Hill]

(Image)

---

Official Communiqué of the UKK Ministry of International Affairs
To: The United States of Independence Hill
From: Minister George Granteez; Minister's Office

---

Greetings,

On behalf of my beloved nation, the United Kingdom of Kykid8, I formally request an in-depth Economic Report to be used in the near future with our new banking partner, IdeaCorp and their subsidiary bank. In order to transition and accept both NationStates Dollars (N$) and the Universal Treasury Note (UTN), we would like an Independence Hill economic report.

Thank you for your time and consideration. We would love to work with you and your provided services in the future.

---

Sincerely,
Minister George Granteez

I would be happy to do an economic report for your nation. I'll post it here. It may take a day or two. I definitely appreciate the fact that you want one. It's really good that some people want a defact economic system where everyone is on the same page.

[Independence Hill]

If you're still doing reports, may we request one for ourselves? Thank you.

These reports do take some time to complete. I'm doing this on top of college coursework. I should have results posted in a few days.

[NORTH TELANGANA]

Role play done real- How does your economy measure up?

All metrices are calculated using NS Trends. On the 'Trends' screen, you'll see a button below that can measure your own region. Time is measured by setting one NS year = one Earth day. This report is subject to change from NS year to NS year (day to day) and at least some NS years won't have a report at all.
States may create and use their own currencies, but the Universal Treasury Note is the one and only official currency of the United States of Independence Hill and must legally be accepted everywhere within the United States of Independence Hill.

------------------------------------------------------------General Information----------------------------------

Date: 4/6/21

Total Population: 28.02 B

National Civil Rights: 70.17 (Excellent)

National Economy: 89.76 (Thriving)

National Political Freedom: 66.65 (Very Good)

Avg IQ: 105.07

------------------------------------------------------------------------Economy---------------------------------

Unemployment Rate: 3.75%

Minimum Wage: []11.24/Hr ($32.15/Hr)

GRP: []2.642 Q

GRP Per Capita: []94,289.79

Exchange Rate: []1.00 = $2.86

Avg Income: Poorest 10%: []36,473.04 ($104,312.89) | Middle Class: []88,579.43 ($253,337.17) | Wealthiest 10%: []231,980.00 ($663,462.80)

Avg Cost of a Gallon of Gasoline: []1.01/Gal ($2.89/Gal)

Avg Cost of an Automobile: []11,698.50 ($33,457.71)

Avg Monthly Rental Costs: []156.64 ($447.99)

Avg Cost of a Residential Property: []131,679.26 ($376,602.68)

------------------------------------------------------------------Federal Budget----------------------------------------

Federal Tax Rate: 55.3% (cut off at 25.8% of GRP)

Federal Revenue: +[]681.636 T ($1.949 Q)

Federal Spending: -[]117 T ($334.62 T)

Purchases: Imperial Oil Products $123 B, United Weapons Manufacturing $2.9 T, Interstate Highway Construction []5 T.

Asset Upkeep -[]1 T (Regional Interstate Highway Maintenance)

Surplus/Deficit: +[]557.274 T ($1.594 Q)

Cash On Hand: []3.31 Q ($9.47 Q)

We the nation of NORTH TELANGANA would like a report of its nation, to improvise standards. Looking for greater cooperation between our regions.

[Independence Hill]

Role play done real- How does your economy measure up?

All metrices are calculated using NS Trends. On the 'Trends' screen, you'll see a button below that can measure your own region. Time is measured by setting one NS year = one Earth day. This report is subject to change from NS year to NS year (day to day) and at least some NS years won't have a report at all.
States may create and use their own currencies, but the Universal Treasury Note is the one and only official currency of the United States of Independence Hill and must legally be accepted everywhere within the United States of Independence Hill.

------------------------------------------------------------General Information----------------------------------

Date: 4/6/21

Total Population: 28.02 B

National Civil Rights: 70.17 (Excellent)

National Economy: 89.76 (Thriving)

National Political Freedom: 66.65 (Very Good)

Avg IQ: 105.07

------------------------------------------------------------------------Economy---------------------------------

Unemployment Rate: 3.75%

Minimum Wage: []11.24/Hr ($32.15/Hr)

GRP: []2.642 Q

GRP Per Capita: []94,289.79

Exchange Rate: []1.00 = $2.86

Avg Income: Poorest 10%: []36,473.04 ($104,312.89) | Middle Class: []88,579.43 ($253,337.17) | Wealthiest 10%: []231,980.00 ($663,462.80)

Avg Cost of a Gallon of Gasoline: []1.01/Gal ($2.89/Gal)

Avg Cost of an Automobile: []11,698.50 ($33,457.71)

Avg Monthly Rental Costs: []156.64 ($447.99)

Avg Cost of a Residential Property: []131,679.26 ($376,602.68)

------------------------------------------------------------------Federal Budget----------------------------------------

Federal Tax Rate: 55.3% (cut off at 25.8% of GRP)

Federal Revenue: +[]681.636 T ($1.949 Q)

Federal Spending: -[]117 T ($334.62 T)

Purchases: Imperial Oil Products $123 B, United Weapons Manufacturing $2.9 T, Interstate Highway Construction []5 T.

Asset Upkeep -[]1 T (Regional Interstate Highway Maintenance)

Surplus/Deficit: +[]557.274 T ($1.594 Q)

Cash On Hand: []3.31 Q ($9.47 Q)

We the nation of NORTH TELANGANA would like a report of its nation, to improvise standards. Looking for greater cooperation between our regions.

I'll add you to the list and these will be done in order of who asked first. These reports take time. Please check back in a few days.

[Texkentuck]

The Texkentuck Federal Reserve is interested in seeing your banks statistics on our nation. Please do a report for our nation for greater cooperation in world trade....


Our statistics:
Gross Domestic Product: $21,722,500,000,000.00
GDP Per Capita: $19,308.89
Average Salary Per Employee: $28,897.40
Unemployment Rate: 9.87%
Consumption: $16,585,883,595,571.20
Exports: $5,259,666,172,928.00
Imports: $5,252,308,795,392.00
Trade Net: 7,357,377,536.00


Texkentuck Federal Reserve

[Independence Hill]

------------------------------------------------------------General Information----------------------------------

Date: 2/17/22

Total Population: 7.880 B

National Civil Rights: 66.45 (Very Good)

National Economy: 100.13 (Frightening)

National Political Freedom: 67.34 (Very Good)

Avg IQ: 129.73

------------------------------------------------------------------------Productivity Economy---------------------------------

GRP: []1.194 Q

GRP Per Capita: []151,522.84

Money Supply: []1.144 Q

Velocity of Money: 1.04

Exchange Rate: []1.00 = $4.33

Avg Income: Poorest 10%: []75,829.92 ($328,343.55) | Middle Class: []151,248.86 ($654,907.56) | Wealthiest 10%: []324,181.00 ($1,403,703.73)

Consumer Spending: []275.758 T ($1.194 Q)

Savings & Investment: []918,242 T ($3.975 Q)

Unemployment Rate: 2.55%

Minimum Wage: []7.89/hr - []15,148.80/yr ($34.16/hr - $65,587.20/yr)

Avg Cost of an Automobile: []12,847.54 ($55,629.85)

Avg Cost of a Gallon of Gasoline: []1.26/gal ($5.46/gal)

Avg Cost of a Residential Property: []209,381.40 ($906,621.50)

Avg Monthly Rental Costs: []409.57/mo ($1,773.43/mo)

------------------------------------------------------------------Federal Budget----------------------------------------

Federal Tax Rate: 72.5%

Federal Revenue: 29% of GRP ($346.26 T)

Federal Spending: []235 T ($1.017 Q)

Surplus/Deficit: +[]111.26 T ($481.76)

Cash On Hand: Obscene- more than we know what to do with. Can spend one quadrillion UTN per NS year (one earth day) for several game millennia and still not go broke. We are financially immortal. We cannot be bankrupted.

[Independence Hill]

All metrices are calculated using NS Trends. On the 'Trends' screen, you'll see a button below that can measure your own region. Time is measured by setting one NS year = one Earth day. This report is subject to change from NS year to NS year (day to day) and at least some NS years won't have a report at all.
States may create and use their own currencies, but the Universal Treasury Note is the one and only official currency of the United States of Independence Hill and must legally be accepted everywhere within the United States of Independence Hill.

------------------------------------------------------------General Information----------------------------------

Date: 2/23/2022

Total Population: 9.284 B

National Civil Rights: 68.72 (Very Good)

National Economy: 88.01 (Thriving)

National Political Freedom: 73.61 (Superb)

Avg IQ: 109.01

------------------------------------------------------------------------Productivity Economy---------------------------------

GRP: []1.263 Q

GRP Per Capita: []136,040.50

Money Supply: []1.213 Q

Velocity of Money: 1.041

Exchange Rate: []1.00 = $3.43

Avg Income: Poorest 10%: []59,458.69 ($203,943.31) | Middle Class: []118,042.58 ($404,886.05) | Wealthiest 10%: []247,163.00 ($847,769.09)

Consumer Spending: []368.231 T ($1.263 Q)

Savings & Investment: []894.769 ($3.069 Q)

Unemployment Rate: 3.92%

Minimum Wage: []8.54/hr ($29.29)

Barrels of Oil Produced: 128,012,850 Barrels

Price Per Barrel of Oil: []133.11/Barrel ($460.56/Barrel)

Avg Cost of an Automobile: []9,647.85 ($33,381.56)

Avg Cost of a Gallon of Gasoline: []3.33/Gal ($11.52/Gal)

Avg Cost of a Residential Property: []157,826.00 ($546,077.96)

Avg Monthly Rental Costs: []210.88/Month ($729.64/Month)

[Independence Hill]

/bump

[Texkentuck]

Nation Name: Texkentuck Monarchy Republic Federation-U.C.C.R
The Texkentuck Monarchy Republic Federation of Union Conservative Capitalist Republic has the new federal exchange building for world markets to cooperate and invest in diffirent companies to gain a profit. In the nation Texkentuck Monarchy Republic Federation hedge funds are illegal. The federal exchange allows for investers big and small to compete with out a sector shut down by a dominant group of investors. Private companies and nations may participate in our investments and get a fair return. Foregin hedge funds are allowed but do not control our markets.....

The Texkentuck World Exchange 7471 Capitalist Blvd. Union City, Unitedland Texkentuck Monarchy Republic Federation-Union Conservative Capitalist Republic

How much do you want to deposit? We would like like to deposit 200,000 TexkMarks with 100,000 in gold according to your nations currency.
Do you have any other accounts with us? Not at this time
Do you agree with the $500,000.00 fee to open the account? Our nation agrees with the 500,000.00 fee but we expect a return in investment in 25 years. - Texkentuck Federal Exchange. We ask for an immediate return of the 200,000 that's left if the rate drops in your nations currency below an exchange rate of $1.35. The gold is used for your banking system to protect the investments if the currency or deals drop. We encourage cooperation with our institution if such happens.

[Independence Hill]

Nation Name: Texkentuck Monarchy Republic Federation-U.C.C.R
The Texkentuck Monarchy Republic Federation of Union Conservative Capitalist Republic has the new federal exchange building for world markets to cooperate and invest in diffirent companies to gain a profit. In the nation Texkentuck Monarchy Republic Federation hedge funds are illegal. The federal exchange allows for investers big and small to compete with out a sector shut down by a dominant group of investors. Private companies and nations may participate in our investments and get a fair return. Foregin hedge funds are allowed but do not control our markets.....
(Image)
The Texkentuck World Exchange 7471 Capitalist Blvd. Union City, Unitedland Texkentuck Monarchy Republic Federation-Union Conservative Capitalist Republic

How much do you want to deposit? We would like like to deposit 200,000 TexkMarks with 100,000 in gold according to your nations currency.
Do you have any other accounts with us? Not at this time
Do you agree with the $500,000.00 fee to open the account? Our nation agrees with the 500,000.00 fee but we expect a return in investment in 25 years. - Texkentuck Federal Exchange. We ask for an immediate return of the 200,000 that's left if the rate drops in your nations currency below an exchange rate of $1.35. The gold is used for your banking system to protect the investments if the currency or deals drop. We encourage cooperation with our institution if such happens.

Application accepted. It has been determined by our economists that 1 texk mark trades at $4.30. We'll convert your Texk Marks to Universal Treasury Notes.

Summary of transaction

UTN Exchange Rate: []1.00 = $3.44
Account Fee: $500,000.00 (116,279.06 Texk Marks)
Currency Invested: 200,000 Texk Marks for []251,744.19
Total Account Balance: []251,744.19

[Communist Beijing Must be China]

Hello there. I would like an economic health report.

[Ambrossa]

One economic health report and a 500 billion credit loan

[Independence Hill]

Hello there. I would like an economic health report.

Economic Health Report for Communist Beijing Must be China

------------------------------------------------------------General Information----------------------------------
Date: 2/27/22

Total Population: 1.632 B

National Civil Rights: 49.44 (below average)

National Economy: 98.86 (Frightening)

National Political Freedom: 56.76 (Average)

Avg IQ: 126.43

------------------------------------------------------------------------Productivity Economy---------------------------------

GRP: sp226.0 T

GRP Per Capita: sp138,480.39

Money Supply: sp225.95 T

Velocity of Money: 1.0002

Exchange Rate: sp1.00 = $4.14

Avg Income: Poorest 10%: sp91,836.39 ($380,202.65) | Middle Class: sp138,558.83 ($573,633.56) | Wealthiest 10%: sp199,061 ($824,112.54)

Consumer Spending: sp54.5 T ($225.63 T)

Savings & Investment: sp171.5 T ($710.01 T)

Unemployment Rate: 2.92%

Minimum Wage: sp13.90/hr ($57.55/hr)

Barrels of Oil Produced : 310,951,500 Barrels/NS Year (1 NS year = 1 earth day)

Price Per Barrel of Oil: sp78.72/barrel ($325.90/barrel)

Avg Cost of an Automobile: sp20,548.96 ($85,072.69)

Avg Cost of a Gallon of Gasoline: sp6.20/gal ($25.67/gal)

Avg Cost of a Residential Property: sp383,501.83 ($1,587,697.57)

Avg Monthly Rental Costs: sp318.77/month ($1,319.71/month)

Because you have a negative value attached to your automobile market, our economists interpret that you import your auto parts from your closest neighbors. Your price per gallon of gas is high because you have only today's oil supply to calculate from. The more your oil supplies grow, the lower your prices for gas. You can expect to refine 20 gallons of gas for every 1 barrel of oil.

[] = symbol for Universal Treasury Note
sp = Sen Paier
$ = Nation States Standard Dollar

Thank you for choosing The USIH Bank & Trust. When it comes to banking, you deserve better!

[Independence Hill]

One economic health report and a 500 billion credit loan

Your report is next. I'll calculate it up for you and determine your interest rate for your credit line.

[Ambrossa]

One economic health report and a 500 billion credit loan

Your report is next. I'll calculate it up for you and determine your interest rate for your credit line.

OK

[Independence Hill]

One economic health report and a 500 billion credit loan

Credit Line Approved. $500,000,000,000 line of credit (0.657894737% of your GDP) with an assigned interest rate of 10.04%, payments are scheduled for every 30 NS Years (30 Earth Days).

How we determined your interest rate: √(Credit Line Nation Requested / Nation's Unemployment Rate)
Example: √(500.000 / 4.96)


Economic Health Report for Ambrossa
------------------------------------------------------------General Information----------------------------------
Date: 2/27/22

Total Population: 836 million

National Civil Rights: 41.21 (Some)

National Economy: 78.15 (Very Strong)

National Political Freedom: 47.62 (Below Average)

Avg IQ: 98.83

------------------------------------------------------------------------Productivity Economy---------------------------------

GRP: Am76.0 T

GRP Per Capita: Am90,909.09

Money Supply: Am26.0 T

Velocity of Money: 2.923 (This number will quiet down as time goes on if you have continuous growth. It's a soft indicator of inflation but that's expected for younger nations)

Exchange Rate: Am1.00 = $2.60

Avg Income: Poorest 10%: Am62,331.34 ($162,061.48) | Middle Class: Am90,933.38 ($236,426.79)| Wealthiest 10%: Am126,915.00 ($329,979.00)

Consumer Spending: Am28.6 T ($74.36 T)

Savings & Investment: Am47.4 T ($123.24 T)

Unemployment Rate: 4.96%

Minimum Wage: Am19.06/hr ($49.56/hr)

Barrels of Oil Produced : 284,661,300 Barrels

Price Per Barrel of Oil: Am86.96/barrel ($226.10/barrel)

Avg Cost of an Automobile: Am24,727.32 ($64,291.03)

Avg Cost of a Gallon of Gasoline: Am4.60/gal ($11.96/gal)

Avg Cost of a Residential Property: Am192,839.93 ($501,383.82)

Avg Monthly Rental Costs: Am171.44/Month ($445.74)

[Ambrossa]

Thanks.
A $50 minimum wage? How?

[Independence Hill]

Thanks.
A $50 minimum wage? How?

There are a few reasons.

1. Your currency is strong. 19 of your currency buys 49 and a half NS standard dollars.
2. Most of your unemployed are in the gulf between those that make the minimum wage and the top salaries of the poorest 10%.
3. Your levels of inflation, which your velocity of money softly indicates, collide with your strong public education sector.
4. Young nations go through economic growing pains.

I suggest trying to maintain income growth outpacing rising costs of goods. The more your economy improves, the higher prices become.

[Ambrossa]

Thanks.
A $50 minimum wage? How?

There are a few reasons.

1. Your currency is strong. 19 of your currency buys 49 and a half NS standard dollars.
2. Most of your unemployed are in the gulf between those that make the minimum wage and the top salaries of the poorest 10%.
3. Your levels of inflation, which your velocity of money softly indicates, collide with your strong public education sector.
4. Young nations go through economic growing pains.

"Economic growing pains" lol
Thanks!