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| Wednesday, September 24, 2014 - 10:11 pm |
These investment funds are hard earned monies that i have spent considerable time building. They are a store of wealth that can be extracted using a corporation and stock sales so to say that they are insignificant simply is not true.
why will you not acknowledge that the game mechanic regarding the investment funds is broken?
why is the money in my investment fund disappearing?
| Wednesday, September 24, 2014 - 10:18 pm |
to reference what Aries said, my account, is 4-6 months younger than his, the size of my IFs, isn't a matter of what the GC conversion used to be, but what i choose to put into them! game cash, that frankly, is just being taken from me, because you believe i don't deserve it.
| Wednesday, September 24, 2014 - 11:10 pm |
The part of the investment fund that is being restructured is the cash part, largely originating from contributions by the population, less the amounts paid to workers and the major contributions, coming from interest.
Interest should be set to zero or lower as it does not come from any investment made by the fund but it is paid by the gamemaster.
There is no reason for the GM to do this.
Also, most of the cash originates from the time money was worthless.
You can escape all these changes of course, by purchasing shares and investing all the cash.
this is not happening in most countries.
Most of the assets are cash.
having huge funds cash in all countries makes them worthless and insignificant.
Everybody is rich but cannot use the money for anything at all that can make any difference in the country.
There is no way to mix these funds with the country cash, it was never the case.
The profit of the fund should come from investments, cash should be reduced and interest rates even negative, to make sure presidents are investing the cash.
Nobody lost any 40T here. and no fund should have 40T in the first place.
The fund will either remain insignificant, and side tracked as it was until now or it can be restructured and get a real part to play.
Currently, there are other, more urgent issues and we do not plan any significant change in the role of the funds.
We will zero the interest paid by the gamemaster.
we will discuss the possibility of a negative interest rate or leave it at zero.
we will also look into the contributions to the funds and the use of the funds as an extra income to the workers which was always a small amount.
All these amounts, adding and subtracting is quite confusing to most players, have zero influence on the economies of the countries and are in fact unnecessary complexities in the game.
The only good thing to do with this money is to purchase shares. This will of course remain as it always has been. more incentives to do so can help.
| Thursday, September 25, 2014 - 12:20 am |
"The part of the investment fund that is being restructured is the cash part, largely originating from contributions by the population, less the amounts paid to workers and the major contributions, coming from interest."
1. "The part of the investment fund that is being restructured is the cash part....coming from interest"
If you mean to say the dividends now have a negative effect on the cash level of the fund, this is correct.
2. " largely originating from contributions by the population"
This is not true for those that work on their funds. Dividends account for 2 or 3 times the amount added to the cash level of the funds compared to worker contributions for most of my funds.
3. "Interest should be set to zero or lower as it does not come from any investment made by the fund but it is paid by the gamemaster. "
Interest should be paid by the magical World Bank at rates somewhat lower than it itself loans out. Would it not make sense that this is the source of the funds the World Bank has available to loan out rather than some non-game generated source?
4. "Also, most of the cash originates from the time money was worthless. "
Can you define this time period. My account is from 12-2012. When was money worthless? Is it worthless now?
5. "There is no way to mix these funds with the country cash, it was never the case. "
How simple do we want to make this game? Of course I have ways to influence a balance of country funds and investment funds. I choose when and at what value to IPO corps. I choose tax rates and profit sharing. I can sell shares from different countries and enterprises to funds at any time at prices high or low. I made choices to grow my funds before any GM declared that fund's cash was worthless.
6. "Nobody lost any 40T here. and no fund should have 40T in the first place. "
How about some notice? I would have made different decisions. Anything else I should know coming that might effect game-play?
At least with weapons and ammo, I got some notice before gradual decreases in their value. If I paid $15 million each for weapons that now cost $10 million, would you say I lost $5 million/weapon? Again, This change had the benefit of notice and being a gradual change. I changed my game-play to compensate and did not feel blindsided. The change to funds had neither of those things.
7. "We will zero the interest paid by the gamemaster. "
Good. Take away the free money the "World Bank" has to lend and have it pay the interest to the funds for the rights to lend their cash.
8. "All these amounts, adding and subtracting is quite confusing to most players"
Welfare index, running corps, and taking a level 2 C3 is confusing to most players. It's a good thing some experienced players are interested in growing the game and spend their time helping these players. Your welcome.
9. "The fund will either remain insignificant, and side tracked as it was until now or it can be restructured and get a real part to play. "
Side track it has my vote over this. Go ahead and take my side track vote to any other change that takes my stuff without notice.
10. "The only good thing to do with this money is to purchase shares. This will of course remain as it always has been. more incentives to do so can help"
So, the funds buy shares, they earn dividends which are then deducted from the available cash of the funds. How long can that last? This is the global effect that I was referring to earlier.
Alright back to this one
"Nobody lost any 40T here. and no fund should have 40T in the first place."
Maybe I should ask what I should have because this did not seem unusual to me. My main had $56.68 Trillion in cash alone the last time I counted and my funds on LU totaled $214.39 Trillion in cash from a total of $442.22 Trillion in value.
I just counted $655 Trillion in country and enterprise cash/loans right now. Should I have that?
I have $715 Trillion in military assets counted from the finance pages. This is before quality so, conservatively, it comes to some $2000 Trillion+ after quality. Should I have that?
Please tell me what I should have and what I should do with the rest.
Now for a better idea. Why don't you consider providing an option to allow players to spend their built up funds for a real benefit? The premise is these funds don't do anything.
Allow the players who want to keep their worthless funds to do so with the way things work now and allow other players to trade in their funds to purchase things, whether it is some conversion to gold coins, game money, population, or whatever.
Be creative. This allows the GM to estimate his value of removing these funds from the game world versus the player's own valuation of those funds. The store could be a limited time option before some detailed, community-discussed, announced well-ahead of time, awesome, new features in the future.
Just, until then, at least, give me the option to keep my funds, my cash, and the dividends that I worked and planned for.