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Simcountry is an Online Digital World where you are the President of a country.
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Two easy(?) Financial improvements (Kebir Blue)

Simcountry: Simcountry Bulletin Board  Two easy(?) Financial improvements (Kebir Blue)

Imprudent Spender (Fearless Blue)

Saturday, November 06, 2004 - 03:07 am Click here to edit this post
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Really,why is their lowest interest rate. Why not base interest rates upon a market, just as all all other goods are bought and sold. Few are willing to borrow at 4% but many are willing to lend,
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That's because you have no choice but to lend at 4%. Seems foolish to me -- why not, as you say, have a loan market to which the World Bank and other players can respond.

Oddly you can give a maximum period for the loan but a loan request is always for 36 months (at least that's all I've ever seen -- automatically 36 months and no way to change it). Again, seems needlessly & unreaslistically limiting.

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