Post by Elvis on Aug 17, 2012 13:16:45 GMT -5
Howdy Pardners.
The national currency is the Dolla or $. As it's really hard to create an economy on these I am trying to create what is a simple market economy. What we do is we create a certain amount of money and put it into circulation and allow people to trade for whatever they want. As people have to attempt to get the money off of each other, then there is already a form of demand. It is up to them try try and create the supply for areas of demand which people will create the money for.
The Central Bank at this point has $10,000 in circulation. As inflation increases the bank will put more money into the economy.
I hope this works.
Will pay people for initial contributions until the central bank has $0. Then we can print more in reserve and increase the amount of money as the population increases.
The national currency is the Dolla or $. As it's really hard to create an economy on these I am trying to create what is a simple market economy. What we do is we create a certain amount of money and put it into circulation and allow people to trade for whatever they want. As people have to attempt to get the money off of each other, then there is already a form of demand. It is up to them try try and create the supply for areas of demand which people will create the money for.
The Central Bank at this point has $10,000 in circulation. As inflation increases the bank will put more money into the economy.
I hope this works.
Will pay people for initial contributions until the central bank has $0. Then we can print more in reserve and increase the amount of money as the population increases.