Discussion about Automating an Economic System

[Uncle Damn]

Summer holidays?

Citizen of the Micronation of Pacary

[Peter Little]

Well for us in School, it is comming up.

Pete Little
National Affairs Minister of South Mondesia
Minister of Culture of Tymaria

[Sander042802]

hmm... the Pacary Economy is totally screwed up. We're having an economy crisis without actually having an economy!



Anyway, or former Chief of Econ has resigned, the CEPE act is being approved by the congress... we'll make it.



I think a Bank Forum with a bank director (moderator) is the best way... If you can do it in CGI that's cool but most micronations haven't got that possibility. And there are risks. What if someone misprograms the subroutine to transfer money, for instance...

	Sander Dieleman Chancellor of the Micronation of Pacary http://www.pacary.tk/ http://www.pacaryforums.tk/ VP of Operations of Bobbesian Airways

Quan nos esteramos reunis, le munde esteras complete de nove - me

[Ari Rahikkala]

Quote: What if someone misprograms the subroutine to transfer money, for instance...

I did, and nobody cared ...

Quote: If you can do it in CGI that's cool but most micronations haven't got that possibility.

Except if you have one bank for all nations. It would take a little space on the server, but then every nation that needs a bank could use it. It would promote intermicronational trade better than any other system I can think of - only a few clicks needed for that which would require two posts in different forums with the bank forum system. See my introduction to GIBS, which I will post as soon as I have written the most fundamental parts of the program...

"It ain't over 'till the fat lady sinks."
--the Inquisition's witchcraft test

[Kennendras]

So now we need some people to start working on the code.  Any volenteers?

Emperor Kennendras

Foreign Minister

Webmaster

The Realm of Tallandor




"Talk softly and carry a big stick"

"Facts are chains that bind and fetter truth, for a man can remake the world if he has no facts to cloud his mind"

[Ari Rahikkala]

I've already volunteered . You don't really need to have many people writing a program that won't be much more than a bit of glue between a CGI library and a MySQL library... But free time will be needed, and I won't have enough of it to start before June 1st.

"It ain't over 'till the fat lady sinks."
--the Inquisition's witchcraft test

[Sander042802]

would certainly be cool...



But micronational economies are in general... Different. Do you think it's possible to adapt one central bank to all those different economies? Of course, this depends on who the participants are.

	Sander Dieleman Chancellor of the Micronation of Pacary http://www.pacary.tk/ http://www.pacaryforums.tk/ VP of Operations of Bobbesian Airways

Quan nos esteramos reunis, le munde esteras complete de nove - me

[Knight Magistrate]

Why not? the Europeans did it...if you read the Statute of the Treaty creating it, though, it's durned long...though again, it'll be a handful to maintain...

Chrysostom of Jerusalem Speaker of the House of Peoples Treasurer of the United Republic United Republic of Tymaria Doge of the Palpatines State of Machiavellia Brigadier, Tymarian Army (Reserve) MoD#783PA9229AB6I06Y Associate Justice League of Micronations Intermicronational Court of Justice Archivist League of Micronations As Kunshuhito Wa Resident of the City of Ex, Province of Ex Umbagollah As Crisostomo de la Cruz Ibarra NGS Independent Representative California 36th District Home of Loyola Marymount

[Sander042802]

Well I think... macronational economies are all more or less the same, and it's easier to calculate the excange rates. I think every micronationalist has a different view on how to simulate an economy (this caused our crisis) and therefore, it could be difficult to adapt certain micronations' economies to eachother. I think.

	Sander Dieleman Chancellor of the Micronation of Pacary http://www.pacary.tk/ http://www.pacaryforums.tk/ VP of Operations of Bobbesian Airways

Quan nos esteramos reunis, le munde esteras complete de nove - me yup yup - Commander Clark

[Trevon Andarosel]

It strongly depends on what the bank script can do, if it's compatible with as many economies as possible. Money transfers need to be done in every economy (that's basically what an economy is about).



Trevon Andarosel

The storyteller of Ex, Umbagollah


Ilotim ilo arelisin il parduvile arelis te arelisin
The truth is just too true to be true for everyone

[Zhaki the Dolphin]

You can have just a very generic, simple money transferring routine and build on top and side of that... And you can just block money transfers between two nations whose economies don't fit together. Or, actually, rather between two currencies whose operations don't quite fit together... Let's take, for example, the Foxmark. I don't know for sure if it actually exists at the moment, but I've seen the plans. The point of the currency is that the sum of all FM in circulation is exactly zero. Everybody starts at zero money. Everybody can also have a negative amount of money on their account. IIRC you can, after going in to the negative, buy one thing still until you need to get back to the positive. (Poke around on the Soviet Empire's fora for more information) This currency, for example, is not quite fit for international trade; While it is theoretically possible, it would make things very complicated quickly. That's why such a currency as the Foxmark should simply be closed from other parts of the world and made nonexchangeable.



-- Ari, who is going to use his 9999th post wisely

[Sander042802]

Well I was talking to someone from Baracão... I said our soldiers get þ25000 to... a lot more, I forgot how much it was. Now in Baracão, the soldiers get... $100 i believe. That would be an excange rate of 25000/100 = 250þ in 1$.

For "Government" , a Baracãoan gets $1000. In Pacary, the Chancellor for instance gets þ60000. In that case, the excange rate is 60000/1000 = 6þ in 1$.



How are those different "rates" going to be adapted to eachother to form one excange rate?



I feel this could be a stupid question...

	Sander Dieleman Chancellor of the Micronation of Pacary http://www.pacary.tk/ http://www.pacaryforums.tk/ VP of Operations of Bobbesian Airways

Quan nos esteramos reunis, le munde esteras complete de nove - me yup yup - Commander Clark

[Trevon Andarosel]

Either by not taking salaries into account for the exchange rate, but base it on real or virtual "values", or by putting them in a formula with weight factors.



If I were a soldier, though, I would move from Baracao to Pacary



(btw 60000 divided by 1000 = 60, and not 6  ).



Trevon.

The storyteller of Ex, Umbagollah


Ilotim ilo arelisin il parduvile arelis te arelisin
The truth is just too true to be true for everyone

[Sir Iain de Vembria]

Perhaps a variation on the ICEO formula that ignores demographics and only concentrates on financial indicators such as inflation and activity to do with trading and investments?



Then under each country you could have bank accounts, investment accounts and perhaps commodity accounts, all linked together to provide real-time balances, definitive currency values and other stats as desired, and all self-contained with regard to data sources.



Demographic factors could be weighted in by, say, the number of active accounts, intermicronational transactions, etc.

 

Sir Iain
Knight-Councillor of The Barony of Treesia & Fabon,

Discuss micronations and read the news at the Micronational News Network

[Sander042802]

Quote: (btw 60000 divided by 1000 = 60, and not 6  ).

I feel extremely stupid now...





Now, my economical vocabulary in English is practically zero, so I haven't quite understand a word of what you said...  

	Sander Dieleman Chancellor of the Micronation of Pacary http://www.pacary.tk/ http://www.pacaryforums.tk/ VP of Operations of Bobbesian Airways

Quan nos esteramos reunis, le munde esteras complete de nove - me yup yup - Commander Clark