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Exchange Rates

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Exchange Rates Empty Exchange Rates

Post  Gramstandard Wed Jul 22, 2009 4:09 pm

This seems to be an issue. 1 gram (gramstandard) is equal to 86 Drakme (Batiska), and 91 bolts (Peecekeeper).
This will become a bigger issue once trade comes into play. How would y'all propose we resolve this?
Cite


Last edited by Gramstandard on Sun Jul 26, 2009 10:54 pm; edited 1 time in total
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Post  Aidsboat Nation Wed Jul 22, 2009 9:35 pm

A Region wode currency, like the Euro.

Make one Fee Society Dollar equal to x Grams and x sharkteeth, ect
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Post  Lower Land Wed Jul 22, 2009 9:38 pm

I like it. What will we call it?

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https://freesociety.forumotion.com

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Post  Aidsboat Nation Wed Jul 22, 2009 9:47 pm

Free Bills?

Society Dollars?

Freedom Notes?

We could vote on it...
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Post  Gramstandard Wed Jul 22, 2009 10:03 pm

the Grand. A vote sounds good to me.
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Post  Guest Sun Jul 26, 2009 9:18 pm

I also suggest a vote. I also think we should have a stickied post with exchange rates and updated every time another nation is recruited into Free Society. Haightstock's currency is the Weed. How will trade be handled?

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Post  THeOutland Sun Jul 26, 2009 10:45 pm

if a new nation joins our region exchange rates of existing currency needs to be found this is as trouble some as different currencies
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Post  Gramstandard Sun Jul 26, 2009 10:53 pm

Haightstock wrote:I also suggest a vote. I also think we should have a stickied post with exchange rates and updated every time another nation is recruited into Free Society. Haightstock's currency is the Weed. How will trade be handled?
If you notice, there is a link in the first post which lays it all out. And consider this thread stickied.
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Post  Meadowdale Sun Jul 26, 2009 10:53 pm

What about a universal name, such as credit or piece?

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Post  Aidsboat Nation Sun Jul 26, 2009 11:48 pm

That link is really cool. Are you going to Add an exchange rate thing to it? Can you?

EDIT: Retracting my proposition of using the Drakma as the Regional currency, on account of that being Batiska's national currrency. Sorry Bro!


Last edited by Aidsboat Nation on Mon Jul 27, 2009 12:15 am; edited 1 time in total
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Post  Meadowdale Sun Jul 26, 2009 11:50 pm

On the bar on the left hand side exchange rates is right under Free Society. It has each country's monetary unit value compared to the US dollar.

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Post  Aidsboat Nation Sun Jul 26, 2009 11:55 pm

No, there is no exchange rate. That's the GDP (Gross Domestic Product), which is one way economists measure the economic progress of a country. It's the total of all the money the nation's citizens and corperations make in a year, and that's how Nationstates tells you you have a good economy, a failing one,or an imploded one.
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Post  Meadowdale Sun Jul 26, 2009 11:58 pm

Yes, there is. In the sidebar where it says Free Society, look right underneath that. You will see a button that says exchange rates.

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Post  Aidsboat Nation Mon Jul 27, 2009 12:12 am

OHHH...my bad, I thought you were talking about the column in the table....the sidebar blended in with the grey
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Post  Guest Mon Jul 27, 2009 8:13 pm

Oh man, that is an awesome site. Wonder how they calculate all this.

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Post  THeOutland Mon Jul 27, 2009 10:09 pm

they use practical economy and printing info look at the poorer nations their "bills" is very weak when one like mine is worth more than a dollar


on that link it doesn't seem to update my economy grew to power house but it still marks me as thriving there
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