NationStates Jolt Archive

Incorporated States of Guathic
Bureau of Economics

Ladies and Gentleman, Guathic's founder and current Head of State, Anthony Malcom.

::Mild and respectful applause from the dozen people in the recording studio::

"Thank you, thank you very much. I am recording this message today for transmission to and reception by anyone in the international community who wishes economic trade with Guathic. There will also be a textual transcript attached to a forum by the Bureau of Economics, the forum will contain the majority of replies and discussion."

"Upon Guathic's founding the economy needed a readily available and easily recognizeable and quantifiable standard for monetary value of resources. We chose the Credit. It was easy, simple, to the point, and for a number of years has worked. However it's value is tied closely to the US Dollar, while not being a US Dollar. The US Capitalist Model is one that suits us, but we are finding international trade to be a little restrictive due to our choice of currency we tacked onto this model."

"The operations of government, economy, and society are up and trotting, and but there are still areas to streamline. The economy needs a more efficient and readily available currency system. So we reach out now to the international community, first with the following question."

"What is the best form of currency to choose from?"

"The question is simple, and does not contain a single correct answer, but our economists have narrowed it down to two solutions."

1) We change to a totally unique currency form that stands on it's own.

2) Us, and several other nations, cooperate to convert to a single currency form and easily convertible exchange formula.

"For now, I leave this open to discussion between Guathic and it's fellow nations in trade."

Incorporated States of Guathic
Bureau of Economics

Ladies and Gentleman,
Bump.

Signed,
Economics Administrator

Khaltinnen Anthony Malcom of Guathic,

We represent the trade department of the nation of Liedt and would be interested in opening talks with you. Your talk of currency we fear we cannot contribute to, as Liedt trades through commodities and the barter system only. However, we are confident our nations may find something of mutual benefit. We have a healthy surplus of many crops and a land rich in wealth. Although we know little of your land, mayhap you could apprise us of goods you are willing to trade?

Altaliedt Trade Department
by appointment of the revered Khaltinna

To Liedt,

Thank you for your interest in trade with Guathic. We are very open to the barter system between nations. The biggest things we can export at present are Cattle, Soda, and Books. Wheat and vegetable crops would be appreciated in exchange.

Also, if you are willing to contract out construction, Guathic has many building projects in progress and awaiting commensement. We will glady provide basic food and housing (military rations and barracks, really) as well as pay into their stores compensation for their labor. Further negotiation will have to be carried out by our corporations and your builders, on that matter.

As for our currency problem. There are times when barter is inefficient for trade, and a value system is needed for clarity and record keeping. A comprehensible monetary value that measures the trade value of Cattle to Iron, or an auto-mobile to wheat, greatly increases the expediency of trade.
A standardize currency, or Guathic maintaining it's own truly unique currency, are the best solutions to this problem.

Signed,
Administrator of Economics

For the Attention of the Administrator of Guathic Economics:

Your offer appears to us most agreeable. We would trade our surplus for healthy cattle of yours, in addition to certain books of learning. It is not for me to speak of but the Guardians of Knowledge may contact you for further details. Our trade department will be also in contact with provisional terms of exchange, which I suspect you may find generous.

As for the matter of construction, our revered Khaltinna has given leave for a quantity of our builders, labourers, and master craftsmen in the field to travel to Guathic should certain requirements be met. Firstly, that the nobility among them be housed according to their station. I must impress that they are few in number and the accommodation you have described will be more than sufficient for the rest. Secondly she asks for guarantee of the safekeeping of her people, that you give them bread of your household, or whatever should prove the equivalent custom of goodwill in your lands.

She wonders also as to the status of your leader. We are keen to establish good connections with nations such as yours, and as a matter separate entirely she would remind you her sister nears marriageable age. If the department of Economics might be kind enough to pass on the message, should it be appropriate?

Regarding the matter of currency, it is anathema to Liedtan sensibilities to ascribe such value to something of no intrinsic worth. However, in recognition that your needs may well be different, we respectfully offer the advice that a land must be unique, and a currency representing Guathic might well do far more for the morale of the people, as well as giving you the standardization of trade systems you seek. Yet it would be better, perhaps, to ask the wise in your own land, who know better its needs.

In friendship,
Raon Elitai, advisor to the Khaltinna

To Liedt,

Greetings, Raon Elitai,

I shall respond on a point by point basis to your last message.

Thank you for the surplus trade. Our economy and people will benefit greatly from the increased diversity in food selection. As for the books, your Gaurdians of knowledge may request specific texts from our Bureau of Education.

Thank you for the laborers. Wages will be adjusted based upon their position, and will be comparable to our own wages. Nobility shall be considered members of state and housed within the nearest convenient luxury suites, but whoever they are contracted to will expect them to be respectful and obedient. Many corporate heads are former military, and will consider someone under their contract to be below them on the command chain. Please inform your nobility of this, that as contracters they hold no state power over their employers here. Safekeeping of all shall be strictly enforced. As before mentioned, much of the population has served in the military, and we have incredible border defence. There are also strict industrial safety standards. If a single one of your workers are harmed, it will be considered a most grievous and traitorous error, and we shall rectify the problem and punish all those responsible.

As for the status of our leader... I'll give him the message. I beleive that would be best discussed between your revered leader and himself, however. Feel free to contact him.

Regarding the matter of currency. The only reason we are asking for foreign cooperation in standardizing our currency is because our chosen currency will affect trade and relations with other nations, even if only minimally. The economists of our land have many options, and the two best are international standardization, or national uniqueness. Once an option is picked, it'll further be discussed just which form currency shall take. Thank you for your opinion, your trade standards and suggestion bring us close to selecting a form of currency that stands out.

Signed,
Administrator of Economics

Greetings to the Administrator,

Those terms all seem more than fair, and we of Liedt thank you for this opportunity. There is no strong military tradition in our land, but I will ensure that your advice is passed on so that our workers know what is expected of them.

I am uncertain whether or not you have many that speak Liedtan, or our trading lingua franca Kettarin - if not we might arrange for some means of translation, as the numbers of people to be dealt with are so large.

I cannot speak for our revered leader except to say it is tradition she does not correspond directly except with those who journey to Altaliedt, our capital itself. She has many voices to speak for her. I hope you shall not take this as a slight, it is simply the way of our people.

Thank you also for the further explanation of your dilemma over currency - it remains only for me, on behalf of Liedt, to wish you well in this decision and in finding the advice you seek.

In friendship,
Raon Elitai

Greetings Raon Elitai,

The language barrier can easily be overcome. Head-set displayed computers with portable keyboards can be utilized between the contracters and the nobility in charge of the particular laborers. Each wears one, and types what they wish to say, than sends it to the other. The receiver get's the text translated into their native language.
Since the translator contains both languages and grammatical structures, the two people dealing with each other can also take the time to learn each other's languages.
It's a simple setup. Contracter speaks with who is in charge of the laborers, and they speak to the laborers.

For the matter of dealing with your leader, we will negotiate the sending of a delegation with the appropriate people in your government. Our head of State wishes to mett with your leader.

Signed,
Administrator of Economics