NationStates Jolt Archive


Currency and Inflation Rates

14-10-2003, 22:31
To all who worry about Inflation Rates and Trade:
I recommend changing your and all country currencies. Why? If everyone used the same currency it would 1) Be alot easier 2) Decrease Inflation 3) Everyone would equal the same amount
These are just three examples of why everyone should have the same currency. I use the Kiwi currency, if you are intellegent you would also due to the 3 reasons.
Thank you for your time
Oglethorpia
14-10-2003, 22:35
To all who worry about Inflation Rates and Trade:
I recommend changing your and all country currencies. Why? If everyone used the same currency it would 1) Be alot easier 2) Decrease Inflation 3) Everyone would equal the same amount
These are just three examples of why everyone should have the same currency. I use the Kiwi currency, if you are intellegent you would also due to the 3 reasons.
Thank you for your time

No thanks, third-world nations with only 6 million people don't sway my government easily.
Falastur
14-10-2003, 22:38
To all who worry about Inflation Rates and Trade:
I recommend changing your and all country currencies. Why? If everyone used the same currency it would 1) Be alot easier 2) Decrease Inflation 3) Everyone would equal the same amount
These are just three examples of why everyone should have the same currency. I use the Kiwi currency, if you are intellegent you would also due to the 3 reasons.
Thank you for your time

hmmm...theres a number of problems with your one-currency scheme. firstly, if you come across inflation, then all hte countries of the world will suffer. face a major problem, and the economy of the world will collapse, possibly without hope, forcing all the nations of the world to start all over, after a great amount of chaos before they do so. also, a large number of countries may have objections to doing this. it takes away individualism, and allows other countries (at first) to dictate economic changes.

what is the conversion rate of Kiwis to £s or $s btw??

thank you for your time
Falastur
14-10-2003, 22:38
Edit: double post...
14-10-2003, 23:33
To all who worry about Inflation Rates and Trade:
I recommend changing your and all country currencies. Why? If everyone used the same currency it would 1) Be alot easier 2) Decrease Inflation 3) Everyone would equal the same amount
These are just three examples of why everyone should have the same currency. I use the Kiwi currency, if you are intellegent you would also due to the 3 reasons.
Thank you for your time

No thanks, third-world nations with only 6 million people don't sway my government easily.
I would like to say that Kiwi is not founded by my country. It is founded by the Armed Republic of Rianisis which is a fine country. To answer the other question, I do not know what Kiwi converts to, I will research.
Barbarosea
14-10-2003, 23:50
Another reason:
If everyone had the same currency, and one nation started mass producing it, inflation would rise, but not in every country as Country B doesn't have many of that currency, thus making Country A's currency different then Country B's, and having some thing like this:
Country A's currecny, say silver

1 Silver (Country A)=9.56 Silver (Country B)
:shock:
15-10-2003, 01:57
Another reason:
If everyone had the same currency, and one nation started mass producing it, inflation would rise, but not in every country as Country B doesn't have many of that currency, thus making Country A's currency different then Country B's, and having some thing like this:
Country A's currecny, say silver

1 Silver (Country A)=9.56 Silver (Country B)
:shock:

I do not agree with you in that. For example, The Euro, which is widespead in Europe, is one currency theory and it is mainly equal to the US dollar.
Barbarosea
15-10-2003, 04:46
In the rw where there isn't 1,000 new nations a day, yes, that would work, but think about this:
In the NS world, over 1,000 new nations are created everyday, and some don't visit the forum, so how would the news get out.
15-10-2003, 04:53
OK, how about this: everyone adopts the (as an example, because it's mine) Lira as currency. Then a huge system is put forth, "TCDS" or the cash distribution system. It is paper money, so easy to print, and then inflation doesn't rise in one place, it is even everywere. waddaya say?
15-10-2003, 04:56
The Eizen Empire wishes to remind you that if you adopt a widely used currency, you lose control over your own monetary policy.

With that in mind we reject your claims as a UN-esque conspiracy to subvert the soverignty of nations.
15-10-2003, 05:02
Please. The current leadership has banned the word "conspiracy". If you utter it again, we will have to hurt you.
Barbarosea
15-10-2003, 05:14
You touch him for something like that, I'll go medieval on you arse
15-10-2003, 07:52
The Education minister of Eizen points to the ignorant nation of Shing Lo, as evidence that more educational funding is required so that our children grow up without picking fights they cannot possibly win.