Economic Protocols

[Eryk]

Very good, very good indeed.

Thank you for this! Really!

[Urien]

Ah, still, the "currency ranking" should be a joint effort with the community and moderation to avoid biases. Debt is total surplus plus total deficits.

I'm glad that most of the feedback (albeit only a few people) has been positive!

[Farsun]

Ah, still, the "currency ranking" should be a joint effort with the community and moderation to avoid biases.

I'm glad that most of the feedback (albeit only a few people) has been positive!

It cannot really be biased in my opinion as it's public knowledge and everyone can view it. I'll post my report and then we can edit it from there.

[Amazeroth]

I think that the protocols are generally very good, although one or two things more should be considered. For example, a nation that has obscenely high taxes, that does that willfully to drive out private investment, entrepreneurship and comsumption, but instead has a more or less completely nationalized economy and distributes its good amongst its citizens for free (as some kind of welfare, which wouldn't be taxed - only private consumtpion, that is, the buying of goods not distributed by the government) should not necessarily be considered one of the economically poorest nations of Terra, since that is not a lot different from communism. Although I privately believe that all truly communist countries will end up in the gutter, this has not really been prooven in the real world. Anyway, in this case, a consequently played communist nation would be automatically punished by these protocols, which in turn would mean that moderation/the system would punish a certain political ideology if implemented in the game, which I'm not sure would be a good thing to do.

But other than that, I see no major our minor problems with the new protocols.

[Farsun]

I think that the protocols are generally very good, although one or two things more should be considered. For example, a nation that has obscenely high taxes, that does that willfully to drive out private investment, entrepreneurship and comsumption, but instead has a more or less completely nationalized economy and distributes its good amongst its citizens for free (as some kind of welfare, which wouldn't be taxed - only private consumtpion, that is, the buying of goods not distributed by the government) should not necessarily be considered one of the economically poorest nations of Terra, since that is not a lot different from communism. Although I privately believe that all truly communist countries will end up in the gutter, this has not really been prooven in the real world. Anyway, in this case, a consequently played communist nation would be automatically punished by these protocols, which in turn would mean that moderation/the system would punish a certain political ideology if implemented in the game, which I'm not sure would be a good thing to do.

But other than that, I see no major our minor problems with the new protocols.

Ya know, I thought about that seeing as Dorvik is Communist in economic policy. I think this should be added for sure.

Single unit of currency compared to a single unit of the LOD

AAA+ (1.0 to 0.7)
Rutania
Telamon
Aldegar
Trigunia
Lodamun

AAA (0.7 to 0.5)
Aloria
Luthori
Badara

AA (0.5 to 0.3)
Malivia
Likatonia
Rilandor
Egalia
Selucian
Deletarian
Istalia
Keymon
Cobur (Which ever nation that is)

A
Rest of nations.

[UniSocAll]

I don't think that the currency should be used as 'economic strength' factors. Maybe now in the beginning, but later, countries should be able to grow/shrink depending on GDP, debt, taxes etc.

[Farsun]

I don't think that the currency should be used as 'economic strength' factors. Maybe now in the beginning, but later, countries should be able to grow/shrink depending on GDP, debt, taxes etc.

It has nothing to do with economic strength, it's just how their currency compares against the LOD.

[UniSocAll]

Ah, I thought it was measuring strength, with all the AAA+/AAA etc. My bad!

[Urien]

I think that the protocols are generally very good, although one or two things more should be considered. For example, a nation that has obscenely high taxes, that does that willfully to drive out private investment, entrepreneurship and comsumption, but instead has a more or less completely nationalized economy and distributes its good amongst its citizens for free (as some kind of welfare, which wouldn't be taxed - only private consumtpion, that is, the buying of goods not distributed by the government) should not necessarily be considered one of the economically poorest nations of Terra, since that is not a lot different from communism. Although I privately believe that all truly communist countries will end up in the gutter, this has not really been prooven in the real world. Anyway, in this case, a consequently played communist nation would be automatically punished by these protocols, which in turn would mean that moderation/the system would punish a certain political ideology if implemented in the game, which I'm not sure would be a good thing to do.

But other than that, I see no major our minor problems with the new protocols.

I thought I put that in their by mentioning private businesses. If not, this is a good idea. I'm not trying to discourage economic systems. The data I got is based on real life countries.

[Farsun]

Ah, I thought it was measuring strength, with all the AAA+/AAA etc. My bad!

It's fine, finally with this we can hopefully start establishing military's around Terra.

Please edit something in there so communist/socialist nations aren't penalized.