Byardkuria
TNPer
Since it looks like we are very, very close to kicking this thing off, I think we ought to get a few regulatory things set up.
First, as we have mentioned in some of the threads in here, rampant inflation is going to be an issue. As such, as we are opening for business, I would like the governing body/government say 'DONE", and cap the money supply at, let's say, 300,000 as-yet-unnamed-currency-units, including the 23X,XXX that are in circulation (based on the total post count on the main page). The remainder goes to the North Pacific Bank.
Second, we create the Bank. I would imagine a board of 3 or so participants, well versed in such things as economics. These folks handle the loaning, the policy, etc. We also create a Teller account, which is the one with Admin panel access to make the AYUCU changes. This pass for this account would, more than likely, be given to a volunteer GMod, due to 1.) the increased workload (voluntary) and 2.) level of trust involved (GMod).
At this point, question 1 goes before the bank - how much longer do we keep paying 10 AYUCU per post, lest the whole shebang go broke?
I'm sure more questions will come, but I do think capping the AYUCU supply (at least on a long-interval temporary basis) is going to be essential in getting this thing to work, not to mention crucial in making the idea of a post-based commodity market feasible.
First, as we have mentioned in some of the threads in here, rampant inflation is going to be an issue. As such, as we are opening for business, I would like the governing body/government say 'DONE", and cap the money supply at, let's say, 300,000 as-yet-unnamed-currency-units, including the 23X,XXX that are in circulation (based on the total post count on the main page). The remainder goes to the North Pacific Bank.
Second, we create the Bank. I would imagine a board of 3 or so participants, well versed in such things as economics. These folks handle the loaning, the policy, etc. We also create a Teller account, which is the one with Admin panel access to make the AYUCU changes. This pass for this account would, more than likely, be given to a volunteer GMod, due to 1.) the increased workload (voluntary) and 2.) level of trust involved (GMod).
At this point, question 1 goes before the bank - how much longer do we keep paying 10 AYUCU per post, lest the whole shebang go broke?
I'm sure more questions will come, but I do think capping the AYUCU supply (at least on a long-interval temporary basis) is going to be essential in getting this thing to work, not to mention crucial in making the idea of a post-based commodity market feasible.
