State Bonds

I've got this idea after posting the "how to jumpstart the economy" thread. (One of the critics was that we are a gold-poor nation...)

The idea is basically a reversed interpretation of contracts made with raw material producers. Which I think has worked well for us, and were/are a good short term solution no matter what some commies might think.

What I propose:

The terms:
-5 gold - 3 months (lowest interest)
-10 gold - 2,5 months
-20 gold - 2 months (highest interest)
-payable in BEF (fixed rate), or in another yet to be determined currency (would be optional for those who would deside to sign in for 20 gold)
-interests to be desided yet; monthly interest
-month = 30 days
-advanced payment before the expiring date only posible for the investment of 20 gold (interests would become null and void)
-multiple sign ins possible
-eBelgians are not excluded
-Organisations are not excluded

How to approach:
-InfoCitizen, the newspaper of citizen.info, could publish articles in foreign countries stating the terms and opportunities that are attached to an eBelgian State Bond. (We then only have to vote up the media in those countries to attract more readers...)
-Contracts could be signed in our forum under the section "contracts", or a sub section.

Objective:
-raising 250-500 gold

so we initiate bonds? What a great way of getting into debt. eSweden did something similar with 10% returns monthly, but thats forever so 3 years from now we would still be paying off the bonds.

Again, not per se true what you are saying.
If the gold is used wisely, then it should bring in a return:
Either by investing it in companies and our citizens, or by speculating on the monetary market.
It might not have occurred to you but the BEF is not really a volatile currency in this eWorld…

It could bring a return, if we were to put the interest at around 6% and invest in a 10% monthly return then we earn 4%. But for general government spending you don't tend to get a return.

The US did something like this after WWIII.
They accepted donations in 5G chunks, with a guaranteed return of 3% (total) to be paid at the time of the Government's choosing, minimum 3 months.
We could do something like this, with a 5% return (total) to be paid in Gold or BEF equivilant after a minimum of 3 months and not to exceed 1 year.

Idk, don't think this is a good idea.

I really wouldn't support this unless we needed it for the saving of eBelgium or we get a return from this.

It is a good idea to keep in our pocket if we ever have a problem raising gold.

It is a good idea to keep in our pocket if we ever have a problem raising gold.

+1