And you thought our wages where high?

by **Fhaemita Malodorous** 2011-09-29, 10:28

wow, in Taiwan they have crazy wages

And you thought our wages where high? Taiwan

http://economy.erepublik.com/en/market/job/81/0/0/desc

by **jamster737** 2011-09-29, 10:39

hmm moving is very tempting Razz

by **Olv007** 2011-09-29, 10:40

They have also tons of TWD on the money market for 0,002 gold and nobody is buying it ;-)

by prophexy 2011-09-29, 14:26

Olv007 wrote:They have also tons of TWD on the money market for 0,002 gold and nobody is buying it ;-)

What Olv said :p

by **Critically** 2011-09-29, 18:23

xironn is underpaying me xD

by **Elynea** 2011-09-29, 18:53

It's interesting because the market is nice too, but i agree i don't understand why they can make this amount. Nice for the workers, sure

by Melatreta 2011-09-29, 23:29

TWD is worthless, nobody wants to buy it, so the have lot of currency created by the bot and the can't burn so easily...

by **Ward De Bever** 2011-09-29, 23:43

Melatreta wrote:TWD is worthless, nobody wants to buy it, so the have lot of currency created by the bot and the can't burn so easily...

They have 276 gold on the MM for 900 or less TWD. We have 6.15 gold for 900 or less BEF. We have 125 kBEF up at 0.002 gold, they have more than 460k TWD up at 0.002. Wonder what currency is most solid.

They have 40/80 bonuses, where we have 40/20. If we produce 12 weapons, they produce 18. Now their top wage is 206.56 TWD: in production parity (divided by 1.5), this corresponds to 137.7 BEF. Excellent, but not completely crazy.

by Melatreta 2011-09-30, 10:55

Ward De Bever wrote:
Melatreta wrote:TWD is worthless, nobody wants to buy it, so the have lot of currency created by the bot and the can't burn so easily...
They have 276 gold on the MM for 900 or less TWD. We have 6.15 gold for 900 or less BEF. We have 125 kBEF up at 0.002 gold, they have more than 460k TWD up at 0.002. Wonder what currency is most solid.

They have 40/80 bonuses, where we have 40/20. If we produce 12 weapons, they produce 18. Now their top wage is 206.56 TWD: in production parity (divided by 1.5), this corresponds to 137.7 BEF. Excellent, but not completely crazy.

I lived in Taiwan and yes, their mm is much stronger than ours, but the bot presence there is enourmus, it's quite dificult for they to place their currency in 0.003, but in Belgium if anyone buys 125k of BEF (quite easy) we will have a most valuable currency Smile

by Mikhail Alexander 2011-09-30, 11:11

Melatreta wrote:
Ward De Bever wrote:
Melatreta wrote:TWD is worthless, nobody wants to buy it, so the have lot of currency created by the bot and the can't burn so easily...
They have 276 gold on the MM for 900 or less TWD. We have 6.15 gold for 900 or less BEF. We have 125 kBEF up at 0.002 gold, they have more than 460k TWD up at 0.002. Wonder what currency is most solid.

They have 40/80 bonuses, where we have 40/20. If we produce 12 weapons, they produce 18. Now their top wage is 206.56 TWD: in production parity (divided by 1.5), this corresponds to 137.7 BEF. Excellent, but not completely crazy.

I lived in Taiwan and yes, their mm is much stronger than ours, but the bot presence there is enourmus, it's quite dificult for they to place their currency in 0.003, but in Belgium if anyone buys 125k of BEF (quite easy) we will have a most valuable currency

Give me a sec... :p

by **Olv007** 2011-09-30, 11:21

Go Mikhail !

by Mikhail Alexander 2011-09-30, 11:21

And you thought our wages where high? Unled3uz

You're turn.

by **Ward De Bever** 2011-09-30, 12:24

Why would one buy at 0.002 (get 500 BEF per gold) if he can post it and get 800-900 BEF per gold quite easily and quickly?

Here is the question of monetary intervention again, for me it just doesn't make sense.

If we have a really strong currency, nobody will buy on our markets anymore... even Belgian citizens would go buy their daily purchases elsewhere, unless prices drop a lot, lowering wages, lowering purchase power, etc...

by Melatreta 2011-09-30, 13:47

Ward De Bever wrote:Why would one buy at 0.002 (get 500 BEF per gold) if he can post it and get 800-900 BEF per gold quite easily and quickly?

The same hapens in Taiwan.

Ward De Bever wrote:Here is the question of monetary intervention again, for me it just doesn't make sense.

If we have a really strong currency, nobody will buy on our markets anymore... even Belgian citizens would go buy their daily purchases elsewhere, unless prices drop a lot, lowering wages, lowering purchase power, etc...

If we have a strong currency, everyone will sell in our markets, and everyone will buy. Why?
Because you know that the currency you are playing with will not increase/decrease their value in a few hours. You're right, prices and wages will drop a lot, because our currency worth more, so the price in gold will be almost the same, but in currency will be smaller.

All it's about gold dude.

by Mikhail Alexander 2011-09-30, 14:17

Melatreta wrote:
Ward De Bever wrote:Why would one buy at 0.002 (get 500 BEF per gold) if he can post it and get 800-900 BEF per gold quite easily and quickly?

The same hapens in Taiwan.

Ward De Bever wrote:Here is the question of monetary intervention again, for me it just doesn't make sense.

If we have a really strong currency, nobody will buy on our markets anymore... even Belgian citizens would go buy their daily purchases elsewhere, unless prices drop a lot, lowering wages, lowering purchase power, etc...

If we have a strong currency, everyone will sell in our markets, and everyone will buy. Why?
Because you know that the currency you are playing with will not increase/decrease their value in a few hours. You're right, prices and wages will drop a lot, because our currency worth more, so the price in gold will be almost the same, but in currency will be smaller.

All it's about gold dude.

I like this guy! ^^

by **Fhaemita Malodorous** 2011-09-30, 14:39

Mikhail Alexander wrote:
I like this guy! ^^

And you thought our wages where high? Facebook-like-buton

by Melatreta 2011-09-30, 16:38

Mikhail Alexander wrote:

I like this guy! ^^

:******

Fhaemita Malodorous wrote:
Mikhail Alexander wrote:
I like this guy! ^^

:******

by **Olv007** 2011-09-30, 18:23

Congratz Melatra, 2 guys like you piggy

by **iliancer** 2011-09-30, 23:05

Question for the people that know more about the economic part of the game:

If we can hardly sell our BEF for gold and the bot puts more and more gold on the market. Then we will eventually go to 1000 bef for 1 gold.

Would another training war help to counter this? Because every RW takes away 10000 BEF from our market and gives us 20-50 gold. (depending on how many foreigners fund the rw)

or does do the possible benefits not way out the negatives of losing a bonus for a day?

by Melatreta 2011-09-30, 23:34

iliancer wrote:Question for the people that know more about the economic part of the game:

If we can hardly sell our BEF for gold and the bot puts more and more gold on the market. Then we will eventually go to 1000 bef for 1 gold.

Would another training war help to counter this? Because every RW takes away 10000 BEF from our market and gives us 20-50 gold. (depending on how many foreigners fund the rw)

or does do the possible benefits not way out the negatives of losing a bonus for a day?

First of all, bot puts more and more BEF on the market, no gold. IT will be really funny if it puts golds on the market Razz

Second, probabily a TW will bost our economy. 2cliker will spend more money on defending their country or expanding it. In the case we lose a region, foreigners will buy BEF and suport the RW if the know we are going to win it, so we can create some advertimisent about that we are going to fight all we can in the RW. Also, one day without bonus is not any disaster because if we lose the region at 9 p.m. all the people in that day would work before we lose the battle, winning a battle takes (in the best of the situations) 12 hours. So, next day at 9 a.m. everyone could work without loosing any bonus.

If you have any question, ask dude Very Happy

by tecuvo 2011-09-30, 23:43

an rw is only a temporary solution
after 2 weeks all the benefits will be gone and everything will be just the same as before

by **iliancer** 2011-09-30, 23:52

Melatreta wrote:First of all, bot puts more and more BEF on the market, no gold. IT will be really funny if it puts golds on the market

Whoops stupid mistake, I meant bef Wink

by Melatreta 2011-10-01, 01:15

tecuvo wrote:an rw is only a temporary solution
after 2 weeks all the benefits will be gone and everything will be just the same as before

RW aren't a solution, even temporaly. If we could open a RW every day, it could be a solution, but it isn't our case. We could burn 30-40k of BEFs in a TW, not more.

by **shadowukcs** 2011-10-04, 09:27

http://economy.erepublik.com/en/market/job/59

by **Jonathan Clay** 2011-10-04, 09:35

even in a browser game the thai are underpaid

by **Fhaemita Malodorous** 2011-10-04, 09:42

Jonathan Clay wrote:even in a browser game the thai are underpaid

wow
38 tbh wages, the company owners must make nice profits.
Remind me to move there Razz

by **shadowukcs** 2011-10-04, 09:47

Fhaemita Malodorous wrote:
Jonathan Clay wrote:even in a browser game the thai are underpaid

wow
38 tbh wages, the company owners must make nice profits.
Remind me to move there

not only that,

http://economy.erepublik.com/en/market/59/2/5/citizen/0/price_asc/1

check their market, their prices are higher than ours

by Melatreta 2011-10-04, 16:30

With the salary you can't aford a q5 wep.
lol

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