Welcome to Talo Balka!


This is the forum for the NationStates region known as Talo Balka. We're a new region that came about as a result of a merger between New Talos and Franco Balka. We're still in the very early stages of building our new home. You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. If you aren't a member of Talo Balka, New Talos, or Franco Balka, or unless you're somehow involved with one of those regions (i.e, as an ambassador), there really isn't much point in registering.


Join our community!


If you're already a member please log in to your account to access all of our features:

Username:   Password:
Add Reply
Forum Idea: Money Market
Topic Started: Jun 3 2015, 04:41 PM (114 Views)
Larsland
Γέροντας
 *  *  *
This is inspired by real-world international currency trading. Basically the idea is to write some code for our region so we can have our own currency exchange. Basically:

> All nations in the region are given an amount of money (bigger government & bigger economy = more money). They periodically earn a small income as well based on the same.
> Nations can spend money on buying the currency of other nations
> The price of currency is determined by the supply of currency (smaller government & bigger economy) as well as the demand for the currency (if lots of people buy that currency, the price goes up, and selling brings the price back down)
> The exchange rate is naturally determined by the price of your own currency and the price of theirs.
> Nations can sell that currency for a profit (or loss)

Other features we could have:
> Leaderboards for top investors this month / week
> Opportunities to loan money to other nations
> The same simulation could also be applied to trade goods. Our nations could buy up gold or something
> In the long term we could add all sorts of neat stuff

I just thought it might be fun to code this. Would anyone here actually be interested or would it just be me?
Offline Profile Quote Post Goto Top
 
Nordwalsh
Member Avatar
Οιδίπους
 *  *  *
There may be some pre-coded ZetaBoards stuff out there that puts in the money system and gives people an income - I vaguely remember seeing it in a big ol' database somewhere once. The exchange thing would be a lot more difficult, and presenting it prettily, even more.

My coding knowledge extends to beginner\intermediate HTML and CSS, with a very small amount of JavaScript, so I'd be of very little help.

Some pre-existing code I've found:

Money per post + shop

Advanced Money Script

ZetaBoards Dynamo
Signature
Offline Profile Quote Post Goto Top
 
Larsland
Γέροντας
 *  *  *
Thanks Nord. I'd be more interested in who'd actually use it if I made it on my own, though I wouldn't turn down help I wouldn't expect it either. Always lonely to make something and then you're the only one to use it.
Offline Profile Quote Post Goto Top
 
Nordwalsh
Member Avatar
Οιδίπους
 *  *  *
It definitely sounds cool. I'd probably use it. I know that Antonia is really into the economy side of stuff, so I'd wager he'd use it.
Signature
Offline Profile Quote Post Goto Top
 
Triodard and Florard
Member Avatar
Γέροντας
 *  *  *
I think this would be cool and would probably participate, but I don't know how it would work. Is it connected with our NS nation?
Offline Profile Quote Post Goto Top
 
Larsland
Γέροντας
 *  *  *
@T&F - yes. It's based on your NS nation and the actions of others in the simulation.

I guess that means there's interest. Give me a week or so guys.
Offline Profile Quote Post Goto Top
 
Larsland
Γέροντας
 *  *  *
So, just as a basic kind of framework, I started by doing a very simple economic simulation. Here's what my basic equations say about your nations: :)

Talo Balkan Founderian Talo Balkan Standard
GDP estimate: $274,540
GDP per capita: $19,610
Foreign Reserve: $8,511

Larslandian Coin
GDP estimate: $2,891,787
GDP per capita: $596
Foreign Reserve: $124,347

Triodard and Florardian Vaalbar
GDP estimate: $874,525,532
GDP per capita: $114,933
Foreign Reserve: $29,733,868

Waltch wáicza
GDP estimate: $553,862,339
GDP per capita: $114,933
Foreign Reserve: $17,169,733

russian imperialist tzar doller
GDP estimate: $803,406,989
GDP per capita: $119,697
Foreign Reserve: $18,880,064

Palatankian Palat
GDP estimate: $432,033,312
GDP per capita: $114,933
Foreign Reserve: $14,041,083

Antonia and Brookwoodian Kielveta
GDP estimate: $193,927,180
GDP per capita: $116,124
Foreign Reserve: $581,782

Nettlesteinian Kronadom
GDP estimate: $46,666,389
GDP per capita: $81,585
Foreign Reserve: $793,329

Marshallanan Mark
GDP estimate: $45,279,451
GDP per capita: $110,169
Foreign Reserve: $1,697,979

Altarian κύκλος
GDP estimate: $974,120,076
GDP per capita: $118,506
Foreign Reserve: $23,378,882

Thedosian Republic credit
GDP estimate: $1,001,984,491
GDP per capita: $119,697
Foreign Reserve: $44,087,318

Aprailean Credit
GDP estimate: $302,100
GDP per capita: $50,350
Foreign Reserve: $4,229

So far so good I guess :)
Offline Profile Quote Post Goto Top
 
Triodard and Florard
Member Avatar
Γέροντας
 *  *  *
Well, your economy is completely imploded.

Also, will there be a hard limit on how much currency is in circulation? And if so, would that amount be standard for all nations (Like one billion units per nation) or would it vary based on our nation's statistics?
Offline Profile Quote Post Goto Top
 
Larsland
Γέροντας
 *  *  *
"Also, will there be a hard limit on how much currency is in circulation? ... would it vary based on our nation's statistics?"
A basic assumption of this is that all nations have a floating currency rate. I'm currently working out equations for exports (base demand for currency) and imports (base supply of currency). Obviously you can't buy more of a currency than is actually in supply on the trade market, nor would you want to because the price would go astronomically high because you'd be pushing up demand (though foreign investment into Larsland is very much welcome! :) ).

How much you have available to spend on buying currency will be based on that foreign reserve number.
Offline Profile Quote Post Goto Top
 
Triodard and Florard
Member Avatar
Γέροντας
 *  *  *
I'm just going to wait for your final product to figure out how this works. I have a feeling I won't understand it until all the pieces are together.
Offline Profile Quote Post Goto Top
 
1 user reading this topic (1 Guest and 0 Anonymous)
Go to Next Page
« Previous Topic · Planning HQ · Next Topic »
Add Reply

-- ---


---