e-sim - Only hipsters still play eRepublik! - Games

[highlight] 1 Wan is the minimum wage[/highlight] [editline]13th April 2012[/editline] [QUOTE=Pilotguy97;35555299]I'm at econ skill 2.5 right now so I wanted to wait until I worked again to get to econ 3 and then join. Streamline it, if you will. Though it would mean I work another shift at SK guns, so there's that.[/QUOTE] I'll open an app right now.

[QUOTE=Scientist2;35555287]I can do that but in the long run that will just make us lose money, right? [/QUOTE] You shouldnt as long as the profit you get from the grain/bread > wage. Lets say Jimmy gets paid 4 KRW. Jimmy makes 10 bread, which sell for 0.5 KRW. Profit. And with 4 KRW, Jimmy can survive on a piece of bread or two. What people need to remember is that you gain 50 HP every night, so dont eat up to 100. [editline]13th April 2012[/editline] [QUOTE=tekgen;35555307]until they get into the upper echelons of production , gift buying is wasted money anyways (better off buying Q5 food) , and once they are given more Q5 food then they need (with the slave labour --> gifted food scheme) , THEY can sell excess on market and buy gifts with profit.[/QUOTE] Gifting is mass amounts of food is however sometimes attacked as tax evasion.

[QUOTE=monkey11;35555320]You shouldnt as long as the profit you get from the grain/bread > wage. Lets say Jimmy gets paid 4 KRW. Jimmy makes 10 bread, which sell for 0.5 KRW. Profit. And with 4 KRW, Jimmy can survive on a piece of bread or two. What people need to remember is that you gain 50 HP every night, so dont eat up to 100.[/QUOTE] I'm confused or you are confused. You should end the day with 0 HP preferably. You can eat 10 pieces of food per day , current health having nothing to do with it.

[QUOTE=Scientist2;35555279]The wages are retardedly low.[/QUOTE] Doesn't matter. With the wages very low we should be able to afford to sell the Food very cheaply.

[QUOTE=monkey11;35555320]You shouldnt as long as the profit you get from the grain/bread > wage. Lets say Jimmy gets paid 4 KRW. Jimmy makes 10 bread, which sell for 0.5 KRW. Profit. And with 4 KRW, Jimmy can survive on a piece of bread or two. What people need to remember is that you gain 50 HP every night, so dont eat up to 100. [editline]13th April 2012[/editline] Gifting is mass amounts of food is however sometimes attacked as tax evasion.[/QUOTE] We just say we are communists and call the food 'production bonuses' :dance:

[QUOTE=tekgen;35555334]I'm confused or you are confused. You should end the day with 0 HP preferably. You can eat 10 pieces of food per day , current health having nothing to do with it.[/QUOTE] Well it depends how you prefer to eat. I like to start my day at 100. Then fight + eat (i dont think this rule still applies but your wellness makes you more effective), fight + eat, etc until out of food for the day. Then fight down to 50. Call it a day. Start tomorrow with 100 HP. Do it again.

[QUOTE=Scientist2;35555308][editline]13th April 2012[/editline] I'll open an app right now.[/QUOTE] Applied and soon to be working. Tvym.

[QUOTE=monkey11;35555358]Well it depends how you prefer to eat. I like to start my day at 100. Then fight + eat (i dont think this rule still applies but your wellness makes you more effective), fight + eat, etc until out of food for the day. Then fight down to 50. Call it a day. Start tomorrow with 100 HP. Do it again.[/QUOTE] I don't think that's a factor. I just go down to 0. But whatever, nothing's going to waste so it's fine.

[QUOTE=Pilotguy97;35555379]Applied and soon to be working. Tvym.[/QUOTE] My pleasure. [editline]13th April 2012[/editline] But what i'd like to know is: What makes the slavewages (1 Wan) so much more profitable than the current way of working ? Isn't it just a lot more work with the gifting ? [editline]13th April 2012[/editline] And are you sure that slavewages will work like they did in eRep? [editline]13th April 2012[/editline] I could see the minimum wage be very effective when a country would be in a big war though. The prices of food would be too high for people to buy so by giving it to them instead of money they could just continue fighting.

[QUOTE=Scientist2;35555562]My pleasure. [editline]13th April 2012[/editline] But what i'd like to know is: What makes the slavewages (1 Wan) so much more profitable than the current way of working ? Isn't it just a lot more work with the gifting ? [editline]13th April 2012[/editline] And are you sure that slavewages will work like they did in eRep?[/QUOTE] Gifting won't be a problem once we also have our Diamond and Gift companies set up. Right now it's a miracle if a Korean worker can afford 10 food as it is. We [B]need[/B] the slave wages so that the food we produce can be sold ultra-cheaply.

[QUOTE=Hidole555;35555615]Gifting won't be a problem once we also have our Diamond and Gift companies set up. Right now it's a miracle if a Korean worker can afford 10 food as it is. We [B]need[/B] the slave wages so that the food we produce can be sold ultra-cheaply.[/QUOTE] You can already gift people products by selecting their profile and choosing donate products. We can actually profit without hiring anyone at all. Like I said here: [QUOTE=tekgen;35555006] [B]edit : [/B] and the koreans almost pay 0.028 Gold per Q1 Food right now . Profitable action ... Buy brazil currency BRL or some other low cost currency , buy lots of food , sell it on korea market for 0.8 on the dollar (undercutting all the comps. there) ... we still all buy from scientist2 at whatever he sets (he needs to set price = cost) to keep his company running well and people paid. But essentially the company should be there for people to turn their 1 work turn a day into the amount of food they produce (their productivity -> wage -> wage buys food they made) or we can pay them nothing and give them the food each day (more of a hassle though but avoids tax)[/QUOTE] We can just profit by buying food internationally and selling it in Korea undercutting everyone else and still turning a profit. [QUOTE=Scientist2;35555562] [editline]13th April 2012[/editline] But what i'd like to know is: What makes the slavewages (1 Wan) so much more profitable than the current way of working ? Isn't it just a lot more work with the gifting ? [/QUOTE] Nothing but it stops the risk of people not reinvesting the wages they earn in the company. Like I said , instead of slave wages you can also just pay people for the amount they produce when you are selling competitively on the market. In which case it doesn't matter if they don't reinvest ( other koreans will) . I would leave a 10% gap though incase the market goes sideways and you can't sell food at what you paid the employees to produce it. The slave labour also stops inflation issues.

[QUOTE=Hidole555;35555615]Gifting won't be a problem once we also have our Diamond and Gift companies set up. Right now it's a miracle if a Korean worker can afford 10 food as it is. We [B]need[/B] the slave wages so that the food we produce can be sold ultra-cheaply.[/QUOTE] So it's basically: Cheap production = less production costs = cheaper price. But what i understand from the plan is that i will have to gift it to our people who then in turn donate me their earned $ back so that there are no losses. I can see this working in a way where nobody makes a profit except for experience but how does this influence the market if i gift all the food? [editline]13th April 2012[/editline] [quote]We can just profit by buying food internationally and selling it in Korea undercutting everyone else and still turning a profit.[/QUOTE] Wouldn't it be cheaper and more profitable if we mass produce here for dirt cheap prices and sell it in a country where food is very expensive ?

[QUOTE=Hidole555;35555615]Gifting won't be a problem once we also have our Diamond and Gift companies set up. Right now it's a miracle if a Korean worker can afford 10 food as it is. We [B]need[/B] the slave wages so that the food we produce can be sold ultra-cheaply.[/QUOTE] You only mean this as a way to undercut other Koreans. Like I said though, we can forego that by buying cheaper food on foreign markets.

[QUOTE=Scientist2;35555662]So it's basically: Cheap production = less production costs = cheaper price. But what i understand from the plan is that i will have to gift it to our people who then in turn donate me their earned $ back so that there are no losses. I can see this working in a way where nobody makes a profit except for experience but how does this influence the market if i gift all the food? [editline]13th April 2012[/editline] Wouldn't it be cheaper and more profitable if we mass produce here for dirt cheap prices and sell it in a country where food is very expensive ?[/QUOTE] The goal of the company is to provide our people in Korea with a steady supply of food each day. Grain shortages should not be a problem as long as more people work in the grain company than the food company. I reccommend alternating openings in the companies to ensure both get workers.

[QUOTE=tekgen;35555660]You can already gift people products by selecting their profile and choosing donate products. We can actually profit without hiring anyone at all. Like I said here: We can just profit by buying food internationally and selling it in Korea undercutting everyone else and still turning a profit. Nothing but it stops the risk of people not reinvesting the wages they earn in the company. Like I said , instead of slave wages you can also just pay people for the amount they produce when you are selling competitively on the market. In which case it doesn't matter if they don't reinvest ( other koreans will) . I would leave a 10% gap though incase the market goes sideways and you can't sell food at what you paid the employees to produce it. The slave labour also stops inflation issues.[/QUOTE] What you just said is what i'm basically doing right now. The inflation shouldn't be a problem at the moment. [editline]13th April 2012[/editline] [QUOTE=Hidole555;35555722]The goal of the company is to provide our people in Korea with a steady supply of food each day. Grain shortages should not be a problem as long as more people work in the grain company than the food company. I reccommend alternating openings in the companies to ensure both get workers.[/QUOTE] I see what you mean and i can see it work. But wouldn't it be smarter to keep paying the workers and just drop the market prices by undercutting the current prices heavily ? [editline]13th April 2012[/editline] The competitors basically won't have a choice but to leave or go with our price. [editline]13th April 2012[/editline] Basically balance it out so everyone receives enough pay to buy food.

[QUOTE=Hidole555;35549532]I think that was timmyvos. I recommend as another finance official whoever made that chart with the currency exchange rates a few pages back. I think it was Eltro102 but I'm not entirely sure as for some reason I can't find the post again. :([/QUOTE] chart? i dont think i made that but i posted about spread and speculation and making money from curreny

What i'm trying to say is: What if we try to shift the market from the greedy company owners to the workers and buyers. We don't really need a filthy big profit like those milkers right?

[QUOTE=Scientist2;35555730]What you just said is what i'm basically doing right now. The inflation shouldn't be a problem at the moment. [editline]13th April 2012[/editline] I see what you mean and i can see it work. But wouldn't it be smarter to keep paying the workers and just drop the market prices by undercutting the current prices heavily ? [editline]13th April 2012[/editline] The competitors basically won't have a choice but to leave or go with our price. [editline]13th April 2012[/editline] Basically balance it out so everyone receives enough pay to buy food.[/QUOTE] can we offer the competitors to join us and bolster our supply?

[QUOTE=Eltro102;35555789]can we offer the competitors to join us and bolster our supply?[/QUOTE] They probably wouldn't want that. It would mean they would actually help korea and not their own wallet. Those are exactly the people we want to see leave Korea.

wouldnt it be good to have some people working outside Korea eg in Lithuania where they can make more money and funnel it back to us?

[QUOTE=Eltro102;35555803]wouldnt it be good to have some people working outside Korea eg in Lithuania where they can make more money and funnel it back to us?[/QUOTE] Yes, and we currently have people funneling money through other country's :dance:

we could buy out that dude just above us, he doesnt have a food company but buys it from somewhere else

I remember this game. [img]http://i.imgur.com/Bipwc.jpg[/img] It wasn't too much of a timesink, but it sure did feel a bit pointless in the end.

[QUOTE=BradB;35555906]I remember this game. [img]http://i.imgur.com/Bipwc.jpg[/img] It wasn't too much of a timesink, but it sure did feel a bit pointless in the end.[/QUOTE] That's awesome in a sick sadistic way.

Needless to say, that has been removed.

[QUOTE=Scientist2;35555787]What i'm trying to say is: What if we try to shift the market from the greedy company owners to the workers and buyers. We don't really need a filthy big profit like those milkers right?[/QUOTE] What good is money if the goods are too expensive to own? With the large profits we make our own companies so that we don't have to adjust our prices so that people can afford gifts because then both gifts and food would be next to nothing, allowing for slim profit and maximum xp gain, which is the main goal of our companies.

Theres some major differences in financial philosophy here. I like it :)

Iran is barely etching out a victory against the marauding Indonesians. Poor bastards.

It appears that citizenships autodecline after a little while.

[QUOTE=DVH;35556919]It appears that citizenships autodecline after a little while.[/QUOTE] In eRep if your request expired or was declined, you had to wait 2 weeks to reapply