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Too Much Currency Held In The Mm


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#1 jkeller4000

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Posted 08 April 2015 - 06:32 PM

ok the idea i see is there is tons of currency just sitting on the MM.  lots of people selling currency for gold.  

 

back when gold was 2000. selling currency was in the 0.50 range,  and a change of .01 was only 2% 

 

but now when gold is 200.   selling currency is in the 0.05 range   and a change of .01  is 20%

 

with gold being 230  people think they can make money selling currency for .05 gold and then selling gold for 230.

 

and this if done once a year is 15% return.  and all the companies are significantly less than that.  

 

 

what4 offered a great suggestion.  adding a decimal place.  allow the MM to be trading at  0.0048

 

what will happen is that lots of people will see that they can no longer make money trading currencies,  and will move the funds into other methods of investments.  buy gold to build factories.  or buy and store weps until they can sell them later.

 

 

anyways adding 1 more decimal to the monetary market will send a bunch of currency that is tied up in the monetary markets into the economy and we will hopefully see a jump in activity.  when people are not just sitting on large piles of cash waiting for it to make money 

 

 

or a charge for selling currency on the monetary market.  



#2 plasticola

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Posted 08 April 2015 - 08:45 PM

This was suggested before, but sadly I must say, that Plato never reaches this section of the forum.


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