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W3C - Contracts and the Spending space

Topics: General: W3C - Contracts and the Spending space

Andy

Monday, October 16, 2023 - 10:07 am Click here to edit this post
A discussion about the spending space of countries and the inclusion of contrat purchases within the spending space, lead us to conclude that many essential products that are used by the population of counries should be exampt from inclusion in the spanding space.

This change will prevent problems with the purchasing of essential consumption products.

We will now look at what exaclty needs to be done and which products will be included.
We will publish the list of products we consider essential and try to give an estimate of the date when this change can take place.

The change will have no consequences for the purchasing of large items in health, education, government assets, wind energy or weapons and ammunition. Weapons and ammunition are included in a separate spending space).

Unsthable

Monday, October 16, 2023 - 04:21 pm Click here to edit this post
Your proposed change is the very dangerous problem that you were worried about that made you implement a spending space cap in the first place.

The idea of just exempting certain items that you personally deem essential from the spending cap opens those products wide up for the market massive market manipulation you fear. Not to mention on the surface that sounds like an extremely convoluted and overcomplicated answer to the problem, and again subject to the whims of what you personally deem is 'essential'. Any shortage in country stock drops the supply index, so everything that the country consumes is essential by that logic.

Like it or not, wind power is the elephant in the room by your own design. That is far and away the primary reason for the need of this discussion in the first place, because you chose to tie its monthly income to the country in a way where the country is essentially a corporation and has to purchase the turbines to make their output farms. You didn't actually respond to any of the discussion points that I made in the other thread so I can't say anything new because it feels like you take a couple words out of a paragraph at random and choose them to respond to.

I could absolutely be wrong, but I feel that my suggestion for dealing with the contracts and spending space issue was much more straight forward than what you're proposing and just makes sense. There very well could be critical issues that I am overlooking, so by all means please respond. For those that missed the other discussion, the main proposal is:

Local Contracts (contracts made between a country and its state owned corporations) are not subject to spending limits.

The reasoning behind this is that the products the country produces for itself aren't part of the international market. The country determines that a product is essential to them, and they produce it themselves within the limitations of their population and worker education. It incentivizes growth while substantially limiting market manipulation.

Newer players and smaller countries absolutely have to be protected from the financial exploitation that larger countries could be capable of without limitations. Larger players should also not be punished just for being large. Some players have openly stated that they were at a point with their money where they had nothing to do with it. Players don't get to that point without giving you a fair amount of actual money and putting in time. Separating local contracts from spending space considerations essentially provides rolling spending cap relief as players grow larger on the stipulation that they are supplying the products themselves. Again, not common market contracts, local contracts. No matter what, the benefit will be limited by the country's population.

Daniel Iceling

Tuesday, October 17, 2023 - 02:28 am Click here to edit this post
Andy,

I think this change is unwise. Removing spending limits for essential products, opens the market to large manual orders, that players can use to destabilise and manipulate the global market.

Andy

Tuesday, October 17, 2023 - 08:39 am Click here to edit this post
Thank you for these warnings.
We will consider them when we remove some contracts from the spending limits.

There are many options to introduce such a function without the risks you describe.

we will look into it and consider the options.

what we want to achieve is clear.

Countries should be able to purchase consumption products for their population to prevent, for example, shortages of food, even if the contracts they have are using the entire spending space.


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