T
Tom Fitzpatrick (Little Upsilon)
All worlds
29 Sep 2011 08:35Link
As far as I can tell the GC/SC$ exchange rate is a tool the GM uses to regulate the SC$ money supply. As such if several people bought quite a few coins and the GM did not change the exchange rate there would be huge amounts of inflation in SimCountry. This is because if 1000GC are purchased and converted to SC$ that ends up with a nearly 150T SC$ increase in the simcountry money supply, that happening several times would lead to huge inflation, and since deflation seams to be the policy of the GM atm they are unlikely to let that happen. So father devaluation of the GC is likely if people try to transfer US$ into GC or if the GM continues their policy of deflation in SC$