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DSA Common Currency; yeah, that's sums it up
Topic Started: 22 Nov 2013, 02:00 (2,246 Views)
Diederick Antonius
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I think we are pretty much in agreement that this could be a great addition in roleplaying, and perhaps create an extra dimension to IC gameplay - albeit an optional one. I also don't think many nations will want to alter their current national currency (I for one, will not drop the aurei).

I suggest it may be attractive to create an opt-in with a regional bank, to officially declare a nation's willingness to engulve themselves in regional economics.

Names for currency I have gone through are the aurei (Arcomo) and the carbon credit (all other nations I have ever had, except DSA embassies and the capitol).

The "Assembly's Mark" seems attractive to me. It has the word 'Mark' in it, and declares it as ours. Definitely not 'dollar' and certainly not the 'CMKoin', as proposed in our RMB.
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Diederick Antonius
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Javandria
22 Nov 2013, 16:05
Puts roleplaying glasses on I agree that it would be benefical to the economy of DSA to have common currency. However, If we do establish this common currency, I think we also should establish a common economic policy. Otherwise it might end up like euro: Eurozone has common currency, but it doesn't have common economic policy, and as everyone knows, that didn't end up so well.
I don't think any of this is necessary, though it would make for interesting discussion I'm sure (and so, I'm all for it). It's unnecessary because there is (as of yet) no interregional economy. We are not trading the 'Assembly's Mark' (or whatever we end up calling it) for US Dollars, or Euro's, or Yen; so the worth of our regional currency is not really relevant outside of our region.

I do think a regional bank could be fun and useful, like I mentioned in my previous post. Eventually regional economical policies might come naturally as this whole idea integrates into our regular business.
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Herrebrugh
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Why the "mark"?

Am I missing something here? When I think of the mark I can only think of the former currency of Germany.
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Suceavija
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My long awaited NationStates Leftist Trade Organization (NSLTO) could finally get some wings depending on the outcome of all this talk about economic policy :D

Please continue :)

I think I'm partial to the Assemblo, or perhaps the Suceavijan-backed Global Monetary Unit (GMU) :P
I think I still have some old Dmarks buried deep in my closet. That was my only guess as well.
Edited by Suceavija, 22 Nov 2013, 23:59.
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Herrebrugh
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Suceavija
22 Nov 2013, 23:54
My long awaited NationStates Leftist Trade Organization (NSLTO) could finally get some wings depending on the outcome of all this talk about economic policy :D

Please continue :)

I think I'm partial to the Assemblo, or perhaps the Suceavijan-backed Global Monetary Unit (GMU) :P

What about the Guilder of the DSA? :P
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Diederick Antonius
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Herrebrugh
22 Nov 2013, 23:53
Why the "mark"?

Am I missing something here? When I think of the mark I can only think of the former currency of Germany.
Well yes, and after Marx, Karl, of course.

Assembly's Credit could be fitting too, if we want to avoid existing currency titles.

GMU might also work, but it's not global and suggesting 'globality' would also screw up my world. Regional Monetary Unit (RMU) or Assembly Monetary Unit (AMU) might be good alternatives.
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Herrebrugh
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Diederick Antonius
23 Nov 2013, 00:04
Herrebrugh
22 Nov 2013, 23:53
Why the "mark"?

Am I missing something here? When I think of the mark I can only think of the former currency of Germany.
Well yes, and after Marx, Karl, of course.

Assembly's Credit could be fitting too, if we want to avoid existing currency titles.

GMU might also work, but it's not global and suggesting 'globality' would also screw up my world. Regional Monetary Unit (RMU) or Assembly Monetary Unit (AMU) might be good alternatives.
Oh. Well, then you should just call it the Marx, imo :P
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Diederick Antonius
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Herrebrugh
23 Nov 2013, 00:08
Oh. Well, then you should just call it the Marx, imo :P
You're probably right. Marx just sounds plural and that makes it less attractive to me.

Concerning this ongoing debate, I think it's probably wise if our MDA or MRP sends out a regional telegram for our member nations to come up with currency titles. Who knows what brilliant ideas may be lurking in the undiscovered member territories of the DSA...
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Corujean
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I'll bring this up to the Cabinet, if there is no problem, I'll do it, or maybe Arahu.

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Diederick Antonius
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Corujean
23 Nov 2013, 20:35
I'll bring this up to the Cabinet, if there is no problem, I'll do it, or maybe Arahu.
I think this concerns the Offices of the MDA and the MRP, as well as our regional leaders. So a Cabinet deliberation is probably in order.
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