Bring THE BANK BACK! (in General)


TinTizzy February 28 2008 7:29 AM EST

Wow i suprised no one came up with this Befor but i want the bank back and make it as much as you want in it WHOS WITH ME!

Ulord[NK] February 28 2008 8:45 AM EST

This is one of the oldest suggestions on the FORS. Bank serves no purpose other than inflating the economy. It's not coming back.

SuperHD February 28 2008 8:49 AM EST

what is the bank? remember that not everyone as played as long as you veteran !

even if i don't know what it is or what it do Bank always sound good to my hear :)

Ulord[NK] February 28 2008 8:51 AM EST

Bank is exactly as it sounds, except it's not a lending institution. You put money in it and it gives some interest. We had that way back, and it was a bad idea, even with a low deposit limit.

Wizard'sFirstRule February 28 2008 8:52 AM EST

the bank offers a fix rate return for your spare money, you can earn that by investing in items and putting them on rental etc. you don't get the fix rate, but there should be a small return none the less.

SuperHD February 28 2008 8:54 AM EST

ok thanks for the info its really appreciated Ulord

Ulord[NK] February 28 2008 10:08 AM EST

A banking system cannot work unless it's a full institution. That means we need a zero sum game to stop it from just arbitrarily inflating the economy with money coming out of nowhere.

Think about it this way. A real bank takes deposits then lend them out to customers, earning a spread on the difference. They do not just create interest out of thin air and distribute it to its depositors. That's the same as arbitrarily printing money every week. Say if the CB bank takes deposits and then lend them out to others at the same rate, paying back the interest from interest income, then you have a working system.

Bull3t F4c3 February 28 2008 3:08 PM EST

how about having a bank that charges a highter % to lend out the give interest and just ban loaning money from pper to peer for a while untill people start charging more than the bank would. then it would serve some purpose
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