Forums
First  << 1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20 >>  Last
Forum Main>>Announcements>> Interest rate change
Chedburn

ID: 1
Level: 35
Posts: 7240
Score: 12650
Chedburn [1]Reply | Quote | Report

Thread created on Wed Mar 04, 2009 01:56:14
Last replied to on Fri Aug 27, 2010 05:05:31
We are currently discussing removal of the bank cap, we feel it may be wise to leave it in place and reduce interest rates by 25%-50%. Rates which will fluctuate to keep money worth as much as it is to prevent large scale inflation and to get everything back to normal.

Be warned, tomorrow the bank interest rates will be changed to a much lower, fluctuating rate which will raise / fall slowly each day. Current investments will not be effected. Bank cap will be removed, so youll be free to invest however much you like.

This is another change in a bid to cease inflation, and not the last.

Thank you.



Edited by: Chedburn on 04/03/09 at 4:19:49 PM

Ched.jpg
Super secret reinforced spam barrier 2.0
KrakFreak

ID: 9170
Level: 75
Posts: 7604
Score: 3679
KrakFreak [9170]Reply | Quote | Report

Posted on Wed Mar 04, 2009 01:57:16
ahh thnx ched... as long as current investments wont be effected im happy

krak.jpg
Super secret reinforced spam barrier 2.0
Rastra
ID: 634341
Level: 33
Posts: 538
Score: 87
Rastra [634341]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:00:19
:o

84q36.jpg


**For Sale**
Super secret reinforced spam barrier 2.0
Marmaduke
ID: 868541
Level: 34
Posts: 617
Score: 12
Marmaduke [868541]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:00:35
By Chedburn [1]
Be warned, tomorrow the bank interest rates will be changed to a much lower, fluctuating rate which will raise / fall slowly each day. Current investments will not be effected. Bank cap will be removed, so youll be free to invest however much you like.

This is another change in a bid to cease inflation, and not the last.

Thank you.


Excellent,
another way to shaft the players that haven't got billions already
:|

Super secret reinforced spam barrier 2.0
Jon-Claw
ID: 916986
Level: 38
Posts: 371
Score: 53
Jon-Claw [916986]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:00:43
And what about banking merits?

Super secret reinforced spam barrier 2.0
Cool_Cat_Mac

ID: 73269
Level: 60
Posts: 1243
Score: 309
Cool_Cat_Mac [73269]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:01:04
<above post said the same thing>


Edited by: Cool_Cat_Mac on 04/03/09 at 2:01:29 AM

mkk5rd.jpg
Always buying Teddy Bears for $60
Super secret reinforced spam barrier 2.0
Rick_Diculous

ID: 984129
Level: 80
Posts: 17964
Score: 9070
Rick_Diculous [984129]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:01:28
How are merits going to be affected. I just spent half my merits on interest and got one two week period out of it. What a waste

http://www.torn.com/forums.php?forumID=4&ID=14168814


Make it happen Ched
Super secret reinforced spam barrier 2.0
_BELL_

ID: 113839
Level: 72
Posts: 2401
Score: 606
_BELL_ [113839]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:04:10
/me handing out KY mail me

193899688141891897.gif
Super secret reinforced spam barrier 2.0
-Mercurial-

ID: 256382
Level: 35
Posts: 605
Score: 225
MY-Mercurial- [256382]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:04:39
Yeah. Another 'downdate'.

Super secret reinforced spam barrier 2.0
ToughGuy

ID: 35316
Level: 62
Posts: 1341
Score: 331
NOVAToughGuy [35316]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:05:06
By Bruce_Parry [868541]
By Chedburn [1]
Be warned, tomorrow the bank interest rates will be changed to a much lower, fluctuating rate which will raise / fall slowly each day. Current investments will not be effected. Bank cap will be removed, so youll be free to invest however much you like.

This is another change in a bid to cease inflation, and not the last.

Thank you.


Excellent,
another way to shaft the players that haven't got billions already
:|


too true.

man Chedburn, you have a way to make people hate your game. this will be the second time you have screwed people on banking. thanx buddy

JohnandClint1.jpg

MrSands will always be remembered.
Super secret reinforced spam barrier 2.0
aerozol

ID: 15400
Level: 25
Posts: 8785
Score: 2188
aerozol [15400]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:05:33
By Bruce_Parry [868541]
Excellent,
another way to shaft the players that haven't got billions already
:|

f**k people on this game are idiots.

DOES NOBODY ON THIS GAME WANT TO STOP INFLATION?

PALESTINE
Super secret reinforced spam barrier 2.0
1032873
ID: 1032873
Level: 21
Posts: 167
Score: -35
1032873 [1032873]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:05:51
No spamming.


Edited by: ThatIrishGuy on 04/03/09 at 6:40:12 PM

Super secret reinforced spam barrier 2.0
KrakFreak

ID: 9170
Level: 75
Posts: 7604
Score: 3679
KrakFreak [9170]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:06:20
By aerozol [15400]
By Bruce_Parry [868541]
Excellent,
another way to shaft the players that haven't got billions already
:|

f**k people on this game are idiots.

DOES NOBODY ON THIS GAME WANT TO STOP INFLATION?


most dont care about inflation... most only care about themselves

krak.jpg
Super secret reinforced spam barrier 2.0
badams

ID: 66692
Level: 61
Posts: 684
Score: 21
badams [66692]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:07:27
Whew, so glad current investments won't be affected. I'm good for 45 days then.

Would also like to know about our interest rate though.


Edited by: badams on 04/03/09 at 2:08:05 AM

Super secret reinforced spam barrier 2.0
ToughGuy

ID: 35316
Level: 62
Posts: 1341
Score: 331
NOVAToughGuy [35316]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:10:15
By aerozol [15400]
By Bruce_Parry [868541]
Excellent,
another way to shaft the players that haven't got billions already
:|

f**k people on this game are idiots.

DOES NOBODY ON THIS GAME WANT TO STOP INFLATION?


you are still an idiot. banking did not cause the ridiculous inflation. people in the stock market did. i've been playing for 4 years and only barely broke the 1 bil mark in money - yeah my banking really hurt the economy huh?

oh and thats including not using drugs for a full year just to save money.

JohnandClint1.jpg

MrSands will always be remembered.
Super secret reinforced spam barrier 2.0
KrakFreak

ID: 9170
Level: 75
Posts: 7604
Score: 3679
KrakFreak [9170]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:12:13
yeah... but now that the stockmarket is changed.. the bank is one of the biggest things that introduces new cash to the game..... anyone with half a brain could figure out that it was next to be fixed by lowering interest rates.......


krak.jpg
Super secret reinforced spam barrier 2.0
Vernunzio

ID: 730674
Level: 61
Posts: 1536
Score: 1226
NuBzVernunzio [730674]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:13:52
Ouch. That turns my longterm planning upside down and sure lowers the value of the 28 merits I spent on banking.

Banking is way different than stocks and point market because people were abusing the system in stocks and points. In banking there's only one way to use the system, and that's exactly as it was set up to be used and exactly the way people relied on it to continue as they spent merits on it.


Do you want specials of free strength, free energy, and pay of up to $125,000 daily??? join my five-star furniture shop! My company is huge and has room for 63 employees, and it will be one of the first to ten stars! Check my profile for more detail
Super secret reinforced spam barrier 2.0
Jon-Claw
ID: 916986
Level: 38
Posts: 371
Score: 53
Jon-Claw [916986]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:14:37
By KrakFreak [9170]
yeah... but now that the stockmarket is changed.. the bank is one of the biggest things that introduces new cash to the game..... anyone with half a brain could figure out that it was next to be fixed by lowering interest rates.......


True, but this is completely unfair to those who wasted merits... I'm lucky I only used a few.

Super secret reinforced spam barrier 2.0
ToughGuy

ID: 35316
Level: 62
Posts: 1341
Score: 331
NOVAToughGuy [35316]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:15:20
By KrakFreak [9170]
yeah... but now that the stockmarket is changed.. the bank is one of the biggest things that introduces new cash to the game..... anyone with half a brain could figure out that it was next to be fixed by lowering interest rates.......


why not lower money gained from crimes also? how about cut all the sell rates back to the game in half? how about not selling ammo back to the game at all? how about lets raise property taxes 100%? why not just do a total income tax right now on everyone in the game and take 30% of what they have?

i can come up with lots of ways to screw the average player. maybe i should apply to staff

JohnandClint1.jpg

MrSands will always be remembered.
Super secret reinforced spam barrier 2.0
KrakFreak

ID: 9170
Level: 75
Posts: 7604
Score: 3679
KrakFreak [9170]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:15:29
just wait... after the bank changes are made itll be companies that are fixed...... once companies are fixed... that should take care of the biggest introducers of new cash to tc....

krak.jpg
Super secret reinforced spam barrier 2.0
aerozol

ID: 15400
Level: 25
Posts: 8785
Score: 2188
aerozol [15400]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:16:36
By ToughGuy [35316]
you are still an idiot. banking did not cause the ridiculous inflation. people in the stock market did. i've been playing for 4 years and only barely broke the 1 bil mark in money - yeah my banking really hurt the economy huh?

oh and thats including not using drugs for a full year just to save money.

My banking did, I have billions, all for free. You did it wrong.
I benefited with MILLIONS a day, rendering the few k the new players are making off crimes WORTHLESS.

And the stock market did too, what's your point? That they fixed BOTH of them??

PALESTINE
Super secret reinforced spam barrier 2.0
Cool_Cat_Mac

ID: 73269
Level: 60
Posts: 1243
Score: 309
Cool_Cat_Mac [73269]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:18:24
how will companies be "fixed"?

mkk5rd.jpg
Always buying Teddy Bears for $60
Super secret reinforced spam barrier 2.0
ToughGuy

ID: 35316
Level: 62
Posts: 1341
Score: 331
NOVAToughGuy [35316]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:21:05
By KrakFreak [9170]
just wait... after the bank changes are made itll be companies that are fixed...... once companies are fixed... that should take care of the biggest introducers of new cash to tc....


and all you've done is cement who the richest of the rich will be forever. there will be no way to significantly increase your cash.

so your opinion is just deal with it? wow

JohnandClint1.jpg

MrSands will always be remembered.
Super secret reinforced spam barrier 2.0
KrakFreak

ID: 9170
Level: 75
Posts: 7604
Score: 3679
KrakFreak [9170]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:22:16
theres no other wya to stop all this new money from coming into tc... you could make all the cahs sinks in the world.. but people will still choose not to put there cash onto them... easiest way to stop all the cash is to not introduce it into the game... simple as that .....

krak.jpg
Super secret reinforced spam barrier 2.0
Southstar
ID: 439031
Level: 32
Posts: 2775
Score: 90
Southstar [439031]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:22:44
nooo Tc bein ruined!

Shellshock.png
www.youtube.com/watch?v=cELwvmnnbqw
Super secret reinforced spam barrier 2.0
Rino_007
ID: 344056
Level: 65
Posts: 4491
Score: 1505
Rino_007 [344056]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:22:56
By KrakFreak [9170]
just wait... after the bank changes are made itll be companies that are fixed...... once companies are fixed... that should take care of the biggest introducers of new cash to tc....

Companies are already screwed.

Super secret reinforced spam barrier 2.0
Healen
ID: 78092
Level: 40
Posts: 1009
Score: -66
Healen [78092]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:23:51
stock market is the one who did the damage to the system. so many changes in a short period is not impressive at all.

Healen.png
Super secret reinforced spam barrier 2.0
Vernunzio

ID: 730674
Level: 61
Posts: 1536
Score: 1226
NuBzVernunzio [730674]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:29:21
Once points were fixed, what really is/was inflation affecting besides collectibles and enhancers which would be out of reach for most people anyway?

All the essentials (weapons, armor, property, points) were at fixed prices. And while drug prices weren't fixed, they were available through the system and also not really subject to inflation. So if someone with more money than a bailed out banking exec wants to spend $120 million for a stat enhancer or $250 million for a staff collectible, more power to em.

I don't see the reason why this change was necessary.

Do you want specials of free strength, free energy, and pay of up to $125,000 daily??? join my five-star furniture shop! My company is huge and has room for 63 employees, and it will be one of the first to ten stars! Check my profile for more detail
Super secret reinforced spam barrier 2.0
schildiddy

ID: 894623
Level: 52
Posts: 655
Score: -47
schildiddy [894623]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:29:27
why not take everyone with more than $1,000,000 down to $1,000,000 that would fix inflation in 1 day.

Anybody think this is a good idea?


PS I have more than 1 mill

Super secret reinforced spam barrier 2.0
prophet

ID: 867623
Level: 51
Posts: 420
Score: -34
9in.prophet [867623]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:29:56
meh...not much point in complaining about it. We see how well the public opinion and voting worked on the last change.

Super secret reinforced spam barrier 2.0
Tranquility
ID: 1123265
Level: 22
Posts: 1793
Score: 950
Tranquility [1123265]Reply | Quote | Report

Posted on Wed Mar 04, 2009 02:30:10
should not have bank interest rates at all. most games let you put it in the bank with no interest. I don't see why interest is necessary because it just benefit those who are here longest without doing much work.

make interest zero and refund the merits for bank interest thingy.

222p.gif
Forum Main>>Announcements>> Interest rate change
First  << 1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20 >>  Last

This thread has been locked.