RPG Economy
Upon joining the RPG each person receives 100 gold, thereon each player receives 50 gold per turn chat, in theory about 100 gold per week extra, extra revenue can be gained by businesses, revenue from land etc.
BANKING
All accounts are kept at the Bank. Salaries are added to all accounts after each turn chat. All transactions must be posted at the bank with a link to the transaction post or a copy of the PM/email where the transaction occurred. Only one party of the transaction should make the transaction post, to avoid confusion. If the transaction is made at a business, the business owner will post the transaction. All amounts are rounded to the nearest whole number. Private transactions should be posted immediately. Businesses may hold their transactions until the day of the next turn chat and post them all at once.
Loans
Simple loans are available from the bank at 5% or 10% interest, after the researching of Banking inside of the game. 5% loans are for the purchase of assets (items, stores, etc.). 10% loans are signature loans and can be taken for any reason. Loans are repaid over a maximum of 3 terms. Maximum loan amount is 1/2 of your expected income over the loan period. All calculations will be based on an expected 8 turn chats per term. Loan payments are deducted automatically from salaries. A citizen may have only 1 outstanding loan at a time. Loans may be paid off early but no refund of interest is given. Contract salaries are figured assuming 10 turns per chat.
Stores/Shops:
OFFICIAL BUSINESSES
these are business threads run by a Manager (or an Assistant) that sell goods at the official market price (as set or authorized by a Manager). They record all transactions to the bank at each turn chat. They do not record profits.
PRIVATE BUSINESSES
The first private business that a player creates is free, following that every business thereafter costs differing amount of money to set up as shown below.
Place of Business start-up expenses
2000g: Large goods (houses etc)
1000g: Small Goods (food, clothes)
500g: Services (no goods exchanged)
0g: Non-profit organizations (no goods or services exchanged)
If a player wants to create a second business, that business start up costs must then be multiplied by the number of business you have previously.
Size factor:
Personal business: x1
Private company: x2
Public company: x3
Corporation: x4
Supply
It is assumed that each business has enough material to supply their customers.
Technology Restrictions
The technology of items sold can be no more advanced than one tech above our current knowledge in the actual Civ4 game.
Example: If we have Bronze Working then Iron Working is one advance away. Items dependent on Iron Working (sword, metal armour, etc) could be legally sold.
Taxation
Large goods businesses are taxed 20% of total income
Small goods businesses are taxed 10% of total income
Service businesses are taxed 5% of total income
Non-profit organisations are not taxed
Selling the shop
Businesses can be sold or liquidated. When liquidated, 50% of the Place of Business costs are returned to the seller. If sold to another private owner the price is negotiated. The buyer will then need to pay normal legal start-up fees but will not have any Place of Business expenses.
War Bonds
War Bonds are a way to invest in your civilization's war efforts. Depending on the outcome of the war, your war bond can help you make money or help you lose money. War bond rates usually depend on objectives, units lost, cities lost and cities captured. Each war will have different rates and objectives. Objectives are determined by the current SoW. To purchase war bonds, please go to the
Office of War Bonds Thread.
Rules of Purchase-
1) War Bonds may only be purchased at war time.
2) War Bonds will only be payed back when peace is declared.
3) You may invest in as many wars as you like.
4) When investing you are only investing towards war with the specific country listed. Investing (purchasing) a war bond does not mean you are purchasing it for wars with multiple countries, even if we are at war with more than one country at a time.
5) Rates can not change after war is declared.
6) All purchasing of war bonds must be done in the
Office of War Bonds Thread.
7) Bonds are controlled by the Office of the Treasury
