Esim - MoF- Loans for the Citizens Proposal
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MoF- Loans for the Citizens Proposal (Old article)
Posted 11 years ago by
Auggustus    
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L.S.

In the Netherlands, we have recently been wondering what to do for our country to make some extra cash so that we can keep our taxes nice and low, as well as products nice and cheap.

Right now im n my 4th term as Minister of Finance. During this period our chief concern was to ensure a stable currency and maintain a gold buffer for bad times.

Our country currently has around 400 - 500 Gold in the bank. Basically it is enough for us to make a Q5 company somewhere in the world, however the major problem is finding someone to effectively manage it, and ensure it runs for a profit. Also we would need to trust an extra individual to the national org, what isn't always the best idea.


I believe that if we maintain a buffer of around 200 gold, that would leave us with 300 gold to use in order to make money.

One of the best suggestions I have received so far is for the Netherlands to offer Gold loans to its citizens.

The idea would be simple and stay simple.

1) You would need to be a lvl 12+ citizen of the Netherlands in order to apply for a loan.
2) The Loan investment would need to be in a company located outside of the Netherlands.
3) Ownership of the company would need to be in the hands of the person who received the loan (or the CEO f a NL owned SC).
4) Loans would be @ 50 - 100 Gold.
5) Interest on the loans would range from 5 - 10 gold per month (so around 10% a month)
6) Length of the loan would be max 60 days. (Loan extensions would be possible, but repayment of the loan would needed)
7) Must be an active citizen and a citizen in good standing. If we don;t know you, you don't get a loan.



Let me know on your thoughts on this so comment below


Auggustus

P.S. Idea from Luuklag and Co. :p

Previous article:
Call me a Capitalist! (11 years ago)

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