Esim - How to fix the "Markets"?
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Hello friends!
It has been more than 4 months since I have written my last article. Now I decided to come back with another economical post. Yap! My favorite part.

One of the most charming thing I have achieved while I was CP of e-Bangladesh was to be able to control all the markets well and make it a clone of Polish market (which used to be one of the strongest and most active markets in e-Sim world).

We sold almost all the popular products at Polish equivalent price and the market was pretty active. BDT
-Gold
buy-sell ratio was good and pretty stable. Many players used local market for business and for personal purchase. Even Org made good profit by buying and selling currency.



How did we do it?

It's simple. Source of all market stability is "Local Currency Control". Suppose there are 50,000 BDT
in market. You (Org) need to have as much as possible in her account by buying the currency from money market or by selling products at local market for BDT
. In this way, we create an artificial local currency crisis.

When Org has significant amount of Local Currency in hand, Org can play with local market in a way it wants. For example, if we want the price of BDT
to be 0.06 Gold
. Then we will sell BDT
for no less than 0.061 Gold
from org. If someone else sells BDT
at cheaper rates we will buy all from him.
On the other hand, we will put BDT
buy offer for 16.67 BDT
/Gold
.



Now there are gamblers in the market. Some people with big money wait for an opportunity to buy all the local currency or Gold and manipulate market. To stop them we need big big stock of Gold and Products. If we can keep providing Gold and Products to the market at constant rate, market will remain stable any way. There will be people who buy and sell BDT
at Polish rates but sell their products to the market at higher rates and grab big profits.
For them we need to sell products at reasonable price so they can not steal our money from the market.


Now you know it!


Previous article:
Dynamic Political Party (11 years ago)

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