With the recent development and expansions of EVE I believe its time to take the step to create a better capital market.


Creation of a "risk free" rate.

In order to value all other financial products in Eve, a risk free rate is essential.

The major and minor factions all pay ISK to players via missions & bounty prizes and they receive ISK via transaction taxes, skill books etc. However they are running a deficit which is covered by "printing" ISK and hence increasing the money supply.

Instead of printing ISK, CCP can create a risk free rate by selling bonds through EVE market (at NPC bank stations) to cover the defecit.

I suggest 3 types of bonds: 1 week, 1mth and 3mth bonds, which are sold every Sunday.

All bonds will have a notional of 10mio ISK and the rate determined by selling price. Players can enter market orders at fx 99.00 which means that the player pay 9.9mio for the bond and receive 10mio at maturity. CCP start filling highest bids first and fill them until the deficit have been covered. If rates get to high or market orders cannot cover the deficit , CCP central bank will buy the outstanding bonds by printing.


To make the system more realistic and incorporated with EVE universe the current currency ISK which is completely unrealistic need to be replaced. ( https://forums.eveonline.com/default.aspx?g=posts&m=2974285#post2974285 )


Instead of 1 currency (ISK) , 4 new currencies wud need to be created , each printed and regulated by the major factions: Caldari yen -Ñ , Gallente Mark , Minmatar pund -ú and Amarr franc Géú.


We need these changes to create a free banking system and later a efficient stock & bond market. I will create another thread on these topics later.

RAW23 you have no substance behind what you are saying.
The only thing you can say, is that its a bad idea. If you have no arguements please remove your post and refrain from participate in the future.

One topic you raise (without any substance) is that you are affraid that players receive a return on an investment.
I dont see your point in that, its a principle derrived from RL economics and a compensation for not having access to your money in a period of time.
Yes people get a return but as the money is not availeble for them inflation will go lower. Also people generally invest their money into ships and equipment which might give them a return. This will just be an alternative.

Finally, It will put pressure on the State (CCP) to get a balanced fiscal policy in EVE and not running large defecits forever.

If you have no arguements please remove your post and refrain from participate in the future.

One topic you raise (without any substance) is that you are affraid that players receive a return on an investment.
I dont see your point in that, its a principle derrived from RL economics and a compensation for not having access to your money in a period of time.

Yes people get a return but as the money is not availeble for them inflation will go lower.

Also people generally invest their money into ships and equipment which might give them a return. This will just be an alternative.

Finally, It will put pressure on the State (CCP) to get a balanced fiscal policy in EVE and not running large defecits forever.

Let me outline the end goal first:
In the future I would like to see player owned factories, banks, research facilities, universities etc. all build on RL principles.

These instituions will give players in EVE more choices and be the foundations for PVE wars over real assets not just ganking and griefing.
These institutions would have to be so expensive to build and maintain that you would have to go to the capital markets in order to secure the funds needed.

The foundation for capital markets go back to the most basics cost of capital and hence the need for a "risk free " benchmark.

Its true that Investors in state backed assets will receive a return and it will be a cash flow stream into the EVE economy. However as CCP now will have to balance the books it would properly have to create other income streams elsewhere to offset this.

Finally a risk free assets proberly will not yield that much that you will see a spike in inflation based on this. The liquidity they drain from the system will properly be more inflation dampening if anything.

posting in a uniquely garbled MD troll thread. I can't believe you got taken in, Raw.

... and Minmatar Drachmas (duct tape held together republic).

I am not going to comment on some peoples hash statements like: "get out" or "this is a weird thing". If they do not have any real arguments I will only hope they will stay away from this thread in the future.

RAW23 your posts show that you as a person have very limited personal qualities and no qualifications.
This is properly due to your young age. I suggest that we speak again once you at least have a high school diploma - So contact me again in 6 years time.

Best statement in the whole thread.

Also for those interpreting "risk free" as literally risk free... it's a financial term for a theoretical rate. Even IRL the risk free rate is not risk free.

OK thread was locked for cleaning, and I want to make a couple of points clear:

1. The whole thread was read by me.
2. I deleted a couple of posts that were beyond a reasonable discourse.
3. Please do not use the moderation system as a way to squash arguments.


That being said, be civil and this thread will stay unlocked.

...and it's still being linked to, which means new readers had to slog through post after post of major jerk factor in order to read anything useful.

Who cares?

HTFU and GTFO.

Laying out bait to get the thread closed, eh?

Bye bye now.