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Author: Subject: bonds
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[*] posted on 3-10-08 at 03:58 PM   «:|:»  Link to post Reply With Quote

So we were discussing bonds and T-bills in my economics class today and I started thinking it would be a good way to do loans in soulbay. The idea would be that we get rid of the current loan system, replacing it with another buy/sell of bonds. An individual could sell bonds as a form of loans, the individual who purchased the bond would hold an investment card. That bond would collect interest and the way to get rid of the debt would be to purchase your bond back with the accumulated interest.

just an idea, I think it could be cool, but there are some logistical issues...

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[*] posted on 3-10-08 at 04:19 PM   «:|:»  Link to post Reply With Quote

Sounds like a good idea if you ask me, I could invest a few bucks in that if it came to pass.

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[*] posted on 3-10-08 at 04:22 PM   «:|:»  Link to post Reply With Quote

Ya, its not a bad idea G. A bunch of us had already kicked the idea around at a party. I think the conclusion was that it would have to wait for a big amount of downtime.

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[*] posted on 3-10-08 at 04:28 PM   «:|:»  Link to post Reply With Quote

So gmoney, sounds like you are in a Money and Banking class.
Now that you understand truly, im assuming you were paying attention to your class, how it works, how do you feel about the Federal Reserve System?
PS sorry to take it off topic

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[*] posted on 3-10-08 at 05:46 PM   «:|:»  Link to post Reply With Quote

Is a good idea, I will look into the possibilities for this on the next upgrade. It would probably be durring the summer something like this could get added.

I wonder if maybe instead of removing the loan system just down scale it and add bonds as additional loan options.

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