Call !!!!! Request: Turn off the negative interest. Vote Please..

[SilverBullet]

Call , Turn off the negative interest.


Vote 1 : Switch off
0 : I do not care
I have 1 trillion in investments now,
When I want to withdraw the money, I can't specify a certain amount, I have to withdraw it completely.

Even if I withdraw only one day the sum then invest in house purchase and put back in the bank comes later, so every 7 days the negative interest calculation, the sum is extremely high. edit: (proofed as wrong)

How did u come to such a unfriendly decision`? did u have a envy advisor?
is it a problem to keep 300 millions on free cash? what is your problem?
there was never negative interest in America!!!

who advised developer to rule against players?
. never let yourself be guided by envy and grudges

[[OV]RPGforYOU]

Negative intrest only get charged on monday, so if you make sure no high amounts on monday in your bank account no intrest will be charged. If you really don't like it, you can start a custom game and disable negative intrest in the options at the start of creating your custom game.

[SilverBullet]

this can be described in more detail in game.
I have already lost over 5 million in negative interest because it is not clear from:

1. what amount is negative interest.
2. since when negative interest is paid.
3. why we should be penalized if we hold cash to invest in real estate.
4. i can not withdraw the money piecemeal. only completely........

[[OV]RPGforYOU]

Originally posted by SilverBullet:

this can be described in more detail in game.
I have already lost over 5 million in negative interest because it is not clear from:

1. what amount is negative interest.
2. since when negative interest is paid.
3. why we should be penalized if we hold cash to invest in real estate.
4. i can not withdraw the money piecemeal. only completely........

1. 0,5% I believe or something small like that.
2. Every monday when you reach a bankaccount with more then 50 K on.
3. This is done to encourage investing the money in investments or real estate. If you buy investments or real estate you will not have to pay negative intrest on those amounts. It will only tax the amount on your bankaccount.
4. Correct, currently it's not possible to withdraw other amounts.

[SilverBullet]

Originally posted by OVRPGforYOU:

Originally posted by SilverBullet:

this can be described in more detail in game.
I have already lost over 5 million in negative interest because it is not clear from:

1. what amount is negative interest.
2. since when negative interest is paid.
3. why we should be penalized if we hold cash to invest in real estate.
4. i can not withdraw the money piecemeal. only completely........

1. 0,5% I believe or something small like that.
2. Every monday when you reach a bankaccount with more then 50 K on.
3. This is done to encourage investing the money in investments or real estate. If you buy investments or real estate you will not have to pay negative intrest on those amounts. It will only tax the amount on your bankaccount.
4. Correct, currently it's not possible to withdraw other amounts.

Thanks for your kind reply and explanations.

[SilverBullet]

Originally posted by OVRPGforYOU:

Originally posted by SilverBullet:

this can be described in more detail in game.
I have already lost over 5 million in negative interest because it is not clear from:

1. what amount is negative interest.
2. since when negative interest is paid.
3. why we should be penalized if we hold cash to invest in real estate.
4. i can not withdraw the money piecemeal. only completely........

1. 0,5% I believe or something small like that.
2. Every monday when you reach a bankaccount with more then 50 K on.
3. This is done to encourage investing the money in investments or real estate. If you buy investments or real estate you will not have to pay negative intrest on those amounts. It will only tax the amount on your bankaccount.
4. Correct, currently it's not possible to withdraw other amounts.

I would like to comment on point 3.

If a house is sold I saw that it is sold far above market value.
On the other hand, unsaleable properties whose market values are never below or close to the market value to buy, but always with a huge premium
Once I have withdrawn the entire sum, I try to meet the "good" purchase value of various objects. Often I bought a good property 66 million above market value, and that is actually the ruin from the point of view of commercial investment assets.

In summary: In order to invest, incentives must also be created to buy a property at the market value,
or at a price where the amortization of the overpaid sum is not 3,461.6798 ingame Days

Investment by 710,000,000 to get this high rent Property i had to try steps with million. Overpayed with 66,372,000.00 66 million.
Income in 60 Days......21000 * 60= 1,260,000 - 109,599.00 property tax.= 1,150,401 Profit. by 60 days.

days for amortization 66,372,000.00 / (1,150,401/60 cycle)=
66,372,000.00/19.173,35 = 3,461.6798 ingame Days.


But... i had no luck with those example. there are some Properties which i could buy exactly by the market value,

[Agent707]

Originally posted by OVRPGforYOU:

{{This is done to encourage investing the money in investments or real estate.}}

I have not noticed any kind of "negative interest". So I don't know what this affect is.
By the sound of this, it sounds like you're being charged money to "have money" in the bank.

If this is what RPG is saying???? That is the most asinine thing I've ever heard!!

I currently have (in real life) >100k in our local bank checking/savings account. Our bank does NOTHING to this money to "encourage" investing.! If they did, they wouldn't be in business very long.

I really curious where the dev team got their business knowledge to write this game. I do mean that in a nice way. Just curious if it is just from business school, or real world experience? :) (I'm retired from 40 years in corporate)

I could suggest adding another specialty building - Investment broker. Instead of your wallet start acting funny because it's getting too fat. HAHA!

Keep it up though. Fun game!

[Honeywell]

Business banking isn't free so I just chalk up the negative interest rate as the cost of doing business and the associated fees we never see.

It's a good game mechanic that serves its purpose (encouraging growth). It also requires the player to spend a few minutes on managing their money--as simplistic as that is--so it serves the simulation in that regard too.

I'd love for the banking system to have a little more nuance and complexity but it's adequate and gets the job done. Bonus points for being able to adjust the rates in a sandbox game!

[craigroaring]

Originally posted by SilverBullet:

Call , Turn off the negative interest.


Vote 1 : Switch off
0 : I do not care
I have 1 trillion in investments now,
When I want to withdraw the money, I can't specify a certain amount, I have to withdraw it completely.

Even if I withdraw only one day the sum then invest in house purchase and put back in the bank comes later, so every 7 days the negative interest calculation, the sum is extremely high. edit: (proofed as wrong)

How did u come to such a unfriendly decision`? did u have a envy advisor?
is it a problem to keep 300 millions on free cash? what is your problem?
there was never negative interest in America!!!

who advised developer to rule against players?
. never let yourself be guided by envy and grudges

You sound personally offended by it. I don't mind it, but i agree with being able to choose amount to withdraw.

[Sistermatic™]

0. I could care less. I'm not affected by negative interest because I don't carry a high cash balance. Even if I did, the amount is such a miniscule amount, I'm surprised devs bothered.

tbh, it could be pro-rata, making cash hoarding punishing as it increases.

[PANICOS]

Negative Interest is just tax, pure tax, nothing more nothing less.
The charge is 0.3% on the total amount of cash + revenue. Even if you have 0 in the bank, you will still pay because of the revenue.
Let me give you an example:

cash: 200
revenue: 850,800
total = 851,000

851,000 x 0.003 = 2,553

The only way to not pay Negative Interest Rate is to not have any profits at all, which is impossible because you gain profits from your shops. IMO .03% are peanuts as long you make sure to not keep cash on Tuesday midnight and pay only for the Monday's revenue.
Even if you decide to keep your shops closed on Monday in order to avoid to pay the 0.3%, don't worry. You will be charged for the day before which means Sunday:):).

We cannot avoid this tax, we can only minimize the cost. As long as every Monday at 23:59:59 we keep few cash, then we will only pay for the revenue and 0.3% is nothing. Is just a tax, we should not give so much attention to it. IMO 3,000 for 1M revenue are peanuts:).

Happy gaming.

[Lt Girth Brooks]

Honestly I'd prefer to see it increased, as it sits I get a tax bill of anywhere from 1-1.5m a year but that's less than I'm bringing in on a single day. At this point I can't expand fast enough to spend the money I bring in, and obviously as I further expand I make more per day. I typically have anywhere from 1-10m in cash sitting in my bank account, I usually try to make deposits into my investment fund in 5m increments but sometimes I forget - long story short, I have honestly never ONCE noticed the impact of the negative interest.

On another note, yea I wish I could specify the amount I'd like to withdraw from my investment fund - and I think that these transactions should be subject to some level of taxation as well.

[SilverBullet]

The real estate market was currently programmed only rudimentary.

This means, for example, that if you want to sell a building, there are no buyers, even if you set the price from 700 000 000 to only 20 000 000.

This is a very good early access game. therefore is it already very good, to be clear.
On the other hand, buildings that I put up for sale are sold by chance after a year.

To intentionally sell a building in the shortest possible time at a huge discount does not work.

Now by the negative interest I am forced to invest the money, as was also done in real life, because the banks had to pay interest on deposits with the central bank.


What is always misunderstood here, is the trigger :the national or European central bank. It raises the deposit insurance with punitive interest rates through low interest rates.

That is no Tax............European central bank wanted to force the banks to invest in real economy to strengthen the economy, stimulate growth.
It's always about growth.

Until the European Central Bank's (ECB) interest rate decision on July 21, 2022, banks had to pay 0.5 percent penalty interest on part of their excess deposits themselves.
As a result, the bank charges negative interest on accounts with exorbitant amounts due to economically negative charges.
The normal state of affairs is that banks vie for customers and deposits and work with the money, in shares, bonds. future market. ect ect.
In the meanwhile The european central banks printed money about 10 Percent of the
the quantity of money called M3 to induce INFLATION TO 2 PERCENT: which was a lie.
Italies Economy stood in front of a collapse and hat to pay to much for their interest.



Conclusion: as long as the real estate market is only rudimentary programmed, I see no reason to buy buildings at highly inflated prices, which I can never sell again.

And if an economist leans on real events, the real estate market must be considered, because the prices for buildings in 5 years, since 2014 to 2019 increased to 150 percent..........because of the negative interest rates, the buildings were overbought....it creates a bubble.
At the building prices in the game I did not see such a thing;)

Therefore, I think, the question was not whether the negative interest rates should be increased, which is purely economically nonsensical, because the central bank makes the specifications, so let's lean real economic conditions.

[Lt Girth Brooks]

Originally posted by SilverBullet:

The real estate market was currently programmed only rudimentary.

This means, for example, that if you want to sell a building, there are no buyers, even if you set the price from 700 000 000 to only 20 000 000.

This is a very good early access game. therefore is it already very good, to be clear.
On the other hand, buildings that I put up for sale are sold by chance after a year.

To intentionally sell a building in the shortest possible time at a huge discount does not work.

Now by the negative interest I am forced to invest the money, as was also done in real life, because the banks had to pay interest on deposits with the central bank.


What is always misunderstood here, is the trigger :the national or European central bank. It raises the deposit insurance with punitive interest rates through low interest rates.

That is no Tax............European central bank wanted to force the banks to invest in real economy to strengthen the economy, stimulate growth.
It's always about growth.

Until the European Central Bank's (ECB) interest rate decision on July 21, 2022, banks had to pay 0.5 percent penalty interest on part of their excess deposits themselves.
As a result, the bank charges negative interest on accounts with exorbitant amounts due to economically negative charges.
The normal state of affairs is that banks vie for customers and deposits and work with the money, in shares, bonds. future market. ect ect.
In the meanwhile The european central banks printed money about 10 Percent of the
the quantity of money called M3 to induce INFLATION TO 2 PERCENT: which was a lie.
Italies Economy stood in front of a collapse and hat to pay to much for their interest.



Conclusion: as long as the real estate market is only rudimentary programmed, I see no reason to buy buildings at highly inflated prices, which I can never sell again.

And if an economist leans on real events, the real estate market must be considered, because the prices for buildings in 5 years, since 2014 to 2019 increased to 150 percent..........because of the negative interest rates, the buildings were overbought....it creates a bubble.
At the building prices in the game I did not see such a thing;)

Therefore, I think, the question was not whether the negative interest rates should be increased, which is purely economically nonsensical, because the central bank makes the specifications, so let's lean real economic conditions.

I've never had a problem selling the buildings I've purchased back for the exact same price, if not a few hundred grand below, what I originally paid for it. Takes a bit of time ingame, I think the longest I had to wait was two or three ingame weeks to sell a $50,000,000 building.

[Dennis]

Originally posted by PANICOS:

Negative Interest is just tax, pure tax, nothing more nothing less.
The charge is 0.3% on the total amount of cash + revenue. Even if you have 0 in the bank, you will still pay because of the revenue.
Let me give you an example:

cash: 200
revenue: 850,800
total = 851,000

851,000 x 0.003 = 2,553

The only way to not pay Negative Interest Rate is to not have any profits at all, which is impossible because you gain profits from your shops. IMO .03% are peanuts as long you make sure to not keep cash on Tuesday midnight and pay only for the Monday's revenue.
Even if you decide to keep your shops closed on Monday in order to avoid to pay the 0.3%, don't worry. You will be charged for the day before which means Sunday:):).

We cannot avoid this tax, we can only minimize the cost. As long as every Monday at 23:59:59 we keep few cash, then we will only pay for the revenue and 0.3% is nothing. Is just a tax, we should not give so much attention to it. IMO 3,000 for 1M revenue are peanuts:).

Happy gaming.

If the above is true, calling it a Tax may be misleading. I'm curious as to the mechanics now. Is that 'Revenue' Gross or Net? A Tax would be on something like income (Net) or Sales (Gross), but not 'cash on hand' To tax BOTH income (revenue) and Cash on hand would be taxing the same money twice, no?

So not a Tax, but a Puzzle Game Loss Leader mechanic.

I was surprised that there wasn't a 'Tax' deduction line on the econ sheets for the businesses, but I assumed it was just rolled into the balancing.
I'm not into Real Estate yet - but are the 'taxes' always in effect or do they kick in later at some point? Is it explained? Or have we been paying Ninja taxes every week w/no explanation?

[PANICOS]

To avoid any misunderstandings, when I said Negative Interest Rate is a tax, I meant in the game NOT in real life:).
I think the dev should rename the Negative Interest Rate into Wealth Tax, because this is what it is in this game; every Tuesday midnight we pay wealth tax for cash + revenue.

Happy gaming.