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The Gazprom School of Economics - Miller Hall of Macroeconomics

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Helsworth
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Post: #31
RE: Gazprom School of Economic - How to reduce budget deficit and lower living standards!

Alexei B.Miller Wrote:
This is the Gazprom School of Economics, not the Gazprom Academy of Sciences.

Sure. Good luck with that.


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21.10.2013 12:07
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Alexei B.Miller
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Xian
Post: #32
RE: Gazprom School of Economic - How to reduce budget deficit and lower living standards!

Helsworth Wrote:

Alexei B.Miller Wrote:
This is the Gazprom School of Economics, not the Gazprom Academy of Sciences.

Sure. Good luck with that.


Are you commies going to troll my economic success? I'm in here RPing alone not bothering anyone.


"Hitler wanted to destroy Russia, everyone needs to remember how that ended"

Vladimir Putin

21.10.2013 19:35
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Helsworth
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Post: #33
RE: Gazprom School of Economic - How to reduce budget deficit and lower living standards!

Alexei B.Miller Wrote:
Are you commies going to troll my economic success? I'm in here RPing alone not bothering anyone.

You are role playing in the wrong section of the forum, for starters. But no one has scolded you for that. Some folks have taken an interest and have posted some stuff in here. And now you feel "encroached" because people are posting in your threads? If you want to role play alone, you don't need an online forum for that. You can play it at your leisure in your living room.


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This post was last modified: 22.10.2013 09:13 by Helsworth.

22.10.2013 07:08
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Rising Phoenix
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Post: #34
RE: Gazprom School of Economic - How to reduce budget deficit and lower living standards!

This is the "Real economics" section of the forum. Though comparing real-life policies with results in states is fine, by no means results in states reflect real possibilities and results one-hundred percent.

The thing about roleplaying here is that we do not know if you are being serious or not. Are you serious in your economic stance or was it roleplaying as well? I pose that question as an example. Noplan

22.10.2013 08:14
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Alexei B.Miller
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Xian
Post: #35
RE: Gazprom School of Economic - How to reduce budget deficit and lower living standards!

I'm going to ignore Helsworth ignorant statement and address the latter.

I am simply reporting the actions and successes of JSC Gazprom in a theatrical mode. These reports will help future states become success while playing under this template.


The Gazprom Corporation executive board reports that the company should be exiting the technical recession rather shortly. Metrics show that there has been a slump across the board with the economy. The Miller Board has enacted policies designed to reverse this flagging growth. This fiscal year we will continue to cut liabilities as we have seen new corporate debt almost eliminated thanks to the new cuts in spending and small hikes in taxes to capital. It should be noted that even though capital taxes were increased capital inflow maintained historic trends since JSC Gazprom maintains competitive capital taxes.

Again, this fiscal year since we have reverse the debt outlook capital taxes will be reduced by 1% with a follow up budgetary cuts in all departments that deal with social services and subsidies. Pensions and welfare programs are being eliminated and replaced with private donations and charity. To help offset increased costs to consumers we have decided to continue the reductions of excise taxes and tariffs to allow foreign goods to be able to compete more with domestic brands. And with the Gazprom Ruble stabilizing following our plans to halt creation of new money consumers will be able to rely on a consistent purchasing power to help plan their lives and future.

As always Gazprom Prevails!


"Hitler wanted to destroy Russia, everyone needs to remember how that ended"

Vladimir Putin

22.10.2013 08:39
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Helsworth
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Post: #36
RE: Gazprom School of Economic - How to reduce budget deficit and lower living standards!

Alexei B.Miller Wrote:
I'm going to ignore Helsworth ignorant statement and address the latter.
I am simply reporting the actions and successes of JSC Gazprom in a theatrical mode. These reports will help future states become success while playing under this template.

Stop being such a drama queen. Some people have posted on your gazprom fantasy thread, which you (again) opened in the wrong part of the forum. And you're calling them "commies" who are "trolling" your so-called economic success. Is this roleplaying as well? Or do you have a problem with the people here? If you do, then specify in your thread that it's meant solely for you to post in.

Alexei B.Miller Wrote:
These reports will help future states become success while playing under this template.

Keep dreamin'


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22.10.2013 09:19
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Rising Phoenix
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Post: #37
RE: Gazprom School of Economic - How to reduce budget deficit and lower living standards!

Alexei B.Miller Wrote:
I am simply reporting the actions and successes of JSC Gazprom in a theatrical mode. These reports will help future states become success while playing under this template.

There is nothing wrong with trying to do that, but it goes in this forum: forum.ars-regendi.com/nations-and-alliances-f-6.html

"Nations and alliances
Talk about your nation or your alliance"

22.10.2013 10:40
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Alexei B.Miller
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Xian
Post: #38
RE: Gazprom School of Economic - How to reduce budget deficit and lower living standards!

The Miller Board reports that because of the short-term measures taken to ensure long-term sustainability the Gazprom Corporation retains a positive outlook debt and profit this fiscal year. The Miller Board has kept taxes at a competitive rate and has passed measured designed to boost competition. This achievement highlights the supremacy capitalism holds over socialism or communism. Gazprom Prevails!

Capital Taxes - Low

Acq Tax - Median - Low

Interest - Low

Money Supply - High but stabilizing


"Hitler wanted to destroy Russia, everyone needs to remember how that ended"

Vladimir Putin

23.10.2013 00:25
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Alexei B.Miller
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Xian
Post: #39
RE: Gazprom School of Economic - How to reduce budget deficit and lower living standards!

The Gazprom School of Economics confirms that nations wishing to have a better chance fighting unemployment are advises to not manipulate interest rates and currency once you have the desired amount of capital. Central Banks should MILDLY intervene during crisis but ebbs are naturally apart of the business cycle and doing to much to stave it off will extend depression. Central Banks when should not lower interest rates unless dire situation but should either pump in or suck out money has required during emergencies. Mild tax changes can also be used to supplement recovery.


"Hitler wanted to destroy Russia, everyone needs to remember how that ended"

Vladimir Putin

27.10.2013 23:06
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Helsworth
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Post: #40
RE: Gazprom School of Economic - How to reduce budget deficit and lower living standards!

Alexei B.Miller Wrote:
The Gazprom School of Economics confirms that nations wishing to have a better chance fighting unemployment are advises to not manipulate interest rates and currency once you have the desired amount of capital.

Unemployment is a monetary phenomenon. Priory to any government tax, no one is unemployed. Taxation creates unemployment of money paying jobs. The government demands that taxes be paid in the currency over which the government alone can issue. Thus, there can be no paying of taxes without public spending - without the government first putting money into existence. Employing the unemployed created by taxation. Citizens have a desire to pay taxes with money, to trade money for consumer goods (food, clothes, paying utilities etc), and a desire to net save. Thus, if government spending isn't enough to cover these 3 seminal desires of the private sector, there will be unemployment. People who are unable to net save will dramatically lower their consumption. Lower consumption means lower sales, lower sales means lower production, lower production means less jobs. What's the problem in such a situation? Lack of aggregate demand.

Aggregate demand is income plus the change in private debt. The rise in private debt causes the economy to grow; however, when those private debt levels become too high - private debt acts with negative pressure upon economic growth. And a deleveraging period ensues. During such times, the automatic stabilizers kick in. Because fewer people have jobs, fewer people are paying taxes and welfare/unemployment payments increase. Thus, the automatic stabilizers are enlarging the deficit in the downward cycle as is natural. Providing the private sector with more net savings in the respective fiscal year. If foolish politicians intervene to shrink the deficit during the downward cycle, then the private sector cannot deleverage. Austerity is religion. It is totally unscientific. While the economy can grow via private credit creation - it is only short term and such a growth is not sustainable. Without government running a deficit, there can be no economic growth. Because all transactions within the private sector net to 0! Someone's spending is another's income. The only way that the net can be positive or negative, is if the government is running a deficit (positive net savings for the private sector) or if the government is running a surplus (negative net savings of the private sector).
(S-I)+(G-T)+(X-M)=0

Thus, so long as you have unused resources, free labor (people willing and able to work), the government is either taxing too much or spending too little.
The title of this thread is spot on Wink "How to lower budget deficit and lower living standards!"


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28.10.2013 16:41
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