Tuesday, April 16, 2019

Proposal: Small Loan of a Billion Dollars

Self-killed. Failed by Kevan.

Adminned at 17 Apr 2019 12:55:20 UTC

Add a subrule to “Finance” called “Loans” which reads:

At any time, the Great Eccentric may give a Loan to a Contractor by increasing their Investment and Funds by X (where X is a positive integer no larger than 10) and including a comment in the GNDT to that effect.

I feel like there should be a little more money in circulation here, but I’m not sure.

Comments

card:

17-04-2019 04:08:41 UTC

against
While I like the idea of having loans and some way of making sure they’re paid back, this rule is clearly broken.
Not only does it make the Great Eccentric no longer impartial but it’s own restriction, no more than 10, can easily be sidestepped by simply giving them another loan right afterward. Also there’s no way to pay back the loan.

Kevan: he/him

17-04-2019 08:05:04 UTC

against Per card.

derrick: he/him

17-04-2019 11:12:04 UTC

against

There are better ways to do this.

As a note card, folks who invest billions of dollars into things aren’t giving loans: they’re buying part of the company. They aren’t charging a flat interest rate, they’re looking to take their share of the companies’ profits. This is their return, or return on investment.

naught:

17-04-2019 12:48:53 UTC

against Fair point. I didn’t really think this was the best to do it, but I had no better ideas.