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Post by Empire Alrodria on Jan 18, 2005 17:35:45 GMT -6
I believe that in order for our nations to achieve a new level of interaction we should create a easily applicable method of exchanging currencies. I would like to see our nations respective banks able to trade with one another. I would like to see our nations have actual trade.
What I suggest is that we establish a mutually recognized means of identifying the value of our respective currencies compared to that of our fellow micronations. I invite Lavalon, Natopia, The Republic of West Overbrook, Antica, and Brudwydd to join Alrodria in this endeavor. I would like to suggest that we discuss this at the upcoming summit in Lavalon.
Emperor Zachary I Quasitor Count Edward
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Post by Nathan on Jan 18, 2005 18:03:44 GMT -6
The IA has based legislation that provides for an IA currency (iacu) that is based on the euro, i think.... anyway, the value will be the same for all interested councils, allowing for easy trade.
Natopia has declined to participate in that endeavor, but will support all councils who chose to participate.
if Alrodria also declines the endeavor, Natopia will gladly work with you to bring our economies closer.
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Post by alrodria on Jan 19, 2005 17:48:09 GMT -6
Alrodria has decided that by accepting an IA currency, as our standard would impede our development. Alrodria currency (The Florin) currently equal to $.70 is enough for us.
We look forward to working with you.
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Post by Nathan on Jan 19, 2005 18:03:19 GMT -6
The Natopo is equal to $0.80, in case you want to know.
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