Beginnings of Chezinu Bank:

The President of Chezinu Banking states that the membership of the bank has been growing since the first member, Radfield, joined. He says there will soon be membership cards and a bank logo. The bank President exclaims, "Our employees are hard at work to depict our high standing values into a single image for all to look upon!" We hope that citizens of the town will see our logo with a smile knowing that we truly care for their well being.

GM Bailout:

Following the orders of the empress, Chezinu Banking bails out the GM business with 50,000 Cheznos. Since then, GM has become a loyal member of the Chezinu Bank. GM has since began a quest in search for the empress in order to bring thanks.

Bank Security System Malfunctions:

There seem to be an error in the Chezinu Bank security system. A threat detector mistakenly went off on Nisani201 earlier during the day. The President of Chezinu Bank, apologizes for the glitch and has made adjustment to the security system. Nisani201 has also been offer compensation for the disaster.

Employment Rate:

With the initiation of Chezinu Bank, 18% of the town now has a job working for the bank. This drastic increase should lead to an economic boom -- the President of Chezinu Banking suspects. The President makes clear that there are still openings within the bank that can be filled.

Community banks are a crucial part of our economy and the fabric of our society.

Chezinu

United States7432 Posts

April 30 2020 06:40 GMT

#349

On April 30 2020 06:37 Vivax wrote:
##Unvote
##Vote Jock

Chez what are you trying to tell us?

Loss-absorbing capacity among banks is substantially higher as a result of both regulatory requirements and stress testing exercises.

Chezinu

United States7432 Posts

April 30 2020 06:48 GMT

#351

We live in a world defined by the rapid pace of technological change. As with so many sectors of the economy, technology is transforming the retail banking sector. A digital currency issued by a central bank would be a global target for cyber attacks, cyber counterfeiting, and cyber theft. There is no risk-free path for monetary policy. More regulation is not the best answer to every problem.There is certainly a role for regulation, but regulation should always take into account the impact that it has on markets, a balance that must be constantly weighed.

Chezinu

United States7432 Posts

April 30 2020 06:53 GMT

#352

On April 30 2020 15:45 Trfel wrote:

Show nested quote +

Can I ask, is there a reason to not help save the economy by throwing off excess baggage that isn't helping? Like perhaps, a player in a mafia game who only talks about banks in a way that seems to have no connection to or investment in the game at hand?

If the public understands the central bank's views on the economy and monetary policy, then households and businesses will take those views into account in making their spending and investment plans; policy will be more effective as a result. The main long-run contribution monetary policy can make is to provide a stable macroeconomic and financial environment. The success of monetary policy should be judged by the economy's performance against our statutory mandates of price stability and maximum employment.

Chezinu

United States7432 Posts

April 30 2020 07:16 GMT

#356

##Vote Koshi

Chezinu

United States7432 Posts

April 30 2020 09:44 GMT

#363

Perhaps the greatest challenge for the resolution of a systemic global bank is the possibility that public or private actors in different countries might take local actions that would cause the overall resolution to spin out of control. By fostering the economic health and vitality of local communities throughout the country, community banks play a central role in our national economy. One important aspect of that role is to serve as a primary source of credit for the small businesses that are responsible for creating a substantial proportion of all new jobs.

Chezinu

United States7432 Posts

May 01 2020 20:12 GMT

#879

Grackaroni confirmed town now?

Chezinu

United States7432 Posts

May 02 2020 08:20 GMT

#927

On May 02 2020 15:50 Trfel wrote:
This is the world I'm living in currently. It's not a fun place to be.

Town

Maybe Town?
Vivax
Koshi
raynpelikoneet

Super Weak Townread
ShoCkeyy
Grackaroni
Alakaslam
Jockmcplop

Mafia?
Chezinu
GlowingBear?

Mafia

This is such an extraordinary, extraordinary shock, unlike anything certainly that’s happened in my lifetime ... we’re still putting out the fire, we’re still trying to win, and I think we’ll be at that for a while

Chezinu

United States7432 Posts

May 02 2020 08:22 GMT

#928

You would think behavior will change as people gain confidence... the sooner people can regain that confidence and regain our economic activity.

The time will come again, and reasonably soon, I think where we can think about a long-term way to get the fiscal house in order, and we absolutely need to do that. But in my personal view, this is not the time to let that concern, which is a very serious concern, to let that get in the way of us winning this battle.

Chezinu

United States7432 Posts

May 02 2020 08:25 GMT

#929

Grackaroni
Chezinu

Chezinu

United States7432 Posts

May 02 2020 08:44 GMT

#931

On May 02 2020 17:25 Trfel wrote:
It's quite late here, so if I stop responding, I probably fell asleep. Which I desperately need.

If you're wondering what changed between my case/vote and my list post, I read GlowingBear's filter a few times.

Chezinu, I'm sorry, I'm not sure what you mean

Care to translate for those of us who struggle to see things the way you do?

The message is this. This is a unique situation. It is not your typical downturn. We’ve asked people to step back from economic activity for the public good... [I] will support you now and our policies will be very important when the recovery does come to make that recovery as strong as possible.

Chezinu

United States7432 Posts

May 02 2020 08:50 GMT

#932

There is nothing fundamentally wrong with our economy…we start in a very strong position. This is a situation where people are being asked to step back from economic activity... so, in principle... economic activity can resume and we want to make the rebound as vigorous as possible.

Chezinu

United States7432 Posts

May 03 2020 04:35 GMT

#963

On May 03 2020 02:21 Vivax wrote:

Show nested quote +

You sound a bit like Trump.
That'd be enough to lynch you already but the current activity levels are boring me to death.
I'll come back to this post when it doesn't feel like I'm talking to myself in the thread.

#Vote Koshi

Trump 2020!