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Show HN: A central bank simulator game with a realistic economic model

benoitessiambre.com

21–30 of 323 posts

Re: Show HN: A central bank simulator game with a realistic economic model

#21

   *** GAME END ***
   Your economy produced: 439918 apples. 
Deflation is easily combated by raising interest above the next expected deflation level so that saving money becomes more lucrative than spending it. Inflation is combated by lowering interest as soon as it rises above the interest level. I never went below 0.50% interest, never above 5.50%. This is easy, maybe I should apply for the job of central banker.

Re: Show HN: A central bank simulator game with a realistic economic model

#22
post #17

This game needs a "gold standard" mode to see what happens to the toy economy with no central bank! EDIT: It would also be nice if the game paused around major events to give you more time to think & adjust. I found that the economy went off the rails if you don't react right away.

> I found that the economy went off the rails if you don't react right away Sounds pretty realistic to me!

[deleted]

Re: Show HN: A central bank simulator game with a realistic economic model

#24
post #17

This game needs a "gold standard" mode to see what happens to the toy economy with no central bank! EDIT: It would also be nice if the game paused around major events to give you more time to think & adjust. I found that the economy went off the rails if you don't react right away.

> I found that the economy went off the rails if you don't react right away Sounds pretty realistic to me!

While there were panics and issues before the era of active central banks, most fo the time, things were calm. The idea that the world would burst into flames if central banks weren't there to micro tinker is not historically supported.

It is far from a fringe viewpoint in the finance world that central banks have contributed more to volatility than to stability over the last 20 years.

Re: Show HN: A central bank simulator game with a realistic economic model

#26
post #18

Unemployment never budged from 10% for me throughout the entire simulation?

> One of the 10 orchards is always in its preparation phase which means it doesn't employ anyone so the natural unemployment rate is one out of ten or 10%

Re: Show HN: A central bank simulator game with a realistic economic model

#27
post #23

Very nice. This reminds me of the game Chair the Fed , published by the Federal Reserve Bank of San Francisco: https://www.frbsf.org/education/teacher-resources/chair-fede... Unfortunately, they took it down about a year ago.

I managed to get close to launching it, but someone with more time might be able to find a good timestamp that's playable (or host it on archive.org on its own)...

https://web.archive.org/web/20180710122012/http://sffed-educ...

Re: Show HN: A central bank simulator game with a realistic economic model

#28

This game needs a "gold standard" mode to see what happens to the toy economy with no central bank! EDIT: It would also be nice if the game paused around major events to give you more time to think & adjust. I found that the economy went off the rails if you don't react right away.

That would result in an economy with huge deflation: People consuming the bare minimum of apples needed for survival because their gold savings would appreciate each year in value.

Re: Show HN: A central bank simulator game with a realistic economic model

#30

Very cool! I work in a banking adjacent industry, and this is mildly entertaining. Do you have any plans to create an accounting firm simulator for more entertaining games?

That made me chuckle. You might like: https://keshikomisimulator.com/ from Patrick McKenzie.
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