*** 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.Show HN: A central bank simulator game with a realistic economic model
21–30 of 323 posts
Re: Show HN: A central bank simulator game with a realistic economic model
#22This 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!
Re: Show HN: A central bank simulator game with a realistic economic model
#23https://www.frbsf.org/education/teacher-resources/chair-fede...
Unfortunately, they took it down about a year ago.
Re: Show HN: A central bank simulator game with a realistic economic model
#24This 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!
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
#25e: I see
> 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
#26Unemployment never budged from 10% for me throughout the entire simulation?
Re: Show HN: A central bank simulator game with a realistic economic model
#27Very 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.
https://web.archive.org/web/20180710122012/http://sffed-educ...
Re: Show HN: A central bank simulator game with a realistic economic model
#28This 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.
Re: Show HN: A central bank simulator game with a realistic economic model
#29Re: Show HN: A central bank simulator game with a realistic economic model
#30Very 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?