{"data":{"id":13218,"title":"This Day in History: United Earth Credits","rsi_url":"https:\/\/robertsspaceindustries.com\/comm-link\/spectrum-dispatch\/13218-This-Day-In-History-United-Earth-Credits","api_url":"https:\/\/api.star-citizen.wiki\/api\/comm-links\/13218","api_public_url":"https:\/\/api.star-citizen.wiki\/comm-links\/13218","channel":"Undefined","category":"Undefined","series":"News Update","images":[{"id":727,"name":"ThisDayInHistoryFI2.jpg","rsi_url":"https:\/\/robertsspaceindustries.com\/media\/j9vnjqd2pny04r\/source\/ThisDayInHistoryFI2.jpg","alt":"","size":1869743,"mime_type":"image\/jpeg","last_modified":"2013-08-19T21:16:16+00:00","api_url":"https:\/\/api.star-citizen.wiki\/api\/comm-link-images\/727","similar_url":"https:\/\/api.star-citizen.wiki\/api\/comm-link-images\/727\/similar"},{"id":26463,"name":"source.jpg","rsi_url":"https:\/\/media.robertsspaceindustries.com\/weozjmuuh3hwh\/source.jpg","alt":"","size":843046,"mime_type":"image\/jpeg","last_modified":"2019-09-19T15:49:32+00:00","api_url":"https:\/\/api.star-citizen.wiki\/api\/comm-link-images\/26463","similar_url":"https:\/\/api.star-citizen.wiki\/api\/comm-link-images\/26463\/similar"},{"id":27892,"name":"source.jpg","rsi_url":"https:\/\/media.robertsspaceindustries.com\/w3o9r4zgppm77\/source.jpg","alt":"","size":900916,"mime_type":"image\/jpeg","last_modified":"2021-09-06T14:48:40+00:00","api_url":"https:\/\/api.star-citizen.wiki\/api\/comm-link-images\/27892","similar_url":"https:\/\/api.star-citizen.wiki\/api\/comm-link-images\/27892\/similar"}],"images_count":8,"translations":{"en_EN":"THIS DAY IN HISTORY\nAugust 20, 2528 SET\n\n\nOne Currency to Unite Them\nShortly after the creation of the United Planets of Earth, Humanity\u2019s expansion into the galaxy was increasing at an exponential rate. Terraforming technology became more accessible and new outfits began to spring up, sparking a planet rush for new terrain. It was this rapid expansion and colonization that created the first real hurdle for the newly-formed UPE. Various and competing forms of currencies had begun to appear on the various planets, challenging the Cash Transaction Records, or CTRs, the UPE\u2019s official currency at the time.\n\nIn Spring 2528, High Secretary Livia Fenner assembled a commission of economists, financial consultants and OMB officials to explore possible solutions. This commission spent the next few months testing the economic feasibility of a government that supports multiple currencies. They ultimately decided that the entire currency system required a complete overhaul. Local governments would have to be forbidden from minting their own methods of exchange, so that the UPE could bring all the various planets under one consistent and unified form of currency.\n\nIt was in these meetings that the United Earth Credit was born. After the announcement of this unified currency, the first course of action was to create an entity that would act as the hub for handling the new currency. The UPE brought in experts from the various financial markets to ultimately form the Central Core Bank to create and administer the monetary policy, to conduct foreign exchange operations and monitor the banking sector. Most importantly, the Central Core Bank would maintain reserves to provide the financial backing that could honor the Credit attached to each UEC.\n\nInitial response to the UEC was tepid at best, incendiary at worst. The 12th Expeditionary Forces had to be deployed to Cestulus in the Davien system to quell riots that broke out over protests sparked by fears of an imminent economic collapse. The \u2018Siege of Jata\u2019 lasted two weeks, resulting in hundreds of injuries and the deaths of two soldiers, before order was restored.\n\nThe UEC didn\u2019t officially take over as the official currency for another four years. High Secretary Fenner and the rest of the commission went to great lengths to accommodate the various planets who had been sustaining their own currency for decades. This process even attracted the attention of the Banu Protectorate, who had been looking for a solution to the competing currencies of their own independent planet-governments.\n\nAfter Ivar Messer\u2019s ascension to power, he wasted no time in appropriating the resources of the Central Core Bank and turning it into his personal vault. With the finances of the newly titled United Empire of Earth at his disposal, the new Imperator was able to cement his power base and eliminate any opposition through financial attrition or infusing their rivals with enough credits to vanquish them.\n\nImperator Galor Messer IX conceived the idea of renaming UECs or Credits as \u2018Imperials,\u2019 a designation still in use today despite its dark origin.\n\nSo on this day, August 20th 2528 SET, the long and tumultuous life of the United Earth Credit, UEC, Credit or Imperial began. The modern UEC remains one of the shining beacons of human economic stability.","de_DE":"AN DIESEM TAG IN DER GESCHICHTE\n20. August 2528 SET\n\n\nEine W\u00e4hrung, um sie zu vereinen.\nKurz nach der Erschaffung der Vereinigten Planeten der Erde nahm die Expansion der Menschheit in die Galaxie exponentiell zu. Die Terraforming-Technologie wurde zug\u00e4nglicher, und neue Outfits begannen zu entstehen, was einen weltweiten Ansturm auf neues Terrain ausl\u00f6ste. Es war diese schnelle Expansion und Kolonisierung, die die erste wirkliche H\u00fcrde f\u00fcr die neu gegr\u00fcndete UPE darstellte. Verschiedene und konkurrierende Formen von W\u00e4hrungen tauchten auf den verschiedenen Planeten auf und stellten die Cash Transaction Records (CTRs), die damals die offizielle W\u00e4hrung der UPE waren, in Frage.\n\nIm Fr\u00fchjahr 2528 setzte die Hohe Sekret\u00e4rin Livia Fenner eine Kommission aus \u00d6konomen, Finanzberatern und OMB-Beamten ein, um m\u00f6gliche L\u00f6sungen zu pr\u00fcfen. Diese Kommission hat in den n\u00e4chsten Monaten die wirtschaftliche Machbarkeit einer Regierung getestet, die mehrere W\u00e4hrungen unterst\u00fctzt. Sie entschieden schlie\u00dflich, dass das gesamte W\u00e4hrungssystem einer vollst\u00e4ndigen \u00dcberarbeitung bedurfte. Den lokalen Regierungen m\u00fcsste verboten werden, ihre eigenen Tauschmethoden zu pr\u00e4gen, damit die UPE alle verschiedenen Planeten unter eine einheitliche und einheitliche W\u00e4hrungsform bringen kann.\n\nIn diesen Meetings wurde der United Earth Credit geboren. Nach der Ank\u00fcndigung dieser einheitlichen W\u00e4hrung war die erste Vorgehensweise die Schaffung einer Einheit, die als Drehscheibe f\u00fcr die Handhabung der neuen W\u00e4hrung dienen sollte. Die UPE holte Experten aus den verschiedenen Finanzm\u00e4rkten ein, um schlie\u00dflich die Zentralbank zu bilden, die die Geldpolitik erstellt und verwaltet, Devisengesch\u00e4fte durchf\u00fchrt und den Bankensektor \u00fcberwacht. Am wichtigsten ist, dass die Zentralbank Reserven halten w\u00fcrde, um die finanzielle Unterst\u00fctzung bereitzustellen, die die Kreditw\u00fcrdigkeit der einzelnen UECs gew\u00e4hrleisten k\u00f6nnte.\n\nDie erste Reaktion auf die UEC war bestenfalls lauwarm, schlimmstenfalls explosionsartig. Die 12. Expeditionskr\u00e4fte mussten nach Cestulus im Davien-System entsandt werden, um Unruhen zu unterdr\u00fccken, die \u00fcber Proteste ausl\u00f6sten, die aus der Angst vor einem drohenden wirtschaftlichen Zusammenbruch ausgel\u00f6st wurden. Die \"Belagerung von Jata\" dauerte zwei Wochen, was zu Hunderten von Verletzungen und zum Tod von zwei Soldaten f\u00fchrte, bevor die Ordnung wiederhergestellt wurde.\n\nDie UEC hat die offizielle W\u00e4hrung f\u00fcr weitere vier Jahre nicht offiziell \u00fcbernommen. Der Hohe Sekret\u00e4r Fenner und der Rest der Kommission unternahmen gro\u00dfe Anstrengungen, um die verschiedenen Planeten unterzubringen, die seit Jahrzehnten ihre eigene W\u00e4hrung hatten. Dieser Prozess zog sogar die Aufmerksamkeit des Banu Protektorats auf sich, das nach einer L\u00f6sung f\u00fcr die konkurrierenden W\u00e4hrungen seiner eigenen unabh\u00e4ngigen Planetenregierungen gesucht hatte.\n\nNach der Machtergreifung von Ivar Messer vergeudete er keine Zeit mehr, um sich die Ressourcen der Zentralbank anzueignen und sie in sein pers\u00f6nliches Gew\u00f6lbe zu verwandeln. Mit den Finanzen des neu benannten Vereinigten Reiches der Erde, \u00fcber die er verf\u00fcgte, war der neue Imperator in der Lage, seine Machtbasis zu festigen und jede Opposition durch finanzielle Fluktuation zu beseitigen oder seinen Rivalen gen\u00fcgend Kredite zu gew\u00e4hren, um sie zu besiegen.\n\nImporteur Galor Messer IX entwickelte die Idee, UECs oder Credits in \"Imperials\" umzubenennen, eine Bezeichnung, die trotz ihrer dunklen Herkunft noch heute verwendet wird.\n\nSo begann an diesem Tag, dem 20. August 2528 SET, das lange und turbulente Leben des United Earth Credit, UEC, Credit oder Imperial. Die moderne UEC bleibt eines der leuchtenden Leuchtfeuer der menschlichen wirtschaftlichen Stabilit\u00e4t.","zh_CN":"THIS DAY IN HISTORY\nAugust 20, 2528 SET\n\n\nOne Currency to Unite Them\nShortly after the creation of the United Planets of Earth, Humanity\u2019s expansion into the galaxy was increasing at an exponential rate. Terraforming technology became more accessible and new outfits began to spring up, sparking a planet rush for new terrain. It was this rapid expansion and colonization that created the first real hurdle for the newly-formed UPE. Various and competing forms of currencies had begun to appear on the various planets, challenging the Cash Transaction Records, or CTRs, the UPE\u2019s official currency at the time.\n\nIn Spring 2528, High Secretary Livia Fenner assembled a commission of economists, financial consultants and OMB officials to explore possible solutions. This commission spent the next few months testing the economic feasibility of a government that supports multiple currencies. They ultimately decided that the entire currency system required a complete overhaul. Local governments would have to be forbidden from minting their own methods of exchange, so that the UPE could bring all the various planets under one consistent and unified form of currency.\n\nIt was in these meetings that the United Earth Credit was born. After the announcement of this unified currency, the first course of action was to create an entity that would act as the hub for handling the new currency. The UPE brought in experts from the various financial markets to ultimately form the Central Core Bank to create and administer the monetary policy, to conduct foreign exchange operations and monitor the banking sector. Most importantly, the Central Core Bank would maintain reserves to provide the financial backing that could honor the Credit attached to each UEC.\n\nInitial response to the UEC was tepid at best, incendiary at worst. The 12th Expeditionary Forces had to be deployed to Cestulus in the Davien system to quell riots that broke out over protests sparked by fears of an imminent economic collapse. The \u2018Siege of Jata\u2019 lasted two weeks, resulting in hundreds of injuries and the deaths of two soldiers, before order was restored.\n\nThe UEC didn\u2019t officially take over as the official currency for another four years. High Secretary Fenner and the rest of the commission went to great lengths to accommodate the various planets who had been sustaining their own currency for decades. This process even attracted the attention of the Banu Protectorate, who had been looking for a solution to the competing currencies of their own independent planet-governments.\n\nAfter Ivar Messer\u2019s ascension to power, he wasted no time in appropriating the resources of the Central Core Bank and turning it into his personal vault. With the finances of the newly titled United Empire of Earth at his disposal, the new Imperator was able to cement his power base and eliminate any opposition through financial attrition or infusing their rivals with enough credits to vanquish them.\n\nImperator Galor Messer IX conceived the idea of renaming UECs or Credits as \u2018Imperials,\u2019 a designation still in use today despite its dark origin.\n\nSo on this day, August 20th 2528 SET, the long and tumultuous life of the United Earth Credit, UEC, Credit or Imperial began. The modern UEC remains one of the shining beacons of human economic stability."},"links_count":0,"comment_count":71,"created_at":"2013-08-20T00:00:00+00:00","created_at_human":"12 years ago"},"meta":{"processed_at":"2026-04-30 11:02:52","valid_relations":["images","links","translations"],"prev_id":13217,"next_id":13219}}