Business And Economy Archive
Thread: Time to look at the Currency!
It might make poor folk feel better, but it's not a soloution - the poor folk would have their credits reduced as well.
Just stop being jealous of rich players and instead of looking for silly ways to make yourself feel better just get rich yourself.
If this was the "real world" I'd never say such a thing, because the situation is very different; but it's a freaking video game - anyone can do it.
Find a need ---> fill the need ---> get rich.
People do it all the time. The first 100 mill is always the hardest...after that it gets a lot easier.
AO
if you feel there is too much money in the game... then let me suggest you give me all your money, I'll hang on to it and you can consider it out of the game. ![]()
Seriously thoyou know how many people will scream bloody murder if they did this? the Best way to take cash out of the game is for the devs to crank up the maintenace fees on items in the game.Houses, harvs( eventhis will cause peopleto scream)
and/or
creat new items in game example a fancy dancy new rug or wall hanging that can only be bought from some NPC for a heafty fee.
Reloquad wrote:
Ok I have been away for awhile and let me say the state of the money supply is way out of hand.
Reloquad, I'm curious: What makes you think the money supply is too high (i.e., is causing inflation)?
Is it that prices for some items seem higher than you remember? If so, how do you know that isn't being caused by fewer of those items being available now?
We've beaten up the subject of "inflation in SWG" before -- the thread THERE IS NO INFLATION!! debunked that claim pretty thoroughly. As a shortcut, take a look at the Economy Stats essay that SWG designer Raph Koster wrote for us a while back. It's a little dusty now, but the principles still hold: the devs have a boatload of economy-tracking tools that they canuse toassess the stability of the player economy. And they have plenty of "faucets" and "drains" that they can modify to tweak the economy if either inflation or deflation starts creeping in.
Don't panic. ![]()
--Flatfingers
P.S. It's worth briefly adding to what others have said: decreasing the inputs, outputs, and current amount of money in SWG wouldn't actually solve inflation (if there actually was inflation). If today, 100 credits buys an item that everybody generally agrees is worth 100 credits, andthen tomorrow all money sources, bank accounts, and money drains all get cut by 10... nothing changes. The item hasn't increased or decreased in value; it still has exactly the same utility today that it had yesterday.The only difference is thatinstead of costing 100 credits, now it's going tocost 10 because that's all people have to spend. A credit today is worth exactly the same as a credit yesterday because the perceived value of the items being bought and sold haven't actually changed. Theaverage priceof that 100-credit item would drop to 10 credits within a week... and we'd be right back where we started.
SWG's a little like a real-world economy in that characters can earn money, characters can make things to sell for money, and there's a market on which things can be sold. So controlling the supply of money (as well as the ways that money is taken out of the economy) does matter. But SWG's economy is also significantly unlike a real-world economy in that we don't have to worry about unemployment, and it's a lot easier to control the amount of money exiting the system. So if anything, SWG's economic controllers are uber-monetarists.
Milton Friedman would be proud. ![]()
(If you likethis kind of stuff, check out the U.S. Economy vs. SWG Economy thread.)
HairlessWook wrote:
this is not communism were everyone is equal, this game is a highly capitalistic democracy wherein we have the have and have nots.
CharPrime wrote:
HairlessWook wrote:
this is not communism were everyone is equal, this game is a highly capitalistic democracy wherein we have the have and have nots.
got that right.
And ain't it fun?
AO
AudioOrgana wrote:
CharPrime wrote:
HairlessWook wrote:
this is not communism were everyone is equal, this game is a highly capitalistic democracy wherein we have the have and have nots.
got that right.
And ain't it fun?
AO
It's basically why I play SWG.
Slim Vargo, Corbantis