Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 .. 29 :: one page |
|
Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Tippia
Sunshine and Lollipops
26274
|
Posted - 2015.09.23 23:18:36 -
[751] - Quote
Aaron wrote:abloo abloo abloo Do you have any facts, data, evidence, logic, argumentation, models, or other proof to present in support of your stance? Or do you only have fallacies?
GÇ£If you're not willing to fight for what you have in GëívGëí you don't deserve it, and you will lose it.GÇ¥
Get a good start: Newbie skillplan 2.2.
|
Aaron
Eternal Frontier
316
|
Posted - 2015.09.23 23:21:48 -
[752] - Quote
Tippia wrote:Aaron wrote:abloo abloo abloo Do you have any facts, data, evidence, logic, argumentation, models, or other proof to present in support of your stance? Or do you only have fallacies?
I feel like I'm looking in the mirror, I was just like you when I was a young lad.
Fear no one, live life, be free, accept the truth, do not judge others, defend yourself, fight hard till the end, meditate on problems and be prosperous. Things to exist by. -- RAIN Arthie
|
Tippia
Sunshine and Lollipops
26274
|
Posted - 2015.09.23 23:23:14 -
[753] - Quote
Aaron wrote:abloo abloo abloo Do you have any facts, data, evidence, logic, argumentation, models, or other proof to present in support of your stance? Or do you only have an ever increasing pile of fallacies that further prove me right?
GÇ£If you're not willing to fight for what you have in GëívGëí you don't deserve it, and you will lose it.GÇ¥
Get a good start: Newbie skillplan 2.2.
|
Paranoid Loyd
7001
|
Posted - 2015.09.23 23:27:26 -
[754] - Quote
Aaron wrote:I feel like I'm looking in the mirror, I was just like you when I was a young lad. So how did you manage lose all your logic and knowledge?
"Gankers are just other players, not supernatural monsters who will get you if you don't follow some arbitrary superstition. Haul responsibly and without irrational fear." Masao Kurata
Fix the Prospect!
|
Tyberius Franklin
Federal Navy Academy Gallente Federation
1589
|
Posted - 2015.09.23 23:27:43 -
[755] - Quote
Aaron wrote:I feel like I'm looking in the mirror, I was just like you when I was a young lad. You should stop this thing you are doing. It's not on topic, not defending your position, not contributing to the conversation, and not actually making anyone but yourself look bad. |
Divine Entervention
Legion's Knights Of The Round Intrepid Crossing
619
|
Posted - 2015.09.23 23:32:29 -
[756] - Quote
That's just his opinion.
You're fine. |
Aaron
Eternal Frontier
316
|
Posted - 2015.09.23 23:35:35 -
[757] - Quote
Tyberius Franklin wrote:Aaron wrote:I feel like I'm looking in the mirror, I was just like you when I was a young lad. You should stop this thing you are doing. It's not on topic, not defending your position, not contributing to the conversation, and not actually making anyone but yourself look bad.
Sorry I had to get a few digs in before the ISD comes with his virtual and righteous scissors.
Fear no one, live life, be free, accept the truth, do not judge others, defend yourself, fight hard till the end, meditate on problems and be prosperous. Things to exist by. -- RAIN Arthie
|
Zihao
Garoun Investment Bank Gallente Federation
134
|
Posted - 2015.09.23 23:36:27 -
[758] - Quote
Its just my opinion that you should pay all or some portion of my monthly subscription. Not doing so, in my opinion, would be unjust and unfair as I have become accustomed to this treatment.
Please everyone take this opinion seriously or I will be forced to resort to non-sequitur statements and ad hom. |
Tippia
Sunshine and Lollipops
26278
|
Posted - 2015.09.23 23:37:41 -
[759] - Quote
Aaron wrote:Sorry, I had to get a few digs in before the ISD comes with his virtual and righteous scissors. Too bad that you failed at that as badly as you did at providing any kind of support for your stance.
GÇ£If you're not willing to fight for what you have in GëívGëí you don't deserve it, and you will lose it.GÇ¥
Get a good start: Newbie skillplan 2.2.
|
Divine Entervention
Legion's Knights Of The Round Intrepid Crossing
620
|
Posted - 2015.09.23 23:41:56 -
[760] - Quote
Threads like these are proof why you shouldn't vaccinate your kids.
They make kids artistic.
|
|
Markus Reese
Deep Core Mining Inc. Caldari State
616
|
Posted - 2015.09.23 23:48:55 -
[761] - Quote
To hopefully break up Aaron and Tippi's spat (They do converse just like a married couple) It is interesting how plex prices work. It is pretty fantastic economics. Commodity trading. Isk to plex, and plex back to isk or consumed for a use. People buy plex with the commodity they receive from real world work to get plex. Said isk then has a value to real world work. I just find it fastinating. Person works, they mentally value their time to isk, compare it with said tokens they get for work and thus convert it to plex. People then invest same work directly into eve for isk to get plex. They now have put value on their time.
Result is a proportional trade of real world man hours. Kind of interesting the comparison. Plex seller is willing to give up some of the working time in exhange for more recreational time. Buyers place a value on their rec time compared to their working time. Would be interesting to calculate current exchange of working time to recreational time of buyers to sellers and the value they place on their time.
To quote Lfod Shi
The ratting itself is PvE. Getting away with it is PvP.
|
Yang Aurilen
The Mjolnir Bloc The Bloc
897
|
Posted - 2015.09.24 00:12:01 -
[762] - Quote
Can we all just agree with aaron without actually meaning it already? It's more productive now a this point to let him hear what he wants to hear than argue with him.
I'll start:
Yes aaron right oh yes he totally knows what he's saying yeah let's all agree with him.
Post with your NPC alt main and not your main main alt!
|
Cancel Align NOW
Maas Industries
593
|
Posted - 2015.09.24 00:22:05 -
[763] - Quote
Alas Yang, I hit reply with the intent of going along with your Aaronicde. I can not bring myself to follow through. |
Market McSelling Alt
Bernie Madoff Investment Services LLC
614
|
Posted - 2015.09.24 00:23:17 -
[764] - Quote
Cancel Align NOW wrote:Alas Yang, I hit reply with the intent of going along with your Aaronicde. I can not bring myself to follow through.
Is that compassion I detect?!
Best description of Eve Online and why the community is the way it is
|
Cancel Align NOW
Maas Industries
594
|
Posted - 2015.09.24 00:40:57 -
[765] - Quote
Market McSelling Alt wrote:Cancel Align NOW wrote:Alas Yang, I hit reply with the intent of going along with your Aaronicde. I can not bring myself to follow through. Is that compassion I detect?!
It was a reaction to the bile rising up my throat. |
Teckos Pech
The Executives Executive Outcomes
3382
|
Posted - 2015.09.24 02:52:22 -
[766] - Quote
Markus Reese wrote:To hopefully break up Aaron and Tippi's spat (They do converse just like a married couple) It is interesting how plex prices work. It is pretty fantastic economics. Commodity trading. Isk to plex, and plex back to isk or consumed for a use. People buy plex with the commodity they receive from real world work to get plex.
[snip]
No, people who buy PLEX buy it with fiat currency not commodities.
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
|
Aaron
Eternal Frontier
316
|
Posted - 2015.09.24 03:08:14 -
[767] - Quote
Teckos Pech wrote:Markus Reese wrote:To hopefully break up Aaron and Tippi's spat (They do converse just like a married couple) It is interesting how plex prices work. It is pretty fantastic economics. Commodity trading. Isk to plex, and plex back to isk or consumed for a use. People buy plex with the commodity they receive from real world work to get plex.
[snip] No, people who buy PLEX buy it with fiat currency not commodities.
Currency is a commodity and traded world wide. Google "Forex"
Fear no one, live life, be free, accept the truth, do not judge others, defend yourself, fight hard till the end, meditate on problems and be prosperous. Things to exist by. -- RAIN Arthie
|
Teckos Pech
The Executives Executive Outcomes
3382
|
Posted - 2015.09.24 03:54:06 -
[768] - Quote
Aaron wrote:Teckos Pech wrote:Markus Reese wrote:To hopefully break up Aaron and Tippi's spat (They do converse just like a married couple) It is interesting how plex prices work. It is pretty fantastic economics. Commodity trading. Isk to plex, and plex back to isk or consumed for a use. People buy plex with the commodity they receive from real world work to get plex.
[snip] No, people who buy PLEX buy it with fiat currency not commodities. Currency is a commodity and traded world wide. Google "Forex"
No, currency is NOT a commodity. Currencies these days are fiat currencies--i.e. they have no real intrinsic value. They only have value because the government says they have value and people believe it.
All modern currencies can be described as IOU nothings.
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
|
Skeln Thargensen
katana spelunking trips
592
|
Posted - 2015.09.24 13:04:48 -
[769] - Quote
if anyone wants to send me their worthless fiat currency (which is a massive fire risk btw) PM me for my k-space postal address.
forums. -áserious business.
|
Isajah
Industrial Command Lux Aetherna
4
|
Posted - 2015.09.24 13:21:39 -
[770] - Quote
Teckos Pech wrote:No, currency is NOT a commodity. Currencies these days are fiat currencies--i.e. they have no real intrinsic value. They only have value because the government says they have value and people believe it. All modern currencies can be described as IOU nothings.
not because government tells you; because we all agree to that a specific currency is worth anything. the moment a seller does accepts or does not accept a specific currency, it has value or not.
|
|
Jonah Gravenstein
Machiavellian Space Bastards
25139
|
Posted - 2015.09.24 14:28:40 -
[771] - Quote
Aaron wrote:I think you're a teenage boy, you still live at home with mum and dad and you think you know how the world works which you haven't even experienced yet. Irony.
Civilized behaviour is knowing that violence is barbaric, but paying other people to do it is business.
Nil mortifi sine lucre.
|
Zihao
Garoun Investment Bank Gallente Federation
149
|
Posted - 2015.09.24 14:36:36 -
[772] - Quote
Isajah wrote:Teckos Pech wrote:No, currency is NOT a commodity. Currencies these days are fiat currencies--i.e. they have no real intrinsic value. They only have value because the government says they have value and people believe it. All modern currencies can be described as IOU nothings. not because government tells you; because we all agree to that a specific currency is worth anything. the moment a seller does accepts or does not accept a specific currency, it has value or not.
Functionally the same considering legal tender laws. |
Teckos Pech
The Executives Executive Outcomes
3384
|
Posted - 2015.09.24 15:34:49 -
[773] - Quote
Zihao wrote:Isajah wrote:Teckos Pech wrote:No, currency is NOT a commodity. Currencies these days are fiat currencies--i.e. they have no real intrinsic value. They only have value because the government says they have value and people believe it. All modern currencies can be described as IOU nothings. not because government tells you; because we all agree to that a specific currency is worth anything. the moment a seller does accepts or does not accept a specific currency, it has value or not. Functionally the same considering legal tender laws.
The legal tender thing is rather important. While there are some cryptocurrencies that are fiat money (e.g. BitCoin) but it still has to get approval from the government (it is considered a virtual currency in the U.S. and there were a number of instances where the government has acted as if BitCoin were a currency).
Governments like having their monopoly position when it comes to money and their role in the banking industry...typically because it lets them finance government activities. Banks, depending on the country and the banking system, can work to raise money for the government (basically like taxes) or can be used to promote policies indirectly where direct promotion would be much more difficult. For example, if you want to encourage home ownership a great way to do it is via the banking system as it looks like it has little cost in term of the government's budget. Of course there is a problem here in that what looks like a "free lunch" is anything but. For example, to often get this kind of a change government will implicitly promise to bail out banks and/or cover higher mortgage default rates....this can lead to a moral hazard problem which can be quite costly as we saw here.
In the case of a currency crisis things tend to go out the window. The government has basically lost its credibility at maintaining a stable money supply and people then turn to another alternative (for example in Zimbabwe it is my understanding most people use U.S. dollars).
Anyhow, this is getting quite far from the topic of PLEX prices.
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
|
Zihao
Garoun Investment Bank Gallente Federation
151
|
Posted - 2015.09.24 19:11:52 -
[774] - Quote
You must make your last payment in wampum. |
Otso Bakarti
Filial Pariahs
305
|
Posted - 2015.09.24 19:27:41 -
[775] - Quote
It's like the currency in some places. It's not that the prices are going up so fast. It's that the money is losing its value so fast. You have to raise the price just to make the same amount of money as before.
Simple math. Something economists fail to employ.
Back from the 90-day suspension for speaking truth to power.
|
Zihao
Garoun Investment Bank Gallente Federation
152
|
Posted - 2015.09.24 19:44:59 -
[776] - Quote
Something something multi-trillion sword of Damocles. Something something 0% forever. |
Cidanel Afuran
Chickenhawk.
243
|
Posted - 2015.09.24 19:56:21 -
[777] - Quote
Aaron wrote:Currency is a commodity and traded world wide. Google "Forex"
From an investment standpoint, currency is not considered to trade in commodity markets. The commodity market is simply the trading of products that are not manufactured in any way.
Currency can be (and is) manipulated through interest rate adjustments, issuing/buying back securities, and adjusting minimum reserve requirements.
Commodities can not be manipulated like that.
Could Japan manipulate the price of copper the same as it is currently manipulating the Yen? |
Teckos Pech
The Executives Executive Outcomes
3387
|
Posted - 2015.09.24 20:19:13 -
[778] - Quote
Otso Bakarti wrote:It's like the currency in some places. It's not that the prices are going up so fast. It's that the money is losing its value so fast. You have to raise the price just to make the same amount of money as before.
Simple math. Something economists fail to employ.
Yeah economists don't do math.
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
|
Aaron
Eternal Frontier
316
|
Posted - 2015.09.24 20:33:02 -
[779] - Quote
Teckos Pech wrote:Aaron wrote:Teckos Pech wrote:Markus Reese wrote:To hopefully break up Aaron and Tippi's spat (They do converse just like a married couple) It is interesting how plex prices work. It is pretty fantastic economics. Commodity trading. Isk to plex, and plex back to isk or consumed for a use. People buy plex with the commodity they receive from real world work to get plex.
[snip] No, people who buy PLEX buy it with fiat currency not commodities. Currency is a commodity and traded world wide. Google "Forex" No, currency is NOT a commodity. Currencies these days are fiat currencies--i.e. they have no real intrinsic value. They only have value because the government says they have value and people believe it. All modern currencies can be described as IOU nothings.
How do you describe the act of trading one currency against another?
Money combats the inability to trade unlike skill sets or goods in barter, We are given fiat money yes I agree, It does hold value because we use it to pay our bills. I agree that it has no underlying value.
If I've got -ú100,000 and I want to trade it's value against another currency then I've got 100,000 commodities.
Fear no one, live life, be free, accept the truth, do not judge others, defend yourself, fight hard till the end, meditate on problems and be prosperous. Things to exist by. -- RAIN Arthie
|
Teckos Pech
The Executives Executive Outcomes
3388
|
Posted - 2015.09.24 21:05:08 -
[780] - Quote
Aaron wrote:Teckos Pech wrote:Aaron wrote:Teckos Pech wrote:Markus Reese wrote:To hopefully break up Aaron and Tippi's spat (They do converse just like a married couple) It is interesting how plex prices work. It is pretty fantastic economics. Commodity trading. Isk to plex, and plex back to isk or consumed for a use. People buy plex with the commodity they receive from real world work to get plex.
[snip] No, people who buy PLEX buy it with fiat currency not commodities. Currency is a commodity and traded world wide. Google "Forex" No, currency is NOT a commodity. Currencies these days are fiat currencies--i.e. they have no real intrinsic value. They only have value because the government says they have value and people believe it. All modern currencies can be described as IOU nothings. How do you describe the act of trading one currency against another? Money combats the inability to trade unlike skill sets or goods in barter, We are given fiat money yes I agree, It does hold value because we use it to pay our bills. I agree that it has no underlying value. If I've got -ú100,000 and I want to trade it's value against another currency then I've got 100,000 commodities.
Trading one IOU-nothing for another IOU-nothing.
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
|
|
|
|
|
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 .. 29 :: one page |
First page | Previous page | Next page | Last page |