Where does "Nicky Yo" stand on this issue?

Where does "Nicky Yo" stand on this issue?

You could try making some money, and perhaps then you wouldn't be so poor.

The supplies of isk have increased. But it's sinks have diminished. The supply of plex have remained consistent but it's demand and sinks have increased?

How do we solve this? Simple like the real world economy we create more taxes. There will be a tax for everything.

1. Gate toll tax a rate of 100 isk per jump. Inability to pay won't stop you from jumping but will be taken from any transaction.

2. Station usage services and hangar tax.

3. Ship tax. You are required to pay a flat Tax based on ship mineral cost.

4. Local communications tax to utilize local.

5. Docking/undocking task.

And much much more.

This new tax system will nickel and dime everyone helping combat excess isk.

Video game inflation means that people have to much isk and not enough people are poor.

Not being poor is what leads to inflation in EVE.

But you didn't care about being constructive so....




First thing you do to combat inflation in EVE, blow up more ships.

First thing you do to combat inflation in EVE, blow up more ships.

Clever

Which increases demand which increases prices which........

The cash used to purchase the ship goes to......

Perhaps you should take an econ 101 class.

Inflation is caused by too much money chasing too few goods, whatever the source of the money.

And i the real world, most money is not created directly by government, but rather by people taking out loans from banks. There are $38T US dollars ($43T if you count what the USA Fed Gov owes itself in the form of trust funds). Of that the federal governmetn has created $11T ($16 if you count trust funds) of that money.

Every time you use a credit card, or take out some other loan, you create money, and offsetting debt.

Actually, creating demand for more ships will increase inflation, not decrease it.


Inflation = too much ISK AND not enough stuff to buy with the ISK.

Make more stuff = deflation
Buy less stuff = deflation



Build less = inflaition
Buy more stuff (like from more boom) = inflation

Ok, let me clarify here since it was wrong word usage. The gov't doesn't make money. The federal reserve prints money with nothing backing it so there for, the federal reserve makes money out of thin air. This subject matter here is off topic though and does not relate to EVE.

But here you are applying real world economics to a game. The same mechanics don't apply. Yes, real word inflation is based on supply and demand. Someone demands it and someone supplies it and charges based on the abundance of whatever. There is an infinite supply of everything in EVE! The only thing you pay for when you purchase something is the compensation of another players time, effort and theoretical risk/loss.

What causes inflation in a game environment is the lack of circulation of currency or velocity of money. There is trillions upon trillions of isk within the EVE economy and it's not being circulated because of older players and corps holding on to it. What really needs to happen to drop inflation is war and lots of it. So that money is being circulated to pay for supplies. Thus, helping new players fuel the war effort.

Wouldn't an ISK - AUR system help sink ISK without taxing needlessly?

That and more things to buy with the AUR. Maybe even ship skins, etc.; the really wealthy can show off gold lining on their Dreadnoughts, or whatever.

The federal reserve hasn't printed money in over 40 years.

Money is something that replaces an item of value instead of just trading that item.

Fiat currency is what you're describing, and currency isn't money.

It's not really a problem to make "sinks", the problem is making them desirable enough that people dump enough ISK into them.

It's harder to come up with ways to move ISK out that way than it is to simply tax more. Everyone would be doing something to pay a higher tax, not everyone may be williing to convert ISK into something else to buy something off the NEX.

It would make sense for the empires to raise taxes as more and more isk enters the system.
I would imgine that they'd end up having to create a bunch of silly taxes just for the sake of creating sinks though; it would just be easier to reduce the amount of isk certian people can earn.

Like making higher level missions and rats pay out less, and making NPC's require more ammo to blow up. Sometimes inflation is better than the alternatives.


Just raise prices and blow more stuff up; it's just a game afterall.

...highsec manufacturing?

I heard he's being asked to stand for CSM 8.

The supplies of isk have increased.

But it's sinks have diminished.

The supply of plex have remained consistent

but it's demand and sinks have increased?

Before anything is solved a problem should probably be demonstrated

Build less = inflaition
Buy more stuff (like from more boom) = inflation

The supplies of isk have increased. But it's sinks have diminished. The supply of plex have remained consistent but it's demand and sinks have increased?

How do we solve this? Simple like the real world economy we create more taxes. There will be a tax for everything.

1. Gate toll tax a rate of 100 isk per jump. Inability to pay won't stop you from jumping but will be taken from any transaction.

2. Station usage services and hangar tax.

3. Ship tax. You are required to pay a flat Tax based on ship mineral cost.

4. Local communications tax to utilize local.

5. Docking/undocking task.

And much much more.

This new tax system will nickel and dime everyone helping combat excess isk.

Correct. No isk is removed from the game, it simply transfers ownership.

Ultimately, the thing often mistaken here is where people say earning too much isk generates inflation. It does not.

Spending the isk does. You can make people poorer as much as you like but spending patterns don't neccessarily change because people probably need the stuff they actually buy.

I've said only recently that the best sink to "use up money" (if we even have to) is to put a cost on using stuff - such as maintenance costs, depreciation etc. Like we actually have in RL - it is it's own market driver and modifier without the need for PvP as the ONLY method to drive the economy.

If we want to compare RL economic theory in Eve we must first accept that we have to use RL economic practise - in it's entirety - not the bits that suit and call it a VR economy in isolation.