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Eternus8lux8lucis
Primus Inc. LEGIO ASTARTES ARCANUM
1453
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Posted - 2017.04.16 08:13:18 -
[1] - Quote
How fast does a single isk flow through each trade hub? Which are the fastest flowing regions? Which are the slowest? How fast would it take for a single isk to transverse the Everse?
Kinda curious seeing as you guys can measure any metric you want. How fast does isk flow around the New Eden world? Where does it flow and how fast does it flow back?
In the old days isk itself flowed mostly from null to high sec, got manufactured and flowed back in modules and ships, if we only look at it in terms of isk only how fast or slow is this relative flow and how fast or slow does it change over the years? In the real world flow of money is a huge thing, we have trade balance graph porn, thank you muchly CCP Quant, but I would LOVE to see a nice infographic of actual flow lines on an Eve map if possible.
Thanx.
Have you heard anything I've said?
You said it's all circling the drain, the whole universe. Right?
That's right.
Had to end sometime.
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Do Little
Virgin Plc Evictus.
1025
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Posted - 2017.04.16 09:04:44 -
[2] - Quote
The metric you're looking for is the velocity of money. CCP Quant includes an overall assessment in his monthly economic updates http://cdn1.eveonline.com/community/MER/Feb_2017/9c_velocity.png
I don't know if the data is available to break it down by trade hub. |
Eternus8lux8lucis
Primus Inc. LEGIO ASTARTES ARCANUM
1453
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Posted - 2017.04.16 09:41:17 -
[3] - Quote
Thank you for the graph porn.
Yes though it is a bit more specific than how fast it travels period but also between regions and hubs specifically. But still cool to see.
Have you heard anything I've said?
You said it's all circling the drain, the whole universe. Right?
That's right.
Had to end sometime.
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Sir BloodArgon Aulmais
Fortis Fortuna Adiuvatt Dot Dot Dot
100
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Posted - 2017.04.16 13:56:47 -
[4] - Quote
There are other graphs that should do exactly that. Import/exports of the different regions. Jita itself is no surprise. Look for the economic report from ccp, they do it monthly? |
Nevyn Auscent
Broke Sauce
3953
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Posted - 2017.04.16 21:54:26 -
[5] - Quote
Sir BloodArgon Aulmais wrote:There are other graphs that should do exactly that. Import/exports of the different regions. Jita itself is no surprise. Look for the economic report from ccp, they do it monthly? That won't tell you who owns the market alts though and where the isk flows back to via direct isk transfers. |
Eternus8lux8lucis
Primus Inc. LEGIO ASTARTES ARCANUM
1453
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Posted - 2017.04.17 00:33:48 -
[6] - Quote
Sir BloodArgon Aulmais wrote:There are other graphs that should do exactly that. Import/exports of the different regions. Jita itself is no surprise. Look for the economic report from ccp, they do it monthly? Yes I know this. Its not exactly what Im looking for.
The import/exports breaks it down simply by region to anywhere else, like a country, it doesnt say what regions or where the isk flows or how fast it flows THROUGH a hub. Your country's reserve bank prints extra money, that money is loaned to banks, which is then loaned or given to you through withdrawals, which you pay to someone for a good or service or pay your employees or taxes and it continues to flow around. My question is simply this, seeing as the trade hubs are central points for all New Eden and theres really only a handful of them how quickly does isk flow through and around them and around the Everse?
Velocity of isk is a metric yet it is simply the speed at which all isk moves throughout New Eden and not where or where through it might flow. Trade balances and import/export tells how much is produced and bought for but not where and where through.
Both of these are enough for most this is simply idle curiousity for myself and not what the trader alts are or anything lol. I am actually enthralled with Jita being 78% of all trade in game and how fast any single isk made anywhere in New Eden would actually get there and flow back to its original point. Same with the other lesser hubs. Just like I have an idle curiousity of how fast itd take for each USD or whatever currency to travel around the world in general. But unlike real life where that stuff is rather hard to track this IS something that could be possible because of the nature of this game.
It would ironically, in a completely electronic world monetary currency, have real world implications for trade and money movement as if a true electronic currency integration is ever done it would also be able to be fully tracked in this way. The IMF is already started to value the major currencies into a currency basket and has for years based on their own weighting of the most valuable currencies. So this is less and less a far fetched reality as more and more businesses and transactions are going cashless as well as economies being tied together tighter and tighter and borders are less and less of an issue for international trade.
But hey its just me being curious.
Have you heard anything I've said?
You said it's all circling the drain, the whole universe. Right?
That's right.
Had to end sometime.
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Yebo Lakatosh
KarmaFleet Goonswarm Federation
185
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Posted - 2017.04.17 05:00:02 -
[7] - Quote
Eternus8lux8lucis wrote:I am actually enthralled with Jita being 78% of all trade in game and how fast any single isk made anywhere in New Eden would actually get there and flow back to its original point. I'm no money man in New Eden or otherwise... maybe that's why the question doesn't make sense to me. I can't imagine a 'single' ISK. If you have 2 ISK, and I send you one more... than you proceed to buy something for 1.5 ISK.. who has the 'one' ISK I sent to you?
It's not like a banknote you draw a smiley on, so you can trace it.
They say Alpha clones are only for trying stuff. I say it's just the Hard Mode.
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Eternus8lux8lucis
Primus Inc. LEGIO ASTARTES ARCANUM
1453
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Posted - 2017.04.17 07:55:08 -
[8] - Quote
Yebo Lakatosh wrote:Eternus8lux8lucis wrote:I am actually enthralled with Jita being 78% of all trade in game and how fast any single isk made anywhere in New Eden would actually get there and flow back to its original point. I'm no money man in New Eden or otherwise... maybe that's why the question doesn't make sense to me. I can't imagine a 'single' ISK. If you have 2 ISK, and I send you one more... than you proceed to buy something for 1.5 ISK.. who has the 'one' ISK I sent to you? It's not like a banknote you draw a smiley on, so you can trace it. Yet in this case because it is electronic you technically could. Youd just need a lot of smileys on a lot of banknotes. Its the same as tracking a cell phone if you will as it pings off different towers as you move around. With real life currency its rather hard and you need others cooperation. When its electronic putting on an e-tag if you will to ping you when it moves to a certain location is possible and then all you need is enough e-tags on single units to ensure a good spread and enough movement. Tagging one isk on each person and it might take ages for that person to move that single isk, but tagging hundreds or thousands randomly will show where they eventually flow and how fast they do so. So electronically its a lot easier to track and trace things than in real life.
Have you heard anything I've said?
You said it's all circling the drain, the whole universe. Right?
That's right.
Had to end sometime.
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mkint
1729
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Posted - 2017.04.17 12:25:39 -
[9] - Quote
Your question is nonsense. Where is the isk? Nowhere. Or I guess more accurately, London. All the trade hubs are also in London, but the isk is never on a node that any trade hubs are on, the isk is all on the node that tracks all the isk, so it probably doesn't even share a blade with any trade hubs.
In-game terms, it's the same. The isk is either in the wallet, or in escrow. The closest it ever has to a "location" is the location of the orders where the escrow is covering. Even the concept of "velocity of isk" is pretty abstract and barely measurable, and not entirely accurate in terms as specific as you are thinking, only in general terms. You might be able to say isk flows from nullsec to highsec, but only in abstract terms: more isk is generated in a given time in nullsec than is used in transactions while the opposite is true in highsec (adjusted mathematically that my brain can't quite wrap around right now.) Even if you could track 1 isk (this isk generated in nullsec was spent in highsec) you still couldn't. It's like saying "this gallon of water in the ocean came from the Andes." At best it can only be sort-of true.
So yeah, your question is broken. An isk doesn't move across the universe. It moves from one person's wallet to another.
Maxim 6. If violence wasnGÇÖt your last resort, you failed to resort to enough of it.
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Eternus8lux8lucis
Primus Inc. LEGIO ASTARTES ARCANUM
1453
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Posted - 2017.04.17 13:03:12 -
[10] - Quote
mkint wrote:Your question is nonsense. Where is the isk? Nowhere. Or I guess more accurately, London. All the trade hubs are also in London, but the isk is never on a node that any trade hubs are on, the isk is all on the node that tracks all the isk, so it probably doesn't even share a blade with any trade hubs.
In-game terms, it's the same. The isk is either in the wallet, or in escrow. The closest it ever has to a "location" is the location of the orders where the escrow is covering. Even the concept of "velocity of isk" is pretty abstract and barely measurable, and not entirely accurate in terms as specific as you are thinking, only in general terms. You might be able to say isk flows from nullsec to highsec, but only in abstract terms: more isk is generated in a given time in nullsec than is used in transactions while the opposite is true in highsec (adjusted mathematically that my brain can't quite wrap around right now.) Even if you could track 1 isk (this isk generated in nullsec was spent in highsec) you still couldn't. It's like saying "this gallon of water in the ocean came from the Andes." At best it can only be sort-of true.
So yeah, your question is broken. An isk doesn't move across the universe. It moves from one person's wallet to another. Wow, you know nothing about economics by this entire answer.
Have you heard anything I've said?
You said it's all circling the drain, the whole universe. Right?
That's right.
Had to end sometime.
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mkint
1729
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Posted - 2017.04.17 14:22:46 -
[11] - Quote
Eternus8lux8lucis wrote:mkint wrote:Your question is nonsense. Where is the isk? Nowhere. Or I guess more accurately, London. All the trade hubs are also in London, but the isk is never on a node that any trade hubs are on, the isk is all on the node that tracks all the isk, so it probably doesn't even share a blade with any trade hubs.
In-game terms, it's the same. The isk is either in the wallet, or in escrow. The closest it ever has to a "location" is the location of the orders where the escrow is covering. Even the concept of "velocity of isk" is pretty abstract and barely measurable, and not entirely accurate in terms as specific as you are thinking, only in general terms. You might be able to say isk flows from nullsec to highsec, but only in abstract terms: more isk is generated in a given time in nullsec than is used in transactions while the opposite is true in highsec (adjusted mathematically that my brain can't quite wrap around right now.) Even if you could track 1 isk (this isk generated in nullsec was spent in highsec) you still couldn't. It's like saying "this gallon of water in the ocean came from the Andes." At best it can only be sort-of true.
So yeah, your question is broken. An isk doesn't move across the universe. It moves from one person's wallet to another. Wow, you know nothing about economics by this entire answer. You have no way of knowing how good I am at economics because your question is fundamentally broken. Isk is not a physical thing. Even in-game it isn't an inventory item. It has no map location whatsoever, not even a virtual location. So asking where an isk has been map-wise is as ridiculous as asking what the color blue tastes like. It's nonsense. Ask a better question.
Maxim 6. If violence wasnGÇÖt your last resort, you failed to resort to enough of it.
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