Aeryn Maricadie
Doin It Wrong
Late Night Overheating
34
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Posted - 2017.06.14 10:49:54 -
[1] - Quote
Lolno
There is inflation due to the massive increase in the money supply. It is masked by the concurrent increase in materials as well which is keeping in game item prices down. This is occurring for the same reason, people are just producing stuff and ratting rather than fighting which is the primary way stuff gets removed from circulation in the EVE economy.
Plex prices aren't falling because the supply is relatively stable. Plex is poduced by people willing to spend IRL money. The supply ought to go up as it becomes more valuable on the market, but I think this is being partially offset by the cheapness of commodities.
Furthermore demand for pled from other players is likely reduced by lack of in game activity. People with multiple accounts may not need to keep them subbed in times of peace so they just stockpile isk in the meantime on their primary accounts. Not to mention people may just take a break from the game when little is going on, meaning to return when something happens.
The way to restore balance to the economy is a major war or few.
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Aeryn Maricadie
The Scope
Gallente Federation
34
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Posted - 2017.06.15 01:06:47 -
[2] - Quote
Ikshuki wrote: finally, someone who sees my point
I hope this was sarcasm, because if you thought I was agreeing with you, then I'm afraid you did not understand a word of it.
First the Isk inflation. There is more ISK in circulation per capita therefore there is inflation. Inflation only occurs when money is created. Additional money devalues the rest of the money supply by a proportional amount, meaning that the purchasing power of your money decreases by that proportional amount. The purchase of plex does not create ISK therefore it does not cause inflation. In fact trading plex removes ISK from circulation Via taxes and Fees which is actually deflating the ISK supply which increases the value of the remaining ISK in players wallets.
The reason why inflation is not obvious on the market is because the consumer price index (CPI) is also going down at the same time, usually the CPI which tracks the price paid by the consumer should go up as the consumer's purchasing power decreases. The reason this is not occurring in EVE is because there is a massive increase in goods being traded which causes a similar inflation in commodities. The larger the supply of commodities the less valuable any one item is.
The reason why the cost of plex is going up is because there is no major increase in the Plex supply, it is only produced by people mining their wallets, and this population is likely remaining relatively constant. Therefore more ISK will be required to trade for the same plex as the ratio of ISK to plex increases.
The reason why both Commodities and ISK are increasing is because CCP has made major offensive actions damn near impossible, so instead of shooting each other, the major alliances have just started ratting and mining like crazy. Hence the need for a major war. If people quit shooting rocks and rats and start shooting each other like BOB intended prices will normalize.
Sorry but the things you suggested displayed a massive lack of understanding of the games economy. |