No, there are two types of inflation. One is monetary inflation, where the amount of money [isk] increases. The other is price inflation, where the price of goods increases.

The article points to the fact that money supply has increased massively [thirteenfold] while prices have not increased. They have in fact declined a little - although recently prices have started to increase, it is only by single-digit percentage points [compared to the 1,300% increase in money supply].


However, without actual data it is hard to judge what is really going on or to make predictions about price movements in the future. The short-term price trend is slightly upwards, but the overall long-term pressure has always been downwards.

So unless there is a fundamental change in game mechanics, don't go putting all your isk into real goods just yet. But do be alert to a possible change in game mechanics which might cause huge amounts of isk to bum-rush into the system and drive up prices.

I'd love to see how many pilots were involved in earning the 9 trillion ISK (incursions) compared to the 33 trillion isk (bounties). Posting how much ISK the two activities brought in without the other info is just showing a small part of the story.

If considerably less than 25% of the population is running incursions, then this is obviously broken.

Stating anything to the contrary is obviously and utterly laughable.

So if considerably less than 25% of the population is farming wormholes, then, wormholes are obviously more broken than incursions. Since Blue Lewt contributed about 10.4T isk in Feb compared to the 8.6T from incursions (not just highsec incursions).

Last time i checked there is no concord in wormholes.

So if considerably less than 25% of the population is farming wormholes, then, wormholes are obviously more broken than incursions. Since Blue Lewt contributed about 10.4T isk in Feb compared to the 8.6T from incursions (not just highsec incursions).

So if considerably less than 25% of the population is farming wormholes, then, wormholes are obviously more broken than incursions. Since Blue Lewt contributed about 10.4T isk in Feb compared to the 8.6T from incursions (not just highsec incursions).

From twitter on 29th Feb:
John Turbefield GÇÅ @CCP_Diagoras
Locations of active chars with more than 5m SP just after midnight: High Sec 66.00%, Low sec 7.37%, Null sec 20.73%, Wormhole Space 5.89%

I think you are talking apples to oranges if you compare the continuous risk of being killed by other players in wormhole space and the logistics involved in moving blue loot back to empire to sell to the safety of running highsec incursions and getting instant bounty rewards.

FFUuuuuuuuuuuu people who claim incursions cause inflation hahaha....

In the end it was actually 0.0 carebears running anomolies that was causing inflation.

It seems like he said that ISK that is just made but sits there isn't all that terribly interesting to the economy. What matters is the ISK that's actually used - which is why he went into such laboring over the velocity. Basically: the more people use their accumulated wealth, the higher the price inflation is going to go.

ItGÇÿs also important to note that money supply and the velocity of money are far from being the only things that affect inflation. Supply side changes can have a big impact on prices.

I've been doing some thinking, and it seems to me that a large part of the recent price inflation may be the result of people getting back into the market after resubbing in Crucible after ragequitting in Incarna. The thing about it is that that I would normally expect that to be a temporary price increase, but the amount of available currency may mean that it is more permanent ... its not like anyone has any trouble paying for stuff as it is.

Inflation is positive if it's kept a certain rate; if it goes too low then the market stalls as people wait for products to become cheaper, hence things don't sell, people don't get paid, bad times.

To what extend can those increased prices be explained by the following factors:


Increased demand for maelstrom, Drakes, 1400mm guns, heavy missile launchers and maybe abbadons, lazers and tier 3 battlecruisers?

Plex prices?

Zydrine speculation?

Nope.

Inflation is positive if it's kept a certain rate; if it goes too low then the market stalls as people wait for products to become cheaper, hence things don't sell, people don't get paid, bad times.

No, there are two types of inflation. One is monetary inflation, where the amount of money [isk] increases. The other is price inflation, where the price of goods increases.

This is an economic fallacy, and history doesn't bear this out. Bad news for you, Keynes is dead.

Right on! Stick with your assertion no matter what! What does CCP know anyway!

They know a fair bit, and they're certainly not claiming what The Snowman saysGǪ

No, incursions most certainly cause inflation.

Let's say they were a contributing factor. Some people forget that the Concord LP handed out is actually an ISK sink. I've never seen that number separated from the other LP store sinks, though, so I won't comment on how much it does actually dampen the ISK payout of incursions. Somebody got numbers? (or rough approximations?)

Let's say they were a contributing factor. Some people forget that the Concord LP handed out is actually an ISK sink. I've never seen that number separated from the other LP store sinks, though, so I won't comment on how much it does actually dampen the ISK payout of incursions. Somebody got numbers? (or rough approximations?)

so, did the money supply through bounties change? If not, it does not realy matter if its the largest piece of the pie or not, incursions or something else can still be the cause for the inflation.