Relic - Opportunity for removing Gil from the system

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Originally Posted by Tricksy

Coke? Did you say? Nah... I must be confused... Coke? But...

Coke?

o.0

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It's not THAT kind of Coke. This Coke is a cluster of small rocks sold by shady merchants for exorbitant prices.

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Originally Posted by Arik

Um.......if I buy a 2 mil Gil item, the 2 mil Gil that I have is now represented by that item, its just that my 2 mil in gil is no longer liquid. If I decide to sell that item once I'm done using it, barring huge inflation/deflation, I can get my 2 mil Gil back. If I try to meld that item and it blows up, that item no longer exists. My 2 mil Gil worth of participation in the economy no longer exists.

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The item blowing up does not remove gil from the economy. Let's assume that there are two things that can happen. (A) the item doesnt blow up and (B) the item blows up.
(A) You're right in thinking it's worth gil. But it isn't gil itself. If you sell it you get your gil back but that gil comes from another player it is not gil introduced into the economy.
(B) It blows up The guy you bought it from still has your gil so that gil is still in the economy. You cant get your gil back by selling it but the gil you would have got for selling it is still in the hands of the guy who would have bought it from you. The gil is still in the economy.

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Originally Posted by charlemagne

The item blowing up does not remove gil from the economy. Let's assume that there are two things that can happen. (A) the item doesnt blow up and (B) the item blows up.
(A) You're right in thinking it's worth gil. But it isn't gil itself. If you sell it you get your gil back but that gil comes from another player it is not gil introduced into the economy.
(B) It blows up The guy you bought it from still has your gil so that gil is still in the economy. You cant get your gil back by selling it but the gil you would have got for selling it is still in the hands of the guy who would have bought it from you. The gil is still in the economy.

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Its an asset. Worth gil. I dont know if I am misunderstanding you or what, but it has value represented in gil.

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Originally Posted by Powercow

It's not THAT kind of Coke. This Coke is a cluster of small rocks sold by shady merchants for exorbitant prices.

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Lol still confused? You didn't really set my mind at ease :P

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Originally Posted by Tricksy

Its an asset. Worth gil. I dont know if I am misunderstanding you or what, but it has value represented in gil.

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just because it has a value, does not mean it is gil itself though

gil is gil, items are not gil

there is only so much gil in the economy itself, and can only be added by doing something in which gil is created from an npc/quest etc etc

every time you make an item, you are not in fact making gil, you are just making something you can exchange for other peoples gil

in other words, if you make item xxx worth 2mil gil, you did not just add 2mil gil to the economy, you just made an item which can get you 2mil gil which is already in the economy


100bil gil + new item = 100bil gil still, not 100bil + value of item

its just you will now be able to snag a piece of that 100bil already there

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Originally Posted by Tricksy

Its an asset. Worth gil. I dont know if I am misunderstanding you or what, but it has value represented in gil.

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Lets assume you own a car. That car has a cash value. Lets assume you sell your car to Bob. Bob now has a car and you have Bobs cash. The cash wasn't created to buy your car it has simply moved from Bob to you. No cash has been added or removed from the economy by the sale, it has simply moved from Bob to you.

Lets assume a second case. You have a car. Your car develops a fault, catches fire and burns. You no longer have a car but you dont have less cash. Bob still has his cash, no cash has been removed from the economy.

An item has value and can be exchanged for cash. The item itself is not cash. Whatever happens to the item does not impact on the amount of cash there is. You could probably trade your car with someone for a motorbike, but if your car burned there wouldn't be fewer motorbikes in the world would there? It's exactly the same thing.

I could start talking about financial and non-financial assets and economic transactions, but it would be getting off topic and that might hurt people's brains. Instead, I'm going to keep this simple.

Tax!

Every time I buy something from the mercentile house, I pay up to an extra 4k gil, which the seller doesn't get. SE have removed that gil from the economy.

Every time I sell something in a (regular, not discounting) market ward, I only get to keep 95% of my asking price. SE keeps the rest, removing 5 gil for every 100 gil traded on the wards.

This also means that the more expensive things trade for, the more gil is lost to tax.

So if you want to remove gil from the game, ensure more gil is traded on the wards, be it more items or at more expensive prices.
Introducing the materia system did this. So did difficult-to-make items that would sell for high sums.

When I bought my Vanya Robe +1 for 2,500,000gil, SE took 125,000gil out of the system via sales tax.

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Originally Posted by TheVedis

an item, is an item, a gil is gil

1 gil will always = 1 gil

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Unless it's Gath's...

:rolleyes:

The gil sink comes from buying mats from NPCs and from market taxes.

More double meld failures = more mats that need to be purchased, and more materials (and materia) bought and sold in the markets.

Its discreet, but there is definitely a removal of gil from the game with Relics.

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Originally Posted by Zantetsuken

Unless it's Gath's...

:rolleyes:

The gil sink comes from buying mats from NPCs and from market taxes.

More double meld failures = more mats that need to be purchased, and more materials (and materia) bought and sold in the markets.

Its discreet, but there is definitely a removal of gil from the game with Relics.

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yeah, that is a true gil sink
that is gil actualy being removed from the economy

if another player gets it, its still there
if taxes get it, or an npc gets it, thats removed


people need to learn the difference

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Originally Posted by Catapult

Ah yes, but you've forgotten the most basic premise of all economies everywhere.

People will pay to be lazy.

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Quoted for Truth