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  1. #1
    Player
    Pandemonium's Avatar
    Join Date
    Dec 2012
    Posts
    152
    Character
    Pande Monium
    World
    Ragnarok
    Main Class
    Fisher Lv 50
    Quote Originally Posted by DwightParkman View Post
    Snip
    As noone has yet been kind enough to point it out, and as you are clearly clueless as to what is really going on, let me point it a very simple manner.

    First, some terms to help you (simplified and using relevant terms:

    Economy - the total amount of wealth in the game.
    Gil injection - Where money is generated, and created as extra gil the total economy of the game. This leads to inflation, and in extreme cases "hyper-inflation".
    Gil sinks - where gil is extracted through various methods, and deleted from the game. The idea is to combat hyper-inflation. Though this can lead to deflation, etc.
    Personal Wealth - how much gil (of the total economic wealth) that each player has.

    Some examples of gil sinks:

    Repair bills
    Market boards/AH - 5% per transaction.
    NPC vendors (buying materials)


    Now let me spell it out. Imagine, for simplicity's sake, there are 100 people on each server.

    Each person has 100,000 gil. (i.e. 10,000,000 in the economy. That is the economic worth of the server is 10,000,000 gil)

    Everytime someone sells something to the NPC, such as an allagan Piece, or a material etc. Everytime you get gil from a fate, everytime you get a gil reward from a dungeon or leve. This adds money to the economy.

    Again, let us suppose all 100 people have done their quests, and fates etc. and made a healthy profit:

    100 people all have 1,000,000 gil (i.e. 100,000,000 in the economy).

    Now, what you are talking about in your post, is personal wealth. Obviously, these 100 people are going to do some buying and selling on the AH, and repairing of their stuff, etc. Everytime you sell something for 10,000 gil, the AH takes 5%. Said in a different way, 5% of that sale is removed from the economy.

    So you made 150,000 from selling to people, and they lost 150k. So you have shifted your personal wealth, but the economy is 7.5k (5% of 150k) worse off.

    Now figure in every sale (including the morons buying/selling Allagan pieces on the AH - yup, that is happening); also account for every repair bill; every NPC material purchase, weapon or gear purchase; and so on.

    What people are complaining about, quite simple is this:

    The gil sink, is greater than the gil injection - thus we are heading for an inevitable deflation and recession where noone is buying or selling.


    Now, I'm not going to say if they are right or wrong, but I am telling you, that you are wrong and are trying to wade in with matters you clearly don't understand. I hope this has cleared it up for you.

    Now that will be $100 for you first Economics 101 class. Thank you, have a nice day.
    (24)
    Last edited by Pandemonium; 09-10-2013 at 01:06 AM.
    Common Sense is a language most misunderstood on the continent of the MMOForum

  2. #2
    Player
    TheRac25's Avatar
    Join Date
    Apr 2011
    Posts
    415
    Character
    Krell Ynjynor
    World
    Excalibur
    Main Class
    Fisher Lv 50
    Quote Originally Posted by Pandemonium View Post
    [U]we are heading for an inevitable deflation and recession where noone is buying or selling.
    its allready happening as people get to level 50 and and they see the reality andthey either have nothing to spend on markets or are holding on to what little they have
    (1)

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