The "Saving the Economy" Super Thread! (ideas to save economy)

[SolArisa]

Was not a problem in 11. It should not be a problem in this game either.

Also wasn't a problem in 1.0.

[Xystic]

In order to agree with anyone, I need to see numbers.

We need to see if the overall gil in circulation is decreasing daily, which could indicate that the economy is doing bad.

Until then any idea to change the economy is not necessary because we really don't know if the economy is doing bad or good. Looking at the prices fall on items does not necessarily indicate a bad economy. Looking at the overall gil circulated each day provides a much much better analysis of the market.

[kukurumei]

In order to agree with anyone, I need to see numbers.

We need to see if the overall gil in circulation is decreasing daily, which could indicate that the economy is doing bad.

Until then any idea to change the economy is not necessary because we really don't know if the economy is doing bad or good. Looking at the prices fall on items does not necessarily indicate a bad economy. Looking at the overall gil circulated each day provides a much much better analysis of the market.

Umm...please be mindful of economic remarks when trying to use the word "economy" in your argument. Especially...well we have something call the consumer price index aka CPI. that is a very big thing, ya know in tracking important stuff like inflation/deflation/etc. A lesser known, but equally important is the producers price index, or PPI, as well as of course GDP etc.

And pretty much most of them are reflected in the virtual world of the almightly auction house, or market board in this case.

You don't need all that to tell you that there is a credit freeze in place due to the housing collapse that is 2.1. (That's how severe it is when you can eyeball it and see a problem)

The PPI is easily shot, and the CPI drop like a rock. And if you tweak the calculation of what is considered GDP...it is a very troubling economy.

The biggest difference in virtual economies is that we have zero cost of living (we are immortal in the virtual world) and thus no debt calculations, nonetheless, indexes are still relevant in assessing economic functions or lackthereof.

White knights shouldn't try to use economics as a shield if they are not going to use "economics".

[Nysneirdre]

If SE actually when through and cleaned out the farming bots it would help a ton. Wipe out all their goods they are selling on the market as well. When a normal person can farm "x" amount of raw mats and a bot can farm "x^10" is the same amount of time, it's always going to crash the economy.

[Xystic]

White knights shouldn't try to use economics as a shield if they are not going to use "economics".

The fact I was labeled a white knight for being neutral on the situation without sufficient numbers is silly.

We understand the difference in virtual and in the real world. We shouldn't even be considering things like the cost of living~

Without numbers to support that the economy is crashing we can't say anything or support anything.

We know that if the overall gil in circulation maintains the same everyday but the prices of items drop. It tells us that gil distribution has been smeared out into the economy where as before it was funneled heavily in certain markets. Meaning players have to spread out their markets a bit to get gil.

If the overall gil in circulation everyday continues to drop as prices continue to drop. We can expect a crash. ATM, people see the price drops but what we don't know is that is the overall gil in circulation also dropping.

However we can't say one or the other without hard evidence. Meaning we can't be saying we want this and that change based on the fact that this is happening when it may or not actually be.

[Grefia]

I agree with making all dungeon gear non convertible. I am 50 all crafts.. I do use a lot of materia, but I've only requested meld from a few people over the course of leveling 3 different toons to 50. It is a pain to find someone who won't charge a small fortune to push a button, so for me it was easier to level all the crafts and do it myself. I personally don't care to run any more dungeons than I have to. And I'm sure there are many other players like me who won't be using dungeon gear. I've met quite a few.