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  1. #11
    Player
    Bishop81's Avatar
    Join Date
    Nov 2014
    Posts
    806
    Character
    Eldon Pierce
    World
    Behemoth
    Main Class
    Summoner Lv 60
    Quote Originally Posted by tocsin View Post
    I actually play it because its fun. I'm not sure why you do though.

    and the reasoning why current countries are not tied to the gold standard is because the rise of debt in world economies has led to countries having to print money to cover their own costs. this inflated money, and the elimination of the gold standard allowed for countries to print more money without requiring it be backed by anything.

    bad politics aside, SE doesnt have in game dbts, so a gold standard can work in game. EVE online does it, and has one of the strongest economies of any game out there. We arent the size or quality of EVE, as FFXIV is an inferior game in terms of economic quality and server density, however the method still applies.
    I play it for fun too.

    But what fun is there if the playing field isn't somewhat level. Do you think a scrawny 14 year old who is just learning the ropes will have fun fighting against Mike Tyson in his prime?

    RL rich people will be the Mike Tysons of this game's economy.

    You also forgot to mention gold backed money isn't 100% stable either, discovery of gold deposits will upset the value.

    Technically all money is fiat money, even gold ... which is way over valued given it's utility to man. Money has no intrinsic value. Money is just a promise to pay in goods and services. The US dollar is backed by the capacity of the USA to produce goods and services of value.
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    Last edited by Bishop81; 12-12-2014 at 01:29 PM.