Economy in ARR will not be the same due to the 90% gil loss

[Delsus]

I don't think anyone noticed this but I think the OP is a high school drop out that would have failed maths anyway, the reps have said one digit will be knocked of and mentioned 1/10th reduction in prices and player gil. Now to me this doesn't seem like a 90% gil loss, it seems more like a 10% gil loss.

Dumb troll.

[Searious]

I don't think anyone noticed this but I think the OP is a high school drop out that would have failed maths anyway, the reps have said one digit will be knocked of and mentioned 1/10th reduction in prices and player gil. Now to me this doesn't seem like a 90% gil loss, it seems more like a 10% gil loss.

Dumb troll.

It is a loss in gil if items sold by other players don't drop to exactly 1/10 as well. Which they problem won't. Even if they drop to a point where they're "affordable" but they aren't at 1/10 then we're paying more than we would have in 1.0.

[Alhanelem]

It is a loss in gil if items sold by other players don't drop to exactly 1/10 as well. Which they problem won't. Even if they drop to a point where they're "affordable" but they aren't at 1/10 then we're paying more than we would have in 1.0.

Some will drop below, some will not. It depends a lot more on supply and demand in 2.0's economy and depends very little on player ass-hattery.

Everything will balance out in the long run. If things get and stay more expensive than they should be, people won't find a market for their stuff and the economy will starve itself until prices return to where the should be. In the long run none of this matters and these sorts of things would happen even if we didn't undergo redenomination- There are a lot of potential economic shifts coming in 2.0- items that are no longer obtainable, consumables that are removed from the game, new items, etc that will result in changing market forces.

Any price problems will be temporary and correct them over time. Being cynical about it doesn't help anything.

[Duuude007]

It is a loss in gil if items sold by other players don't drop to exactly 1/10 as well. Which they problem won't. Even if they drop to a point where they're "affordable" but they aren't at 1/10 then we're paying more than we would have in 1.0.

This has nothing to do with the gil relabling, and entirely to do with the whims of a free market. People will pricegouge and undercut in ARR, just like they do today.

[KaplanHomahru]

It is a loss in gil if items sold by other players don't drop to exactly 1/10 as well. Which they problem won't. Even if they drop to a point where they're "affordable" but they aren't at 1/10 then we're paying more than we would have in 1.0.

You do realize this has nothing to do with the gil redenomination and instead is the result of players already having gil and items when the market launches? Are you trying to tell me that if they weren't doing this change players would just price everything the way they were in 1.0? You don't think that since they already had the items and gil to play the empty market they would jack prices up? The gil change = no effect. People trying to make money = what you are talking about. It would happen anyway

[Felis]

It is a loss in gil if items sold by other players don't drop to exactly 1/10 as well. Which they problem won't. Even if they drop to a point where they're "affordable" but they aren't at 1/10 then we're paying more than we would have in 1.0.

You guys forget that the 2.0 market would be a new market with new prices. With or not with the 1/10 reductions, the prices will change.

example: LTW need Alumen for every leather they craft. So the demand is high. But a miner can find Alumen almost everywhere, so the supply is very high. Because of that the price is low. But what if SE reduce the places where a gatherer can find Alumen, the supply decrease and the demand remains? The price increases.

Where the hell are you getting at that we are losing 90% of our gil...

You miss read what he meant... He said 1/10......

That means everything is being adjusted by to10% not 90%

Just to make it even more understanding for you to know..... if the Price of a sword is 1k Gil in 1.0.... then in 2.0 the cost of the sword will be 9 100 Gil.....

fixed it a bit

[darkstarpoet1]

I don't think anyone noticed this but I think the OP is a high school drop out that would have failed maths anyway, the reps have said one digit will be knocked of and mentioned 1/10th reduction in prices and player gil. Now to me this doesn't seem like a 90% gil loss, it seems more like a 10% gil loss.

Dumb troll.

hmmm let me check your math since you like calling someone a fool.

you have 100 now and it drops to 10 how much did you lose? 90

now, that being said, you are not losing anything since everything is going to be reduced by that amount, but to call someone out for bad math isn't a good idea when yours does not add up. what they did was nothing more than remove the common denominator and used 10 as its reference. it's like saying 10/100 is the same as 1/10.