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  1. #1
    Player
    viion's Avatar
    Join Date
    Mar 2011
    Location
    Uldah
    Posts
    4,206
    Character
    Sky Box
    World
    Ragnarok
    Main Class
    Marauder Lv 90
    Quote Originally Posted by NoctisUmbra View Post
    Incorrect.

    Prices will not balance at 10% exactly, yes, however the reason behind that has little to do with the redenomination, and more to do with the fact that the game will be drastically different - namely crafting/gathering.

    Essentially, if gil wasn't redenominated, prices would still fluctuate up and down by values of 20-30% or even more on some items anyway. Yoshi-P already pointed this out when he first announced the redenomination by mentioning how in ARR many items will be valued differently and suggesting people do not engage in future's trading by investing in certain materials or gear. Some things will gain value, others will lose.

    Redenomination will only have a psychological impact at first, which is a minor impact compared to the above. In such a closed market, all it takes is for people who realize they aren't losing any gil by putting things up for any price just above 10% to do just that and they forcefully undercut anyone who wants to keep prices high.

    So essentially, A being the redenomination and B being new DoH/L systems and item values, A and B are indepenant factors in ARR price balancing.
    Sorry but you are incorrect.

    The game will be drastically different, but you, nore even Yoshi knows all the gil intake amounts. They miss things, we find ways to earn and such. Crafting/Gathering is infact a lot easier now, so I am not sure what you're talking about with this.

    I feel like you're just going to try use redenomination as an excuse each time when it is irrelevant to user controlled situations.

    Because what you are talking about in a real world situation would have affected all products and services, HERE IT IS NOT.

    The price of X Sword in the Ward now will NOT be 1/10th in ARR, and it has HIGH chances it never will, There are so many arguments that prove this.

    This effectively means that the balance out rate remainder will be the lost value of your gil.

    It does not matter about HOW people get their Gil such, just know PEOPLE WILL.

    If you go into ARR with 1m and in 1 month you make it to 2m,
    Item at 10m goes to 5m but then goes to 3m before its being bought.

    You before COULD buy it, but now its balanced out at 30% of its original value, thus you lost 20% of the value of your gil, but you can earn it back easily enough in that the balance out rate hits much faster than the reduction of the price of an item.

    This is what you are not seeing, you are counting on the fact that people WILL be all nice and happy and sell stuff cheaper, you are counting on the fact that people some how think they will treasure their gil and disregarding that people NOW spend money on expensive stuff that causes 300-400% inflation of an item and they STILL purchase it for that amount.

    And finally you're counting (or forgetting) on that fact that gil will be SO DIFFICULT to obtain that general wealth will not increase. If an items in general, take x time to go down, but in that x time the general wealth increases by a certain amount, the balance rate hits much higher.

    You are all concentrating on the fact that things should deflate in price and ignoring inflation that balances it out. Undercutting will ONLY happen if there is a significant amount of that item, so it is a completely different parameter, look at some Materia lately, many will not be in lots of stock but the price went up and up and and up, in ARR it will go down and the "up" balances this out by reducing the amount it goes down to.

    Everyone knows there is too much money in the economy, everyone has way to much, and this 10% reduction is a way of removing a lot of it and hiding it behind reasons, and then applying a much slower growth rate. But there is still that, a growth!. (this is a good thing that we're being rid of Gil). It seems a lot of people are trying to put fairy dust reasoning behind the "no loss" to deny the fact that you will be losing Gil. It may not be much, it may only be 20-30% loss, but its still a loss never the less.
    (2)
    Last edited by viion; 10-08-2012 at 01:31 PM.

  2. #2
    Player
    Ferth's Avatar
    Join Date
    Jul 2011
    Location
    Uldah
    Posts
    1,329
    Character
    Ferth Fontaine
    World
    Hyperion
    Main Class
    Thaumaturge Lv 70
    Quote Originally Posted by viion View Post
    Sorry but you are incorrect.

    The game will be drastically different, but you, nore even Yoshi knows all the gil intake amounts. They miss things, we find ways to earn and such. Crafting/Gathering is infact a lot easier now, so I am not sure what you're talking about with this.

    I feel like you're just going to try use redenomination as an excuse each time when it is irrelevant to user controlled situations.

    Because what you are talking about in a real world situation would have affected all products and services, HERE IT IS NOT.

    The price of X Sword in the Ward now will NOT be 1/10th in ARR, and it has HIGH chances it never will, There are so many arguments that prove this.

    This effectively means that the balance out rate remainder will be the lost value of your gil.

    It does not matter about HOW people get their Gil such, just know PEOPLE WILL.

    If you go into ARR with 1m and in 1 month you make it to 2m,
    Item at 10m goes to 5m but then goes to 3m before its being bought.


    You before COULD buy it, but now its balanced out at 30% of its original value, thus you lost 20% of the value of your gil, but you can earn it back easily enough in that the balance out rate hits much faster than the reduction of the price of an item.

    This is what you are not seeing, you are counting on the fact that people WILL be all nice and happy and sell stuff cheaper, you are counting on the fact that people some how think they will treasure their gil and disregarding that people NOW spend money on expensive stuff that causes 300-400% inflation of an item and they STILL purchase it for that amount.

    You are all concentrating on the fact that things should deflate in price and ignoring inflation that balances it out. Undercutting will ONLY happen if there is a significant amount of that item, so it is a completely different parameter, look at some Materia lately, many will not be in lots of stock but the price went up and up and and up, in ARR it will go down and the "up" balances this out by reducing the amount it goes down to.
    I'm sorry... I can't seriously debate this with you because you aren't representing any real data. Your argument is basically "people are jerks, and shit will be expensive."

    But economics doesn't work that way. The only way for items to remain at inflated prices would be for one entity to have sole control over it's pricing. But since many people will be out there trying to sell their items the prices will stabilize at a reasonable price over time.

    That price might not be exactly 1/10th but the fear that it will be exorbitant in relative terms is unjustified. Prices are going to fluctuate regardless of redenomination. Hell, they are fluctuating right now and the redenomination hasn't even happened yet. Markets change. Prices fluctuate based on the supply of a given item compared to the demand for it.

    You are arguing from a standpoint as if you are being robbed but you aren't. No one is. BECAUSE WE WILL ALL HAVE THE SAME RELATIVE WEALTH WE HAD BEFORE THE REDENOMINATION. That doesn't mean I think prices are going to be absolutely the same relative to the new wealth... I can't even guarantee prices will be the same tomorrow as they are today.
    (3)