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Thread: RMT Solved

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  1. #11
    Player
    Pseudopsia's Avatar
    Join Date
    Mar 2011
    Location
    Limsa Lominsa
    Posts
    1,078
    Character
    Kare Ruhts
    World
    Gilgamesh
    Main Class
    Archer Lv 57
    I think one thing you need to understand is the problem with price controls.

    People who don't have an understanding of economics first reaction is to create a low price ceiling with the good intention of thinking everyone will now be able to afford items.

    This creates a problem with suppliers when the price ceiling is very low. If the price ceiling prevents a profit then the supplier will stop making that item and then there will be shortages.

    http://en.wikipedia.org/wiki/Price_ceiling
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    Last edited by Pseudopsia; 02-07-2014 at 12:09 AM.