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  1. #1
    Player Tiggy's Avatar
    Join Date
    Aug 2013
    Posts
    2,645
    Character
    Tiggy Te'al
    World
    Balmung
    Main Class
    Marauder Lv 53
    Quote Originally Posted by axemtitanium View Post
    Did you actually read the rest of my post, or did your ego get so bruised by my first sentence that you ran first thing to Wikipedia to the safe nurturing embrace of an encyclopedia than anyone can edit?
    I read every word. Did you have a such a problem with the response that you have to swing back to insults? You don't understand inflation in it's fullest. What I posted shows that. Accept it and move to a better argument. Lashing out at me won't edit that page and change that aspect of inflation.

    Quote Originally Posted by axemtitanium View Post
    Wikipedia to the safe nurturing embrace of an encyclopedia than anyone can edit?
    That doesn't make what it said in that quote any less accurate. You're just saying that as scapegoat because you don't want to accept it.

    Let's go further shall we? How about Forbes?

    http://www.forbes.com/sites/johnthar...ses-inflation/

    Inflation is simply a rise in the average price of goods and services in the macroeconomy. Which particular goods and services depends on the measure we are examining. Consumer price inflation is the one usually in the news, and it takes a weighted average of various items purchased by the typical household (the list being determined by survey and then updated periodically). The average can rise while some prices have actually fallen, and how much it reflects your personal situation is a function of how closely the basket of goods and services in the index matches your buying patterns. But, the bottom line is that we say that inflation has occurred when the average price of those goods and services has increased.
    So it seems it's not just the wiki that understands inflation isn't just about minting money. It's literally about the price of goods and services increased. Lowering our buying power.

    Whew. It's a good thing more places exist in the world as references other than Wiki right. Or are you going to lash out at forbes now?

    For everyone else. That article was a pretty good read. I recommend it. He goes on to detail other inflation causes other than minted money.
    (4)
    Last edited by Tiggy; 03-06-2015 at 02:07 AM.

  2. #2
    Player
    Bishop81's Avatar
    Join Date
    Nov 2014
    Posts
    806
    Character
    Eldon Pierce
    World
    Behemoth
    Main Class
    Summoner Lv 60
    I wonder if you have actually read the article you linked. Most of it doesn't apply in the game.

    Slight inflation is harmless. It's part and parcel of the operation of the market - prices go up and down; get use to it.

    But that's not what most people mean when they say "inflation" in a causal context. Run away inflation will destroy an economy, but that's won't be the kind of inflation you get when you introduce a PLEX type system.

    Gil farmers who farm gil non-stop flooding the economy with gil, making things crazy expensive to buy (without buying gil) is what will kill a game. PLEX introduces zero gil to the economy, ergo, this won't happen.

    I noticed you also haven't answer my previous post,

    Say they introduce a new ore, and the ore is need for new popular weapons. New ore will be in high demand. Some players stop mining old ore [1] and mine new ore. Old ore price increases due to lower supply.

    [1] Note, I didn't say what the old ore is used for. But say it's used only for making potions and nothing else.
    This will cause prices to raise too. Is that "inflation"? Should SE never add anything new because people might stop gathering old mats and resulting in increased prices?
    (3)
    Last edited by Bishop81; 03-06-2015 at 04:01 AM.