Unified currency

[Silentweapon]

Maki,

What they are doing is against the international law of one price, and if it is not fixed soon, it would not surprise me, if they will have a major class action law suit against them for this. I have always loved SE's Final Fantasy products and been a loyal customer since 1988, so for their own sake, I hope they fix it. Here is the quote and the link to where more information about this law can be found, or you guys can conduct your own Google search about this matter.

http://www.wwnorton.com/college/econ...9/summary.aspx

The law of one price implies that the exchange rate times the domestic price must equal the foreign price.
Units on the exchange rate are foreign currency per domestic currency.

Kind Regards,
Silent Weapon (www.illuminati.guildwork.com)

[Catapult]

Maki,

What they are doing is against the international law of one price, and if it is not fixed soon, it would not surprise me, if they will have a major class action law suit against them for this. I have always loved SE's Final Fantasy products and been a loyal customer since 1988, so for their own sake, I hope they fix it. Here is the quote and the link to where more information about this law can be found, or you guys can conduct your own Google search about this matter.

http://www.wwnorton.com/college/econ...9/summary.aspx

The law of one price implies that the exchange rate times the domestic price must equal the foreign price.
Units on the exchange rate are foreign currency per domestic currency.

Kind Regards,
Silent Weapon (www.illuminati.guildwork.com)

This would be the case if she is importing from the United States of America, but since her SE account has set her up to engage in a local transaction, the principles of international trade and exchange no longer apply. Prices are then set by local market accounting decisions with respect to the local consumer.

[Eunys]

Maki,

What they are doing is against the international law of one price, and if it is not fixed soon, it would not surprise me, if they will have a major class action law suit against them for this. I have always loved SE's Final Fantasy products and been a loyal customer since 1988, so for their own sake, I hope they fix it. Here is the quote and the link to where more information about this law can be found, or you guys can conduct your own Google search about this matter.

http://www.wwnorton.com/college/econ...9/summary.aspx

The law of one price implies that the exchange rate times the domestic price must equal the foreign price.
Units on the exchange rate are foreign currency per domestic currency.

Kind Regards,
Silent Weapon (www.illuminati.guildwork.com)

It would help if you understood what you are posting. This in no way ties to what is going on here. What is happening is crap and nobody will deny that, but because there are no laws on digital access rights, the companies like SE and other online access services can get away with it.

[Delsus]

It would help if you understood what you are posting. This in no way ties to what is going on here. What is happening is crap and nobody will deny that, but because there are no laws on digital access rights, the companies like SE and other online access services can get away with it.

Americans dont think its crap because as I posted earlier they are infact paying less (when converted into yen, which is the ultimate currency SE uses for the game because it is based in Japan)

[Eunys]

Americans dont think its crap because as I posted earlier they are infact paying less (when converted into yen, which is the ultimate currency SE uses for the game because it is based in Japan)

Yawn... Taking a few individuals, and associating them with all Americans.

[Silentweapon]

It would help if you understood what you are posting. This in no way ties to what is going on here. What is happening is crap and nobody will deny that, but because there are no laws on digital access rights, the companies like SE and other online access services can get away with it.

Here is to help you understand

The fact of the matter is that he is quoted to pay in US $, not in Euros. If you have ever traveled abroad and used your credit card, you would obviously know that: There is always an option to pay in local currency or in you CC's home currency; the exchange rate is adjusted by your bank, and the CC processing company, based on the current exchange rates.
It's as simple as the following example: Let's say $1 US = 1 Euro, and you get quoted to pay $50,000 US in 5 month. Five months passes and in this example the Euro currency falls to $1 US = 0.5 Euro. The total amount you owe would be 100,000 Euro, if that's the currency you chose to pay with. No matter how you go about it you would still owe $50,000 US.
It's really simple and with elementary math should not be hard to understand.

[Yumi_Hibiki]

the physical good comparison might be a bad example here but that doesn't change that it is still common practice that you cant fight, Steam, PSN, Xboxlive, and so on do the exact same thing because they can
and they will continue to do so because hey its free money, and who doesn't like free money

[Coglin]

Another SE'ism. That is really all I can say. Any other company would have their act together on this. It is unreal.

Hi SE dropped the ball on something important to customers. It wont be the last time and it certainly isnt the first.

Now I am okay if people have issues with aspects of the game. I am okay if people have issues with particular aspect of the game. What I take issue with is when people display blatent stupidity in this manner and attempt to make it appear as if they way SE is chargeing is unique to them and them alone. I would like to think these two are not stupid enough to belive that is the case.

To everyone else attepting to make an issue of the fees from, for example Europe to the US, none of you are making sense.

What is your income as an individual in Europe? What would that income be in the US for the exact same job? Does and individual in the US doing your job make more then you if you include the exchange rate?

You have no idea what the income differential is on average do you?

Your not paid in US dollars, but you want to pay for things in US dollars?

All of you folks want to talk about exchange rates on the price, but not the individual income, tax rate, or everything else that factors in?

If I pay more taxes then those in Europe, then I get a discount based on the percentage variable of the various rates of tax right? And I get that tax related discount off of the lowest echange rate value on the market amount all of the currence SE accepts right?

No, because various laws for there billing vary from country to country, but you guys fail to aknowledge that, or take it into account in your flawed attept to use this as some lame attempt to save a sterling.

[MakiMakaa]

The thing is, those services advertise with exactly the currency you will be paying. On lodestone I'm being told I pay $9,99 for 1 month of subscribing, yet I have to pay €9,99 when I arrive at the payment screen. That is false advertising right there.

[Jennestia]

The thing is, those services advertise with exactly the currency you will be paying. On lodestone I'm being told I pay $9,99 for 1 month of subscribing, yet I have to pay €9,99 when I arrive at the payment screen. That is false advertising right there.

Not exactly, I believe it was stated to be an error if it displays USD for european users with all proper settings in place, the SE account system information is the correct information (where you actually do payments.)