ARR Gil Cap Reduction

[Obsy]

Guys, I have a secret!




...no one is taking your money.

[Raldo]

I'm sure this won't help shed light onto the issue for those still in the dark, but I'll take a swing at it.

If you have $10, and a loaf of bread costs $1, then you have the monetary equivalent of ten loaves of bread.

If the government re-denominates your money so $10 now equals $1, then the loaf of bread now goes from $1 to $0.10. Your money is still worth ten loaves of bread, and thus, you've lost no equity. This gil re-denomination will not alter your net worth.

[TimonLoon]

If the government re-denominates your money so $10 now equals $1, then the loaf of bread now goes from $1 to $0.10. Your money is still worth ten loaves of bread, and thus, you've lost no equity. This gil re-denomination will not alter your net worth.

People like the big numbers because it makes them feel better about their <insert joke here>.

[CalypsoRose]

It definitely seems like a lot of people are missing the main point. It's not a PUNISHMENT to the wealthy simply an issue of small/big number aesthetic so gil and its' prices are being adjusted accordingly.

Will there be an awkward period with the Market Wards? Of course, but since gil will be unattainable is great amounts (like right now) the Market Wards should stabilize to match the reduction. As many have said before, old prices will be forced down eventually when people refuse to pay for them.

But yea...as for me, I really don't think this whole gil reduction will worry me. I'll be too busy exploring the new mechanics, content, job, etc rather than sitting around in town and complaining about where my money has gone.

[TimonLoon]

You guys are all making a great case for those of us that think "Rich people aren't rich because they're smart."

[Deakka]

You guys are all making a great case for those of us that think "Rich people aren't rich because they're smart."

To paraphrase from "Wall Street", Only about a 3rd of the wealth in this country is ever earned anymore. The other 3rd comes from inheritance, idiot sons and widows. And that last 3rd comes from us, the speculators, the traders...

With some people refusing to look at math, I'm assuming they got a pretty nice inheritance here in ffxiv.

[Issachar]

You guys are all making a great case for those of us that think "Rich people aren't rich because they're smart."

We're rich because while all of the little ones are playing with their calculators and theories, we know how things work.

Wait until 2.0 and you'll see. Then I'll look down and say "I told you so." But while you sit and gawk at how wrong you were, the moneymakers will be selling you goods at 200-300% of their current worth to line our pockets with gelt.

Yoshida is naive to think that nothing will change except where a decimel point lays.

[Duuude007]

Wait until 2.0 and you'll see. Then I'll look down and say "I told you so." But while you sit and gawk at how wrong you were, the moneymakers will be selling you goods at 200-300% of their current worth to line our pockets with gelt.

Um, they sell double bound sarngas for 45 mil. right now. Is that what they are worth?

People sell stuff at a price people are willing to buy. If they don't buy, the price will inevitably drop.

[TimonLoon]

Um, they sell double bound sarngas for 45 mil. right now. Is that what they are worth?

People sell stuff at a price people are willing to buy. If they don't buy, the price will inevitably drop.

Yep. And that will drop to about 3-4m. Maybe less depending on demand. Unless some total idiot buys for 7-9m. lol

HAY GUYS LEMME USE MY ENTIRE PURCHASING POWER TO BUY THIS ITEM!!!

^ You know who does that? Nobody that's who.

[Enri]

I agree with you there. The money i made killing mobs and doing leves must be up to, what? 6kk the most (up until I learnt how much more money I could make with the AH). I've got 100kk at the moment, and guess what? I didn't make it buying and selling things to NPCs.

.NPCs buy things at low price
.NPC sell things at higher prices
What do you do? -> Make money at the Auction House
And guess what? Items at the AH won't have a 10% discount

This change will affect the money we have and the NPCs
The AH wont change much

And the way things are going, seems like SE wants to make making gil even more difficult (like in FFXI)

So don't fool yourselves, because dropping 10% means its going to be a lot harder to make money