ARR Gil Cap Reduction

[Raagnar]

Wealth is relative and different for each person so yes in a way they are removing wealth. And this isnt redenomination, there is no face value, there isnt different types of gil. 1 gil = 1 gil before and after 2.0 they are just removing it. You are just assuming ppl will follow suit and lower prices with you but as pointed out the rich will still be rich and dont care if you cant afford their asking price. And im not talking about stupid shit like raptor haunch. things worth while.. like melded gear, im still going to charge whats worth my time and not because they lowered gil costs from vendors.

And if its all the same and makes no difference then why so happy about it being done?

[Shougun]

Wealth is relative and different for each person so yes in a way they are removing wealth. And this isnt redenomination, there is no face value, there isnt different types of gil. 1 gil = 1 gil before and after 2.0 they are just removing it. You are just assuming ppl will follow suit and lower prices with you but as pointed out the rich will still be rich and dont care if you cant afford their asking price. And im not talking about stupid shit like raptor haunch. things worth while.. like melded gear, im still going to charge whats worth my time and not because they lowered gil costs from vendors.

And if its all the same and makes no difference then why so happy about it being done?

All npcs and quests have lowered rewards, your gil is worth a different value in 2.0. They have concentrated the power of the gil per unit of gil basically.

The prices may not jump down right away but it would be foolish to assume the same prices will maintain themselves (if there are no more gil making abuses of course..).

[Raagnar]

Don't assume I think they will stay exactly the same... what im trying to say is the player asking prices will not all be 1/10 and its foolish to think ppl will just automatically follow that rule of thumb. The rich will still get what they want for it and the lower ppl will still be complaining. This isnt changing anything but the total amount in circulation. Its pointless unless all they wanted was a lower number and to give ppl the feeling they are deleting their work.

[Shougun]

Don't assume I think they will stay exactly the same... what im trying to say is the player asking prices will not all be 1/10 and its foolish to think ppl will just automatically follow that rule of thumb. The rich will still get what they want for it and the lower ppl will still be complaining. This isnt changing anything but the total amount in circulation. Its pointless unless all they wanted was a lower number and to give ppl the feeling they are deleting their work.

Over time they would drop. Depending on how loot is in the game and what npcs sell that would also change things.

The rich will stay rich however (aside from bad decision making or a loss in play time they normally invest).

The main thing is that new players wont see the price of a level 60 double meld as 1 trillion and give up. Because there have been many gil exploits through the birth and rise (fall?) of FFXIV, the gil needs to be brought back down to reasonable looking numbers.

Also we could be truthfully losing or gaining money (in %) depending on how they built the economy for 2.0, so its hard to say if we got screwed or won. A straight redenomination however doesnt lose anyone money, just digits to look at.

[NoctisUmbra]

Don't assume I think they will stay exactly the same... what im trying to say is the player asking prices will not all be 1/10 and its foolish to think ppl will just automatically follow that rule of thumb. The rich will still get what they want for it and the lower ppl will still be complaining. This isnt changing anything but the total amount in circulation. Its pointless unless all they wanted was a lower number and to give ppl the feeling they are deleting their work.

They won't automatically follow some rule of thumb. It will happen gradually and inevitably. Nobody is gonna buy shit at the old prices that would be considered 10x overpriced. Even if some rich people don't care to drop it, others who want their shit to sell will. Thus, prices drop.

It's a pointless debate at this point. When 2.0 comes around and things all work out, you'll all get it then.

[darkstarpoet1]

Don't assume I think they will stay exactly the same... what im trying to say is the player asking prices will not all be 1/10 and its foolish to think ppl will just automatically follow that rule of thumb. The rich will still get what they want for it and the lower ppl will still be complaining. This isnt changing anything but the total amount in circulation. Its pointless unless all they wanted was a lower number and to give ppl the feeling they are deleting their work.

i wasn't lumping you in with that group. i was just expanding on your post. it is true that some items may drop to 10% of what it is now, but for the people thinking everything will drop to that rate is just fooling themselves. with lower overall gil in the game the more important items like shards/foods will see an increase in the percentage of return people expect to make off of them.

the prices on those type of items may drop, but they will not drop to that 10% of it's original price. that, in turn, leads to a higher profit on the investment even though the overall profits will be decreased.

[Shougun]

i wasn't lumping you in with that group. i was just expanding on your post. it is true that some items may drop to 10% of what it is now, but for the people thinking everything will drop to that rate is just fooling themselves. with lower overall gil in the game the more important items like shards/foods will see an increase in the percentage of return people expect to make off of them.

the prices on those type of items may drop, but they will not drop to that 10% of it's original price. that, in turn, leads to a higher profit on the investment even though the overall profits will be decreased.

That is only true assuming people are slow to adapt and that the rates of drops are worse then they were in 1.0.

Otherwise no, foods will go down in price too. The value of gil has been concentrated, only people who dont understand what the process SE has done will maintain the same price (or trying to trick fools into buying at the original price).

They are not magically going to sell for a larger % otherwise.

[darkstarpoet1]

Wealth is relative and different for each person so yes in a way they are removing wealth. And this isnt redenomination, there is no face value, there isnt different types of gil. 1 gil = 1 gil before and after 2.0 they are just removing it. You are just assuming ppl will follow suit and lower prices with you but as pointed out the rich will still be rich and dont care if you cant afford their asking price. And im not talking about stupid shit like raptor haunch. things worth while.. like melded gear, im still going to charge whats worth my time and not because they lowered gil costs from vendors.

And if its all the same and makes no difference then why so happy about it being done?

the only ones happy about it are the really poor people that spend everything they make as soon as they can. they look at someone with a few hundred million and think that it isn't fair because their 50 million doesn't compare to the 500 million someone else has.

they see 500,000,000 compared to their 50,000,000 and it looks bad, but 50,000,000 to their 5,000,000 seems like it's closer than what it really is.

the truth is if the prices don't drop to 10% of what it is now the rich will just continue to jump farther ahead because they are the ones selling the stuff already.