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  1. #1
    Player
    Duuude007's Avatar
    Join Date
    Mar 2011
    Location
    Gridania
    Posts
    2,954
    Character
    Duuude Bismarck
    World
    Hyperion
    Main Class
    Armorer Lv 80
    Quote Originally Posted by Dubont View Post
    You act as if this redenomination is the only thing that would drive the price on goods down. You know, here in the US, the value of a dollar went down. Did the price on goods go down? NOPE. They went up.
    What you are challenging as redenomination is exactly the opposite.

    Inflation: Value of dollar drops, so the quantity of dollars must be increased in order to purchase the same goods.

    Deflation (can be artificially created through redenomination): Value of dollar increases drastically, so number of dollars needed to purchase the same goods is reduced.
    (7)

  2. #2
    Player
    Orophin's Avatar
    Join Date
    Mar 2011
    Location
    Limsa Lominsa
    Posts
    3,446
    Character
    Orophin Calmcacil
    World
    Excalibur
    Main Class
    Gladiator Lv 50
    Quote Originally Posted by Deakka View Post
    For those who are afraid of prices remaining at 1.0 levels, this is likely the scenario:

    Gillionaire hoards crafting materials in order to amass profit come 2.0

    Gillionaire, upon 2.0 release, sets the "standard" prices as they were in 1.0 or higher

    New player #1 enters the game. Sadly he's a bit new, so he thinks market prices are the true value of an item

    New player #1 pays the current market rate, providing Gillionaire a sizeable profit (in terms of constant currency).
    Except, ya know, New player #1 isn't going to have the money amassed to pay what things used to cost. Market history is probably going to be wiped anyway, so you'd have to actually track all the old prices of everything and HOPE someone buys things at the exorbitant rates.

    Real scenario is veteran player hoards materials and dominates the market early on, albeit at a much smaller value than 1.0, until others contribute to the market where competition will then occur and prices will shift to a realistic number.

    I think as Yoshi-P pointed out, the best thing you can do with your money right now is nothing. Keep amassing it, because the more you have now, the more you'll still have in 2.0. I have 10 million right now. If I make it to 20 million before Nov 1st, I'll have 2 mil instead of 1 mil in 2.0.
    (0)
    Last edited by Orophin; 09-19-2012 at 07:53 AM.

  3. #3
    Player
    NoctisUmbra's Avatar
    Join Date
    Mar 2011
    Posts
    2,546
    Character
    Noctis Umbra
    World
    Excalibur
    Main Class
    Pugilist Lv 50
    Quote Originally Posted by Duuude007 View Post
    What you are challenging as redenomination is exactly the opposite.

    Inflation: Value of dollar drops, so the quantity of dollars must be increased in order to purchase the same goods.

    Deflation (can be artificially created through redenomination): Value of dollar increases drastically, so number of dollars needed to purchase the same goods is reduced.
    Like medicine for my brain after reading through Dubont's posts.
    (5)

  4. #4
    Player
    Dubont's Avatar
    Join Date
    Mar 2011
    Location
    Ul'dah
    Posts
    1,430
    Character
    Dubont Matteus
    World
    Midgardsormr
    Main Class
    Dark Knight Lv 100
    Quote Originally Posted by NoctisUmbra View Post
    Like medicine for my brain after reading through Dubont's posts.
    Nice sig. I'm going to ask that you change it though
    (0)
    Healer strike is ridiculously foolish and accomplishes nothing

  5. #5
    Player
    Ferth's Avatar
    Join Date
    Jul 2011
    Location
    Uldah
    Posts
    1,329
    Character
    Ferth Fontaine
    World
    Hyperion
    Main Class
    Thaumaturge Lv 70
    Quote Originally Posted by Dubont View Post
    Nice sig. I'm going to ask that you change it though
    The we're going to have to ask you to stop being an idiot.
    (8)

  6. #6
    Player
    Dubont's Avatar
    Join Date
    Mar 2011
    Location
    Ul'dah
    Posts
    1,430
    Character
    Dubont Matteus
    World
    Midgardsormr
    Main Class
    Dark Knight Lv 100
    Quote Originally Posted by Ferth View Post
    The we're going to have to ask you to stop being an idiot.
    I'm not the idiot here. I've seen these markets since launch. Nothing has changed and I doubt that it will change at 2.0. My statement still stands. Though, thanks for showing me that the majority of players in this game are about the same level of intelligence as WoW players.
    (0)
    Healer strike is ridiculously foolish and accomplishes nothing