- Joined
- Jul 2, 2012
- Messages
- 3,024
- Reaction score
- 7,041
- Points
- 0
- Age
- 31
- Location
- United States, East Coast
Lotta players don't understand the concept of Inflation and Currency here. Let me enlighten you a little.
Inflation - The decrease in value of a currency. Results in rising prices across the board, and often in rising incomes. It can be both good (higher income = more spending) or bad (high prices = less buying).
Deflation - The increase in value of a currency. Results in lower prices across the board, and can result in large-scale job loss. It can be good (decreased prices = more buying) or bad (less jobs = less spending).
Right now, MassiveCraft has a seriously deflated currency. Regals are worth a great deal. Alternately, items aren't worth the time it takes to craft them. This is due to the money sinks (faction taxes, Regalian Houses, /fix, and players who's shops sell but who never spend) in an economy where money sources are fairly limited (voting, darkrooming, some questing) and time consuming.
I honestly want to know why players like @jes_ and staff like @Omnomivore want to further deflate the Regal. The result of such will be even lower prices and even less spending and overall economic activity. Why is it that you seek to do so?
~ A Very Confused Individual
Inflation - The decrease in value of a currency. Results in rising prices across the board, and often in rising incomes. It can be both good (higher income = more spending) or bad (high prices = less buying).
Deflation - The increase in value of a currency. Results in lower prices across the board, and can result in large-scale job loss. It can be good (decreased prices = more buying) or bad (less jobs = less spending).
Right now, MassiveCraft has a seriously deflated currency. Regals are worth a great deal. Alternately, items aren't worth the time it takes to craft them. This is due to the money sinks (faction taxes, Regalian Houses, /fix, and players who's shops sell but who never spend) in an economy where money sources are fairly limited (voting, darkrooming, some questing) and time consuming.
I honestly want to know why players like @jes_ and staff like @Omnomivore want to further deflate the Regal. The result of such will be even lower prices and even less spending and overall economic activity. Why is it that you seek to do so?
~ A Very Confused Individual