Welcome to Gaia! ::

wheee ... impossi-quessting for an angelic pendant o.0 *tosses dice*

I wish you guys saw the light >.>
This isn't Anti-Inflation, this is Artificial-Inflation.

Say this Union actually goes somewhere, and keeps the price stable at 30k.
What if the Union runs out?
Are you going to buy the more expensive ones, to sell at a loss?
I doubt that.
All you're doing is promoting inflation.

Its gonna be SO awesome .. were having a big old masquerade ... and all the organizations involved with the plots, and were hoping 12 will come .. cause he all still here and ... ... ... ... well anyone interested in coming? ...

HAHHAHAHA!
That just made me laugh.
Those who guy by tektek are stupid. Tektek is only useful for trending, and spotting AI talk2hand
Search G Pin in tektek. It says 12.5k.
In reality, it's worth 50k.
talk2hand

I have to disagree.


Live with it. Questers dream of the day when they happen to come across a good deal in the MP for what they are questing. Back when I got my coco (aaages ago when newbs could actually afford it) I scoured the marketplace a couple times a day, hoping that someone would happen to make a mistake in the price when they put it up, or were just feeling nice that day. It's the same in real life. Say you make a big purchase then it goes on sale a week or two later. You're upset, but you live with it. No one can tell the future, you can guess at it and act accordingly, but you just have to live with what it gives you.

True. But Gaia is not the real world: sure, it follows some of the same rules, but not to the same extent as the real world does. Since Gaia is not the real world, does it not follow that Gaia could actually be made to be either better or worse than the real world, depending upon how gaians act within it?

For example: some of the inflation on gaia is at a rate that either rivals or beats the rate that would be experienced in a full-blown Depression. Other times, the deflation on gaia beats the worst recession. This exaggerated economic behaviour is a direct result of gaian actions within gaia. If gaians can effect such great influence on the economy, does it not also stand to reason that gaians could also act in such a way to dampen this same economic behaviour?


No it doesn't. It just sets things in that Bleh area that happens to fall in the middle. It won't make the rest of the angelbow sellers happy because as time goes on, the demand will rise, but you will force them to keep their prices down. And who's to say when and how much you change the price? Too high, too low, someone is bound to be upset. And this won't keep the buyers happy because it'll force them to compete with you for snatching up the cheap ones when they come on the market.

I did not mean to imply that buyers and sellers would be overjoyed by a fixed union price. What I had meant to say was that both would be reasonably satisfied (thus happy) with the situation if the price didn't drop (sellers) and the price didn't inflate (buyers).
Your point about the supply vs. demand is valid, and my previous point (from another post) regarding a negotiated new union price would probably be used by you to show that no, we are not keeping the price truly constant.

We are attempting to keep the price as constant as possible.

And though someone has already made the argument "why bother if it's not going to be forever", my response is that nothing lasts forever. Pencils eventually run out, so why buy them? Clothes wear out eventually. Even buildings are eventually torn down and replaced, but we keep making them because they serve a purpose while they still exist, and I believe that this union follows the same principle.

Another analogy: groceries. Back in the day, a kg of apples might have cost 5 cents. Now it costs more around the $4 mark due to a gradual inflation that came in slowly. There is also a possibility that apples may suddenly jump in price to $6/kg, or drop to $3/kg, depending on the week. Say you happened to need apples for a recipe and that on that particular week apples happened to be $6/kg. You wouldn't be happy.
Wouldn't it be nice to not have to worry about buying things on special and just buying collectables whenever you have the gold, rather than hoping and making bets on whether the item will one day drop to something you can afford or purchasing the item only to find that you could have waited a little longer and save a few gold?

What this union attempts to do is nullify the effect of temporary spikes and troughs so that the price one week is pretty much the same price another week. Sure, it makes the marketplace a little boring if it works, but I for one prefer boredom to frustration.


No one has addressed this point yet. It's a valid one. I saw it happen with BTK's a while back.

My previous point, I think, makes it clear that this is not artificial inflation. This is setting an average price (higher than the current lowest, and lower than the current highest) for an item.
With a large enough union, it would be possible to purchase the excess of items and gradually sell them back at the union price. Another point is that such a glut of items is short-term. In the long term, as more people join gaia, demand will always overtake supply. I hope that other people who are either for or against the idea of the union understand that the union is a long term thing, not something for short term gain.

My main concern, at this point, is the fact that eventually the demand would overtake supply too quickly and force an increase in the union price prematurely.


You must live outside the US. Around here we call them monopolies. And no, it's not fair for a bunch of rich people to get together and decide to raise the demand for everyone else.

And you must be a player of WOW (world of warcraft) where the "10 billion club" actually does that kind of thing. For this point, I would like to mention a person on page 12 or 13 who wanted into the union: she only has 10k. I'm not sure at this stage how we would work with members like her, but this shows that the union is not just for the ultra-rich.


Valid point.

Except you're completely wrong. Have you ever been to the marketplace? People do set things out at above the average price. Look up absolutely anything in there and you'll see it.

Just because people do set things at above the MP price doesn't mean that those items sell just as often as the cheaper ones. As a buyer, I think I'd be more likely to purchase the cheaper option.


Quit being petulant. No one cares what classes you are taking, this is Gaia.

Yes, this is Gaia: as long as you make an intelligent, polite argument it doesn't matter what classes you may or may not take.



Then what on earth is the point?! Prices stabilize on their own in the short term, save a bit of fluctuation. You said the problem was keeping the prices from inflating. This is a long term effect, and this union cannot 'fix' that.

As I said before:

Quote:

And though someone has already made the argument "why bother if it's not going to be forever", my response is that nothing lasts forever. Pencils eventually run out, so why buy them? Clothes wear out eventually. Even buildings are eventually torn down and replaced, but we keep making them because they serve a purpose while they still exist, and I believe that this union follows the same principle.

Another analogy: groceries. Back in the day, a kg of apples might have cost 5 cents. Now it costs more around the $4 mark due to a gradual inflation that came in slowly. There is also a possibility that apples may suddenly jump in price to $6/kg, or drop to $3/kg, depending on the week. Say you happened to need apples for a recipe and that on that particular week apples happened to be $6/kg. You wouldn't be happy.
Wouldn't it be nice to not have to worry about buying things on special and just buying collectables whenever you have the gold, rather than hoping and making bets on whether the item will one day drop to something you can afford or purchasing the item only to find that you could have waited a little longer and save a few gold?

What this union attempts to do is nullify the effect of temporary spikes and troughs so that the price one week is pretty much the same price another week. Sure, it makes the marketplace a little boring if it works, but I for one prefer boredom to frustration.

I know it's a long post, I'm an EDer at heart, but I whole-heartedly disagree with this idea.