As more and more people hit 60 and start hitting end game you will see prices rise. But im sure its awesome now.
Take advantage cause it wont last.
I don’t know wtf you’re talking about… and by that I mean I don’t know what argument you’re making or what you are trying to convince me.
He posted cheap golden scarabs at his server and expensive ones on a legacy server and said “Ha! see! Our econony is better because our scarabs are cheaper!”
I said no, it’s just newer. There are a large number of people farming scarabs on your server but no one to sell them to.
Large supply of scarabs + Low demand = cheaper scarabs
What exactly are you disagreeing with??
Ohya. I’m sure (and I agree to a point). It’s a natural thing. I just don’t think they’ll be as amazingly ridiculous as you’ll see on the Legacy Servers where gold duping was a thing and all the other items that cause millions of gold to be dumped into general circulation causing a massively broken economy.
I hear what you’re saying though sir.
Ever wondered why everything is getting so expensive? The Federal Reserve has been increasing the money supply, this is what causes inflation. Lower supply also causes prices to increase, that’s how it works, more money chasing fewer goods = inflation. The opposite would also be true, less money and more goods = deflation
Cool story bro, now read what I wrote and tell me specifically where I’m wrong
Why do people still believe gold duping still has an impact on legacy servers what
1 Like
Me: When supply is high, and demand is low, prices drop
Kartha: No man you don’t get it… when supply is high and demand is low, prices DROP
heres a graph
I never said it “still” has an impact. It just helped cause the issues you see with today’s legacy economy. I didn’t mean the duping is still ongoing. Although, to be fair, I don’t know if it is (or isn’t) still ongoing.
You’re getting things confused, it has more to do with the MONEY SUPPLY than anything else.
Will that change, of course but if AGS keeps a check on the duping, bots and amount of money companies can generate then prices would stay low
To be fair comapring one legacy server and one fresh start server in terms of economy (for me) doesn’t show much, as I think we should compare more ls economy with fss economy, as all servers might have different prices. depending on pop for example
The graph is showing MONEY SUPPLY, it has nothing to do with ITEM supply & demand
You, sir, are 100% correct buuuuuut… I’m not going to take the time (myself) to create characters on all the servers to compare everything. This post was more me just being thankful that AGS gave us an FSS that has both wonderful people and a fantastic economy that actually is working as it was intended to.
Now… to be 100% fair… if this isn’t going on, on other servers… I have no idea and can’t speak to that. I can only speak to the 2 servers I know.
You are talking about things that are completely irrelevant and it’s annoying. There’s nobody to sell scarabs to, there’s lots of scarabs, that’s why they are cheap on his server. The end.
2 Likes
But its correct too since there isnt as much moneys generated yet. money is overall more worth.
Most economists agree that high levels of INFLATION which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the MONEY SUPPLY
DEFLATION usually happens when supply is high (when excess production occurs, when demand is low (when consumption decreases), or when the MONEY SUPPLY decreases.
Can’t get any clearer than this, money supply is the biggest problem for economies and production/supply/demand make it worse.
I wouldn’t say that. People are averaging around 10-20k (so far) within the first few days of playing. Multiply that by all the people on the server (call it just 1k for easy math) and that’s 10,000,000 to 20,000,000 coin spread across all the players so far. And… this is just within a few days of playing only.
no, people are average 1000000 so far. Here is my proof.
Can you see I have all the data of every player here. non-existing numbers dont lie.
Because you’re trying to tell people that prices are low because you have allot of scarabs and little demand, that has NOTHING to do with it.
1000 scarabs 1000 gold available = 1 gold scarab
1000 scarabs 100000 gold available = 100 gold scarab
See how that works? The more gold that’s available the higher the price will go. Of course higher demand and lower supply will also increase prices, but ultimately the money supply is the driver of inflation
Not really sure what you mean. You also don’t have to take my word for it. Create a character yourself, log into Myrddin and ask in Global Chat how much coin everyone has on average. You’ll get the numbers I’m talking about.
If you want to take it a step further, play for 2-3 days and see how easy it is to get 10 to 20k yourself.
Or… you can just continue to troll here. Whichever you prefer sir. I honestly have no preference.
I asked, nobody answered. So hwo did you get your data from people?