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scholar
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Old 05-31-2010, 05:50 AM

Hm, I guess that if Gaia created more of a gold sink instead of making everything purchasable by cash, things would improve. I don't know if they still have an economist on staff, but they did a year ago, some Ph.D. student. I don't think much of him, I confess, if it's gotten this bad and he's still working for them.

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Old 05-31-2010, 05:52 AM

I agree Anime. I think what you're saying makes much more sense than what they are doing with Gaia

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Old 05-31-2010, 05:53 AM

That so call economist are no good. Most of the users know better than him.
The main reason be, he is an economist in real world. But Gaia is different. Age gap is different. Psychology different. The need to survive are not as hard as real world.

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Old 05-31-2010, 05:54 AM

@Xuv: May I question what are the two things in your signature?

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Old 05-31-2010, 05:55 AM

What 2 things? One is my luffly chibi blinking and another is showing my status which is stealing now. Onion emoticon is just so cute~!

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Old 05-31-2010, 05:56 AM

Oh Okay. I wasnt really sure what the two things were. :) Im easily confused. lol

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Old 05-31-2010, 05:57 AM

What can you confuse them with? I don't understand... DX

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Old 05-31-2010, 05:57 AM

Ello again Gaskets <3

scholar
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Old 05-31-2010, 05:59 AM

Hi Seridano! Your avi has changed even over the evening.

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Old 05-31-2010, 06:00 AM

Yep yep, thought I'd do something different tonight.

scholar
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Old 05-31-2010, 06:02 AM

Aaaand it's different again!

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Old 05-31-2010, 06:02 AM

Wasn't done fixing it yet. Done now. xD

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Old 05-31-2010, 06:03 AM

Seri, your neck scruff kinda looks like a fuzzy black wing to me, awesome.

...or maybe I'm just tired. :lol:

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Old 05-31-2010, 06:05 AM

Hammy! And sorta....looks like it might be a wing growing there...it was the best I could do without having any of the wingy items. ^.^;

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Old 05-31-2010, 06:07 AM

Lookin good, Seri! ;)

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Old 05-31-2010, 06:09 AM

Thanks demo and same to you. You look like technology overgrown with nature and it's lufferly.

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Old 05-31-2010, 06:12 AM

anime is too distracting...

scholar
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Old 05-31-2010, 06:15 AM

I assume you're not using a nickname for me, but are watching something?

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Old 05-31-2010, 06:16 AM

@Xuv: maybe i wasn't confused, i just didnt know what they were.

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Old 05-31-2010, 06:21 AM

By having a banking system which offers interest, you create a quantity of money which is not available to be spent on the market. Inflation is caused when more money is offered for goods and services which no incentive not to spend the money. In other words, the only for making money on Gaia is to spend it; there are no controls on the spending and no reason to not spend the money.

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Old 05-31-2010, 06:25 AM

offers interest?

scholar
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Old 05-31-2010, 06:27 AM

Let's say you invest your money in some invented Gaia thing, like a Towns feature, and it gives you a 3% interest -- that means you're not going to spend the amount you invested on a single item. Gaia gives no incentive to save.

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Old 05-31-2010, 06:27 AM

Interest is an amount based on a specific percentage of the whole--in this case gaia gold. In the real world, banks in the US pay interest to people who put money in the bank (Savings Accounts) and charge interest for people for money that they borrow money from the bank (Loans).

I hope that helps. ^^:

Last edited by Urbeth; 05-31-2010 at 06:29 AM..

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Old 05-31-2010, 06:28 AM

@Urbeth: I LOVE YOUR AVIE!!!
just thought I'd let you know it's beautfiul!

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Old 05-31-2010, 06:28 AM

Thank you! ^^ It's kind of an older one that I modified a little.

 


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