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Cora 02-02-2011 08:25 PM

@Poet- I'm an 08 member and I will say that inflation on mene is really not all that bad. If you compare it to gaia....where the CI's originally went for 8k ish and now go for some odd 200k ish.......Gaia thrives on inflation....mene does not. I actually think some items aught to have inflated more.

PWEEP 02-02-2011 10:04 PM

I remember a moderator/AA saying somewhere that natural inflation is good. But artificial inflation is not. Gaia does that a lot, purposely inflate items. That doesn't happen here though :heart:

The Wandering Poet 02-03-2011 05:40 PM

@ Cora - What I mean is that the value of posting is outweighed by the value of games and other methods of gold gain. Items are starting at 1k when they used to be at 200g, and while we got cap increased to 30g, and you get a bit more from posts, you can make money off games faster.

jellysundae 02-03-2011 07:06 PM

The problem here is that people in the exchange refuse to pay more for things, so prices stagnate. Even natural inflation doesn't exist on here because exchangers just won't buy something unless it sticks rigidly to past prices shown in the price guide.

I'm entirely baffled as to where this extremely perculiar mindset sprang from, because it's not natural at all.

Cora 02-03-2011 11:10 PM

@Jelly- Its actually quite curious to me as well. I mean....past items have alittle inflate to them but not much....and it really does come down to the stubborness of the exchangers. Do they realize things are SUPPOSED to inflate. *shrugs* I'd rather under inflation then over inflation.

Hatake Ayumi 02-04-2011 12:03 AM

Which is why Barty prices items the way he does, I try to do the sameish. But people stare at the price guide and go "that's the rule, why aren't you following it?" so meh. People just need to learn a bit about economy.

kittykondos 02-04-2011 09:44 PM

I what I do not understand still is what do you all mean by inflation?? I am still quite foggy on what exactly this is. Like I really have no idea.

And I have something to say that may just be very contraversal but please let me say it. Menewsha, whether you agree or not, is indeed just a game. It is not real and the money on here has no ecnomy. The money you get is just fake, along with the items you buy. Just thought I would state this since a lot of you are talking like this isa real important matter, when really it is just a game.

Therefore if you increased the game gold limit of lowered prices or changed the "econmy" in any way, it will not affect anything. i like menewsha and i am certainly not saying anything to be againest anyone. Just that now the arguement is getting into the lines between reality and vurtuality.

Saisei 02-04-2011 09:48 PM

10 posts in this topic alone insisting on more gold kind of undermines your "it doesn't matter" stance.

Anything that deals, virtually or otherwise, in items and currency has an economy. People who actually donate generate a return on investment by selling their virtual items in this virtual economy. That makes it a pretty big deal, even on a small scale.

chronic_heartbreak14 02-04-2011 09:52 PM

kittykondos: inflation is whenever the value of money goes down, but prices go up :yes:

so if we release a random CI at the start of a brand new web community its going to be normal... but a few years go by and its worth a lot because there weren't a lot of them released and its really rare. thats natural inflation (i think, correct me if i'm wrong)

the value of money on here is crucial, it has to stay below inflation because of the gold system. if we hit inflation, things that should be worth 200 would be worth 600+ and thats not fair, but it does happen :sweat:

monstahh` 02-04-2011 11:22 PM

Quote:

Originally Posted by kittykondos (Post 1769062416)
I what I do not understand still is what do you all mean by inflation?? I am still quite foggy on what exactly this is. Like I really have no idea.

Quote:

Originally Posted by Wikipedia
In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.[1] When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects an erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy

Quote:

And I have something to say that may just be very contraversal but please let me say it. Menewsha, whether you agree or not, is indeed just a game. It is not real and the money on here has no ecnomy. The money you get is just fake, along with the items you buy. Just thought I would state this since a lot of you are talking like this isa real important matter, when really it is just a game.
Yes, menewsha is a game, but REAL PEOPLE with REAL MONEY invest time and resources here. The economy is also a "real" economy, whether or not the money is worth anything "offline."

You could also actually argue, that every 1k of pixels on menewsha is worth $2.50, because that's how much 1 CI is bought and sold for.

Quote:

Therefore if you increased the game gold limit of lowered prices or changed the "econmy" in any way, it will not affect anything. i like menewsha and i am certainly not saying anything to be againest anyone. Just that now the arguement is getting into the lines between reality and vurtuality.
Yes it would affect the economy. More money laying around means more inflation because it means more people have more money to spend on stuff. CI prices would go up, as would any rare items prices, and while we do need inflation, this is not the kind of inflation we need. We need a "demand" based inflation, not a "too much money" inflation, the "too much money" inflation tends to bubble and burst, because at a point, people won't pay inflated prices anymore. But if there is a high demand for that item, then the chance of someone willing to pay more for an item goes up.

Does that make sense?

kittykondos 02-05-2011 01:45 PM

Okay yes now I do have a much better understanding of what inflation is. I still feel the way I do towards gold, but I too am starting to see what all of you are saying about inflation.

When I first made this thread a few months ago, I was what many consider newish. I did strongly belive that the gold system was wrong. But as time goes on and as this thread gained popularity I began to have less gold trouble and really not really have gold problems anymore. So it is true that the newer members do want more gold, where as the older members really do not see the need.

As more arguements erupted here, I saw the points made. And I saw where you all stand. And I would lie if I said that I thought the gold limit is too low. I see now. While there are many new members out there who feel the same way, this will ofcourse not be the last thread on "More Gold" or any other types of gold increases. Soas Isee now, it is the job of the older members to show the beginners what menewsha is, and how menewsha differs from sites theymay have played in the past. With this i thank you for helping me to a better understanding of what menewsha is and how it is run.

Saisei 02-05-2011 02:52 PM

Quote:

Originally Posted by kittykondos (Post 1769046322)
..but really I do not consider myself new at all. I have been a member for about two and a half years now. That is not exactly new.

Quote:

Originally Posted by kittykondos (Post 1769065085)
When I first made this thread a few months ago, I was what many consider newish.

I find these to points very salient in the whole thing, personally.

kittykondos 02-05-2011 06:45 PM

In the first comment ( and you would have known this if you would have read the entire thread) It was being stated that I was new. I was saying no they are wrong in calling me new. The second quote I clearly said that many consider me to be newish, so other than just aruging I said that when I FIRST made the thread I was what many consider to be newish. Obvisouly since the date on the thread is well over a month ago, then yes well that was awhile ago. So yeah catching on?


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