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Old 03-01-2014, 02:54 PM
Yieu Yieu is offline
Large Rat


Join Date: Mar 2014
Posts: 5
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It sounds like a case of stagflation, or stagnation and inflation. This was seen in the 1970's, and we started to see it with the recession that started in 2008 but it appears to have slowed. Stagflation occurs when inflation (the cost of items) is high, but economic growth slows (lack of new items/lack of mudflation/lack of new players gaining items through hunting for them) and unemployment is high (newer players have less plat/camps for items or plat are camped out but not by newer players). This allows for people to have valuable items and a lot of platinum, while others have a hard time finding the resources to keep up with rising prices for those items even if those items are not scarce.

Mudflation is when stats on newer items become greater and greater.

Inflation is when the cost of items go up due to scarcity of the item OR due to an increase in the money supply, translated as lower valued money

Deflation is when there is an increase in the availability of an item OR due to a decrease in the money supply, translated as higher valued money.
 


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