Quote:
Originally Posted by Lojik
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Baler is right there is no supply and demand in EQ. I got my masters in Eqonomics and one of the topics we covered was behavioral economics and price theory in virtual worlds. We only spent a few classes talking about p99 in particular but essentially Rogean et al act very similar to the federal reserve in manipulating the platinum supply. Sometimes they do it directly via bans to accounts with lots of platinum or items(under the guise of RMT enforcement) and then other times they use a different approach and tamper with the velocity of platinum (nerfing seafuries to "bring in line with classic drop tables.") p99 is actually a secret branch of the federal reserve, and if you look closely at patch dates and nerft dates you'll see that it's all an attempt to achieve target employment rates in the general population (nerfs tend to push unemployed neckbeards to get jobs cuz eq sucks now.)
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I feared an actual expert on MMO economics would find this thread and discount the majority and prove Baler right regarding supply and demand.
When the technical facets of P99 economics is laid bare and naked before us, even explaining behind the scenes market manipulation involving the staff I personally feel this debate is dusted and cased in ice.
Well done Qaos. I just hate that you had to provide us with real facts that back up Baler's poorly debated side of things. Before you jumped in, we had him cornered and ball-gagged. afraid to even venture back into these parts.
With this kind of support, Baler may be enboldened enough to crawl back into the discussion he started.