Hello EVE pundits,
Is the games maintainer aware of the deteriorating economy? What do they think the cause is?
Here are some things that cause inflation?
- Destruction
- 2 for 1 sales
- Complexity
- EIV tax
- Listing fees
- SKINR
- Hypernet
Destruction causes inflation because it reduces supply. 2 for 1 sales causes plex prices to rise which has trickle down effects due to how reliant the game economy is on people subbing multiple accounts for farming materials, doing industry and hauling.
Complexity makes participation harder and lowers supply. EIV taxes are added to the price of a good so it creates a negative feedback loop where EIV tax goes up slightly, then producers raise price slightly, and then EIV tax goes up slightly again. Listing fees turns your assets into a liability when you put them for sale which causes liquidity issues across the entire economy. SKINR and Hypernet raise demand for PLEX which has trickle down effects as mentioned earlier.
But i could be wrong. Have a nice day.
Inflation of what?
Are you talking about ISK inflation or about PLEX inflation?
You seem to mix these two in your post as if it’s the same thing, even though they’re entirely different currencies with different systems.
One enters and leaves through gameplay, like the ISK fees you mention.
The other is an interface between ISK and real currency, with little impact on the ingame economy but with an economy of it’s own in the NES, Omega, the two-for-one deals you mention and more.
So when you talk about inflation are you thinking about ISK compared to the economy?
PLEX compared to the economy?
PLEX compared to ISK?
Or did you not think about that at all?
Or is this all a bit too complex?
you create a question and, without getting anyone else but you time to respond, give yourself an answer that fit you.
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Increasing demand for PLEX causes inflation due to how reliant the economy is on people using multiple accounts
Nonsense. But that’s pretty much par for the course with you.
Destruction does not in itself cause inflation, especially as destruction is the primary engine of the supply chain in the first place…a concept clearly beyond you.
What matters is the ratio of creation to destruction. But even that is not the complete picture as people can simply horde stocks to artificially reduce supply. Thus the amount being mined is not necessarily a firm indicator of the level of sales of ships.
Its all a lot more complex than simply ‘destruction causes inflation’. Destruction is vital to the economy.
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Inflation is not a separate economic phenomenon. Its the result of supply and demand and destruction reduces supply.
Sigh. Destruction is what necessitates the supply in the first place. Without destruction there’d be no need to make any new ships and thus no need for a market at all. Thus destruction is the very engine that keeps the economic escalator going.
More destruction necessitates more supply. It is ONLY if that ‘more supply’ cannot be met that stocks dwindle and less ships can be built…and prices may go up.
But I very much doubt whether increased ship prices have anything to do with the available supply of materials directly resulting from destruction. Rather, it is far more due to the increase in cost of PLEX as a result of trading of it, and the fact that that means people have to pay more ISK to PLEX their accounts…and they are simply not able to keep up with the level of mining, etc, required to do so !
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Destruction does not create demand it lowers supply
Don’t be silly. If nothing ever got destroyed there’d be no need to make new ones. If I lose an Eagle in a fleet battle, it has to be replaced…a new one has to be made. If my Eagle was indestructible then I’d never need a new one, nor would anyone else, and the market for Eagles would evaporate.
Destruction is ultimately what drives the market. If you don’t grasp that then you shouldn’t be posting threads on economics of the game.
New people adopting the game causes demand. But who is going to adopt a game that revolves around the destruction of their assets?
attempting any sort of rational debate with Bakster is bound to end in frustration.
they have a long track record of trollish posts and trollish responses while never acknowledging the validity of anyone else’s input to the discussion.
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Destruction is probably the worst idea for lowering inflation among other things
Either you are wrong, or a 22 year old game that has always been centered around destruction is wrong…if only we had a game that old to know the answer…
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It seems EVE revolves around destruction more than ever and the economy is also worse than ever. Maybe the two are not related because its a 22 year old game
Tariffs?
Or players have a lot of extra money RL to pour in this game. Post Pandemic income recovery.
How would that cause inflation?
Multiple accounts cannot be maintained just by Grinding isks.
Please elaborate