# Price of Plex - Market intervention Required from CCP **URL:** \ **Category:** General Discussion\ **Created:** [March 10, 2019, 11:57am UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111 "2019-03-10T11:57:03Z")\ **Posts on this page:** 20\ **Page:** 61
**Author:** ![Jonah\_Gravenstein](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/jonah_gravenstein/32/386819_2.png) [@Jonah\_Gravenstein](https://forums.eveonline.com/u/Jonah_Gravenstein)\ **Post date:** [April 25, 2019, 5:35pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1237 "2019-04-25T17:35:11Z")
The UK is my country. Minimum wage for someone over 25 in the UK is £8.21 per hour. ---
**Author:** ![Teckos\_Pech](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/teckos_pech/32/375283_2.png) [@Teckos\_Pech](https://forums.eveonline.com/u/Teckos_Pech)\ **Post date:** [April 25, 2019, 5:35pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1238 "2019-04-25T17:35:50Z")
> [@Nevyn\_Auscent](#): > > But it also means they buy less plex overall, if I want something that costs 2 billion, how many plex do I need to buy, higher plex price = fewer plex I buy. It’s a question of where the two curves meet overall for where CCP wants plex prices. _Sigh_ Is PLEX a luxury good? Do players want more ISK than less? If the answer is “Yes and yes.” Then check yourself. How much income do you need to live? Once you hit that level do you tell your employer “No thanks,” to that raise? Of course not. If I can get 2 billion ISK via PLEX but not I can get 4 billion for the same expenditure am I necessarily going to buy half as much PLEX? Not necessarily. Sure I might have said when X PLEX could get 2 billion ISK I’ll buy X. But if X PLEX can get me 4 billion and I was already comfortable with buying X and more ISK is better than less…I might decide to go for X anyways. Yes, some might say “He, I can buy 1/2 X and also spend the residual on a pizza (or whatever)!” and thus reduce PLEX consumption. But at the same time, there may very well be a player who says, “Wait, for X\*$Y I can get 4 billion ISK? Great I’ll buy.” This is like a 50% off sale when you think about it. Basically, when the IG price goes up it is analogous to the OOG price going down. And we have tons of evidence that when the OOG price goes down the IG quantity goes up. Reality just does not support your claims. Nor does economic logic. Please stop writing this. It gives the impression you are foolish in that you are basically arguing that PLEX are a Giffen good…and Giffen goods are inferior goods not luxury goods. FYI, a Giffen good is a good where when the price goes up you buy more of it. This is a violation of the law of demand (kind of). Basically a Giffen good is a good that is an inferior good and one for which there are few/now substitutes (a subscription is a substitute for PLEX in terms of Omega and ISK is substitute for many other items bought on the NEX…so this condition is debatable) and for which the income effect dominates the substitution effect. These factors lead to an _upward sloping demand curve._ And for a good to be an inferior good that means that as your income goes up you buy less of it, that is the income elasticity of demand _is negative_. That is IED = %change in quantity demanded/%change in income \< 0 (where IED = Income Elasticity of Demand). So suppose your income goes up by 10% but for an inferior good your quantity you demand has to go down, let’s say by 5% then your IED = -.5. > [@Jonah\_Gravenstein](#): > > You fail to take into account the human element. CCP could nerf alliances to hell and back, but the social and IT infrastructure for the big alliances is almost entirely outside of CCP’s control. Indeed. When dealing with a social process it is like squeezing a balloon. When you squeeze on one part you end up pushing the air into another part of the balloon thus negating your attempt to make the balloon smaller over all. People are adaptive and when you get “lots of them” they are particularly adroit at being adaptive as you have lots of people trying lots of strategies to adapt. > [@Latista](#): > > I don’t think at all that all the guys in goons alliance are deep in love with mittani. They just seek the biggest alliance to be the safest, this is it. No, I am not deep in love with the Mittani, but I do know that Goons, et. al. have solved many of the problems facing big alliances and are very good at adapting to changing conditions…so, knowing this even a hard reboot would very likely see me back with Goons. It isn’t a certainty, maybe most Goons would say F-it and leave the game for good and that would be that, but assuming they do come back (and they just might because a hard reset would have quite possibly and even worse effect on their long time enemies)…you’re basing your position on a unicorn theory. ---
**Author:** ![Lugburz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/lugburz/32/486230_2.png) [@Lugburz](https://forums.eveonline.com/u/Lugburz)\ **Post date:** [April 25, 2019, 5:36pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1239 "2019-04-25T17:36:23Z")
yes… in you country… but in others the minimum wage is…? it was a generalisation that wages where you are will not be the same eslewhere, sorry for the confusion. In either case i believe when ccp made those infernal excavator drones and changed rorqs into what we have now they really took the wrong setp; now any change to that means people stop subbing accounts effectively hoding the rest of the playerbase at ransom. Thats not even counting the stupidity that is anomalies. Sure its designed that way so large alliances can actually sustain the numbers cus belt ratting was never going to do it; but it seems like (with most things lately) CCP try to put a simple fix on a complex issue. ---
**Author:** ![Jonah\_Gravenstein](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/jonah_gravenstein/32/386819_2.png) [@Jonah\_Gravenstein](https://forums.eveonline.com/u/Jonah_Gravenstein)\ **Post date:** [April 25, 2019, 5:37pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1240 "2019-04-25T17:37:52Z")
When talking about minimum wage and income you also need to consider the cost of living; the UK is not known for having a low cost of living, our wages reflect that. Countries with a lower cost of living tend to have lower wages. ---
**Author:** ![Nep-Neps](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/nep-neps/32/466874_2.png) [@Nep-Neps](https://forums.eveonline.com/u/Nep-Neps)\ **Post date:** [April 25, 2019, 5:39pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1241 "2019-04-25T17:39:43Z")
If we followed my suggestion and banned all the poors then this thread wouldn’t exist ---
**Author:** ![Teckos\_Pech](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/teckos_pech/32/375283_2.png) [@Teckos\_Pech](https://forums.eveonline.com/u/Teckos_Pech)\ **Post date:** [April 25, 2019, 5:40pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1242 "2019-04-25T17:40:14Z")
> [@Lugburz](#): > > yes… in you country… but in others the minimum wage is…? Depends in the US, where a large number of players come from. The national minimum wage is $7.25. But many states and local governments have set higher minimum wages. For example Seattle has a minimum wage of $15, IIRC. And CA the minimum wage is $11/hour. And seriously, what is the point of this? That we try and combat global poverty via CCP and PLEX prices. Do you hear how dumb this sounds? If people are in poverty, pretty much anywhere, maybe they face more serious issues than if they can PLEX their account into OMEGA status. ---
**Author:** ![Scoots\_Choco](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/scoots_choco/32/262262_2.png) [@Scoots\_Choco](https://forums.eveonline.com/u/Scoots_Choco)\ **Post date:** [April 25, 2019, 5:40pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1243 "2019-04-25T17:40:33Z")
I’m sorry, I must be missing something. Is the argument being made here “Because minimum wage for certain countries might be too low to afford 1 Month of Omega game time, CCP should intervene in ISK price of PLEX in-game”? Because this is the argument that I am seeing being made here in favor of CCP intervening in the PLEX prices. Which I think it’s a very silly argument. ---
**Author:** ![Lugburz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/lugburz/32/486230_2.png) [@Lugburz](https://forums.eveonline.com/u/Lugburz)\ **Post date:** [April 25, 2019, 5:41pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1244 "2019-04-25T17:41:00Z")
compare it to india, or brazil; we could get into this but c’mon; lets not please. ---
**Author:** ![Teckos\_Pech](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/teckos_pech/32/375283_2.png) [@Teckos\_Pech](https://forums.eveonline.com/u/Teckos_Pech)\ **Post date:** [April 25, 2019, 5:41pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1245 "2019-04-25T17:41:35Z")
> [@Lugburz](#): > > In either case i believe when ccp made those infernal excavator drones and changed rorqs into what we have now they really took the wrong setp; now any change to that means people stop subbing accounts effectively hoding the rest of the playerbase at ransom. > Thats not even counting the stupidity that is anomalies. Why? Are mineral prices out of whack? What about moon materials? Are they causing serious problems or are you being bamboozled by the MERs? ---
**Author:** ![Lugburz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/lugburz/32/486230_2.png) [@Lugburz](https://forums.eveonline.com/u/Lugburz)\ **Post date:** [April 25, 2019, 5:42pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1246 "2019-04-25T17:42:10Z")
there is so much wrong with these items yes. bamboozled by mers that show only what people want to be seen… no in march this year apparently we had an influx of new players… anyway… ---
**Author:** ![Teckos\_Pech](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/teckos_pech/32/375283_2.png) [@Teckos\_Pech](https://forums.eveonline.com/u/Teckos_Pech)\ **Post date:** [April 25, 2019, 5:42pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1247 "2019-04-25T17:42:14Z")
> [@Scoots\_Choco](#): > > I’m sorry, I must be missing something. Is the argument being made here “Because minimum wage for certain countries might be too low to afford 1 Month of Omega game time, CCP should intervene in ISK price of PLEX in-game”? Yes. And it is stupid, IMO. ---
**Author:** ![Solecist\_Project](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/solecist_project/32/479741_2.png) [@Solecist\_Project](https://forums.eveonline.com/u/Solecist_Project)\ **Post date:** [April 25, 2019, 5:42pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1248 "2019-04-25T17:42:56Z")
I’ve did that time a hundred times over already. Dozens of posts spread across years and characters. Even if I consolidated it all into one single gigantic thread, it would achieve exactly NOTHING, because those who need it the most, are the same people who will not acknowledge, or even understand it! You think I haven’t tried? HA! The smart and reasonable get drowned out by the stupid, ignorant masses! There is no proper discussion on this forum happening, ever, because of all of those who don’t let it happen! One asshole triggers someone into endless back-and-forth-posting, the other asshole responds to every single post as if he owned the thread, the next asshole just outright ignores what you wrote and instead cicumvents every rule of conversation! _\*inhales deeply\*_ The fourth asshole starts seperate threads about the same topic using alts solely because he wants to create the illusion of an issue, so people populate the threads solely for the reason of talking about the topic despite it being a non-issue, actually helping the initial creator to give the perception that there actually is an issue! _\*gasps\*_ And the best part about the above two paragraphs, is that all of the assholes I’ve just listed above actually exist on the forums **right now** and the rules do not cover them, because there exist no Standard of Communication around here! Instead, everyone gets to believe that his opinion, no matter how stupid, deserves to be heard! So many people believe that they’re **entitled** to an opinion, and worse, that they’re entitled to being told they’re right! ---
**Author:** ![Teckos\_Pech](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/teckos_pech/32/375283_2.png) [@Teckos\_Pech](https://forums.eveonline.com/u/Teckos_Pech)\ **Post date:** [April 25, 2019, 5:43pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1249 "2019-04-25T17:43:16Z")
> [@Lugburz](#): > > there is so much wrong with these items yes. Sheesh. Argument by declamation is weak. Can you go even a tiny bit further? ---
**Author:** ![Lugburz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/lugburz/32/486230_2.png) [@Lugburz](https://forums.eveonline.com/u/Lugburz)\ **Post date:** [April 25, 2019, 5:44pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1250 "2019-04-25T17:44:43Z")
Would you even read it? ---
**Author:** ![Teckos\_Pech](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/teckos_pech/32/375283_2.png) [@Teckos\_Pech](https://forums.eveonline.com/u/Teckos_Pech)\ **Post date:** [April 25, 2019, 5:46pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1251 "2019-04-25T17:46:27Z")
Well then why are you even posting? Why not just STFU and STFD or even GTFO if that is your ultimate attitude. Aside: I love it when someone shoots themselves out of the saddle… sheesh. ---
**Author:** ![Solecist\_Project](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/solecist_project/32/479741_2.png) [@Solecist\_Project](https://forums.eveonline.com/u/Solecist_Project)\ **Post date:** [April 25, 2019, 5:46pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1252 "2019-04-25T17:46:58Z")
_\*pulls on Teckos pants like a five year old\*_ Uncle Teckos, what’s STFD??? ---
**Author:** ![Teckos\_Pech](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/teckos_pech/32/375283_2.png) [@Teckos\_Pech](https://forums.eveonline.com/u/Teckos_Pech)\ **Post date:** [April 25, 2019, 5:47pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1253 "2019-04-25T17:47:23Z")
Sit The F— Down. 😛 ---
**Author:** ![Solecist\_Project](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/solecist_project/32/479741_2.png) [@Solecist\_Project](https://forums.eveonline.com/u/Solecist_Project)\ **Post date:** [April 25, 2019, 5:47pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1254 "2019-04-25T17:47:35Z")
aahhh! Thanks! 😊 ---
**Author:** ![Scoots\_Choco](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/scoots_choco/32/262262_2.png) [@Scoots\_Choco](https://forums.eveonline.com/u/Scoots_Choco)\ **Post date:** [April 25, 2019, 5:48pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1255 "2019-04-25T17:48:08Z")
> [@Solecist\_Project](#): > > Even if I consolidated it all into one single gigantic thread, Then do no more than link me this thread please and I’ll read it for myself. ---
**Author:** ![Lugburz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/lugburz/32/486230_2.png) [@Lugburz](https://forums.eveonline.com/u/Lugburz)\ **Post date:** [April 25, 2019, 5:48pm UTC](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111/1256 "2019-04-25T17:48:21Z")
I am sat down, why wouldnt i be? logical arent you. [Previous page](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111.md?page=60) [Next page](https://forums.eveonline.com/t/price-of-plex-market-intervention-required-from-ccp/145111.md?page=62)