Woosh.
Tritanium is the primary input in most stuff that you buy. It is the best estimate of the inflation of things that are bought.
Amusing you didn’t get it.
1 Like
Um, no. The best estimate of the inflation of things you buy is an average price of things you buy, compared before and after. It is completely absurd to assume that an increase in one component of finished goods is representative of the final price.
PS: you’re also ignoring the fact that miners can refine veldspar into tritanium and get the 15% price increase.
Feel free to calculate that whenever you like.
You’ve never mined have you? Did you read the patch notes and do you understand why the price of veld is rising less rapidly than the price of trit?
Please try harder.
3 Likes
You’re the one who tried (and failed utterly) to make a point, I’m not going to do your work for you.
I provided a good proxy (the most common input). You provided nothing.
But thanks for dropping the discussion on trit versus veld. Did you figure it out?
2 Likes
Except it isn’t a good proxy at all. You managed to pick out a single comparison that worked for your point and ignored the conventional method of calculating inflation. You also ignored the fact that a price increase of X% in one component does not produce a price increase of X% in the finished product. I may have provided nothing, but you have provided less than nothing.
But thanks for dropping the discussion on trit versus veld
There’s no discussion to be had when the best you can do is post vague nonsense and say “you figure out my argument for me”.
Given the value of Veld is literally the value of Trit that can be extracted from it.
The only possible answer is market manipulation by someone.
Ore basically is minerals, yes it requires a second step and bad skills means bad yields, but that’s literally how ores get valued.
ROFLMAO.
No dear. We are comparing pre the change to post the change. Did something happen in the change that might affect the value of veld relative to trit?
1 Like
No, because Veld is literally Trit with one step not completed.
Incorrect. You are free to offer data from a different perspective to prove your “point.” Shockingly (not), you choose to do nothing instead.
2 Likes
Go back and read the patch notes. See if you can figure it out…
1 Like
Oh sure, there is brief market lag as it adjusts to new refining yields.
But that doesn’t mean anything with regards to miners income relative to expenses long term.
I’m sorry, I thought you were actually discussing the long term implications of this, not trying to score points by being pedantic.
It’s not a lag, it’s a permanent change in the relative value between trit and veld.
Thanks for the chuckle.
Go back to fanboiing and stay away from econ.
2 Likes
But it isn’t a permanent change in mining income. Once existing stockpiles and market orders are used up mining income is identical whether you’re measuring it in raw ore or refined minerals. You can not have a situation where the value of a miner’s ore is now 5% higher but the value of the minerals that ore refines into is 15% higher.
Yesterday I paid myself 1 ISK for a ship. Today I paid myself 2 ISK for a ship. Therefore mining now produces double the income and miners win.
1 Like
Perfect…and expected.
So as expected, you are here to score points, not actually discuss things properly.
We’re not discussing value but income versus expense. Appreciate you jumping in to support your fellow fanboi but do try to understand the discussion first.
2 Likes
Yes, which is why your claim is such utter nonsense. Nobody is selling veldspar to buy tritanium so that is not a relevant measurement of income vs. expense.
LoL, they are also calling you & I buddies.
I think that’s even funnier than the rest of it.
1 Like