Discussion forum > Server News
1.8 SMP Server offline - 1.0.0 is coming soon!
optical:
You are thinking of supply and demand, not inflation.
Inflation is complicated, but it basically involves cash injections into the economy, causing more money to be in circulation, which means each $ becomes "worth" less, and prices rise to compensate. This is a very simplistic explanation.
This will not happen, nor will prices change due to supply and demand, as all the shops are managed by the server - IE Infinite supply.
Once we implement a user controlled market, this will change.
raul7legend:
--- Quote from: optical on January 03, 2012, 09:31:41 pm ---You are thinking of supply and demand, not inflation.
Inflation is complicated, but it basically involves cash injections into the economy, causing more money to be in circulation, which means each $ becomes "worth" less, and prices rise to compensate. This is a very simplistic explanation.
This will not happen, nor will prices change due to supply and demand, as all the shops are managed by the server - IE Infinite supply.
Once we implement a user controlled market, this will change.
--- End quote ---
I'm not that good in economy, but I see other servers that use a supply and demand system, I just wanted to know if you're doing it here too.
Nyssa:
--- Quote from: Nick3306 on January 03, 2012, 06:30:21 pm ---
--- Quote from: raul7legend on January 03, 2012, 01:17:07 pm ---Will there be inflation as part of the economy system?
(For who don't know - inflation is when a price of a good rises or decreases mattering about how much there are in the market. If there was 1000 gold blocks on the market, and now there is 2000, the price rises)
--- End quote ---
There will not be inflation because 1. Your example is not solely inflation, you are thinking of supply and demand, and 2. the server will have an unlimited supply of blocks therefore the demand will not increase the price.
--- End quote ---
There won't be an infinite amount, unless Relkeb took my advice on reseting nether and end every so often, I am guessing there are still boundaries, just a long way out this time. Glowstone could easily go up as there is less and less around the portal.
Wratkie:
--- Quote from: Nyssa on January 04, 2012, 12:57:00 am ---
--- Quote from: Nick3306 on January 03, 2012, 06:30:21 pm ---
--- Quote from: raul7legend on January 03, 2012, 01:17:07 pm ---Will there be inflation as part of the economy system?
(For who don't know - inflation is when a price of a good rises or decreases mattering about how much there are in the market. If there was 1000 gold blocks on the market, and now there is 2000, the price rises)
--- End quote ---
There will not be inflation because 1. Your example is not solely inflation, you are thinking of supply and demand, and 2. the server will have an unlimited supply of blocks therefore the demand will not increase the price.
--- End quote ---
There won't be an infinite amount, unless Relkeb took my advice on reseting nether and end every so often, I am guessing there are still boundaries, just a long way out this time. Glowstone could easily go up as there is less and less around the portal.
--- End quote ---
I'm sure the things in the server shops wont need to be harvested. But if player shops are made then this potential could happen to an extent.
Nick3306:
--- Quote from: Nyssa on January 04, 2012, 12:57:00 am ---
--- Quote from: Nick3306 on January 03, 2012, 06:30:21 pm ---
--- Quote from: raul7legend on January 03, 2012, 01:17:07 pm ---Will there be inflation as part of the economy system?
(For who don't know - inflation is when a price of a good rises or decreases mattering about how much there are in the market. If there was 1000 gold blocks on the market, and now there is 2000, the price rises)
--- End quote ---
There will not be inflation because 1. Your example is not solely inflation, you are thinking of supply and demand, and 2. the server will have an unlimited supply of blocks therefore the demand will not increase the price.
--- End quote ---
There won't be an infinite amount, unless Relkeb took my advice on reseting nether and end every so often, I am guessing there are still boundaries, just a long way out this time. Glowstone could easily go up as there is less and less around the portal.
--- End quote ---
the server has unlimited blocks so prices will always stay the same
Navigation
[0] Message Index
[#] Next page
[*] Previous page
Go to full version