Opticraft Community

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.

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.

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.

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)

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.

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.

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)

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.

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.

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.

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)

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.

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.

the server has unlimited blocks so prices will always stay the same

Quote from: Nick3306 on January 04, 2012, 02:18:07 AM

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)

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.

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.

the server has unlimited blocks so prices will always stay the same

Dang, because you can merchant off of prices that rise and fall a lot.

Except for blocks which are not sold in the market though. They will obviously not have an infinite supply.

Can't wait to come back on see you guys there! Hopefully il stumble upon you guys in classic.

2012, the end of the world.... 1.8 world.

Launch should be this weekend .

1.8 up for download shortly as well.

Yaay! \o/

Awzm, can't wait!

Quote from: optical on January 06, 2012, 10:55:13 AM
Launch should be this weekend .

1.8 up for download shortly as well.

Sorry for stupid question, but where is download?

Claw there is no such thing as a stupid question and the world save isnt up for download yet

Quote from: Destroy8r9 on January 06, 2012, 08:08:34 PMthere is no such thing as a stupid question.

there is.