Debate About The Wynn Economy

An economy where currency is an unlimited resource is destined to end up as bullshit.

 

money sink do not change the value of the money itself, the change is a relativity, if there is less money, the item indeed worth less.
Buy if you are drawing money out of the market, you are actually drawing money out from both the poor and the rich, rich still pays high and poor still cannot afford shit, you don't kill poverty by taking everyone's money out.
Let's say an average player has 1stack LE and rich has like 60stacks, the rich can still afford an item that cost 2 stack but not for the poor.
If you apply money sink, that makes an average player having 10le and rich having 10stacks, an item would drop to the price to 20le, and money sink wont change anything.

 

So what do you suggest?

 

we are talking if's here, the decent outcome would be you winning with 0 loses, if youre bad at chess youll get a stalemate and if you really suck you might lose

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its the same thing

not necessarily, it can take money from the rich people only.

the prices change exponentially so they would be able to buy stuff

 

explain

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I personally don't think the market is broken, there are constant supply of both the currency and the items. People are complaining about inflation but where is the actual inflation?

 

How much is a good cataclysm worth?

 

20stacks, and what about it

 

Mk, from doing every quest on Wynn the player gets around a stack I believe... Arent the prices compared to the money coming in too high? I mean rich people can afford it, but other than that, it I dnt even something they can consider...

 

then answer the questions
how many catac has been found?
what was the initial price of a catac?
how many quests are added that gives you LE after the first catac is found?
what items other than this mythic is as expensive as a catac?

 

True true... Lol why am I even here I don't take economics xD

 

you can introduce an endgame money sink such as guilds and horses (back in the day)

pre gavel quests gave you around a stack of le, now you get around 2 stacks, meanwhile the endgame gear prices has soared tenfold

 

end game money sink now is mythic, which just keeps the money flowing within the market, I don't think anyone else would put money into a sinkhole than to invest on an actual mythic now

The entire environment is different comparing pre gavel and post gavel
I started post gavel, without getting anything to start with from pre-gavel wealth since I started, I could still make money.
Where is the inflation after Gavel is introduced, ignoring that fact the pre-gavel existed?

 

then it aint a sink is it?

the market boomed when gavel was released, we had a massive influx of new players that wanted to get more items and spend more emeralds. we also got a lot of new items but when you grind post gavel only some of the items are worth something so when you have few sellers and a lot of buyers with a lot of money the prices rise.
without a sink the economy is doomed to a cycle of boom and bust

 

It's been so long after Gavel is released and I don't know how is was before Gavel.
All I know is, everyone started poor. The one and only way to become rich is to trade unless you rely fully on item buyer. And no one would invest onto guild or horse anymore especially for the rich so the idea of money sink is not helping poor people.
Poor people should help themselves, set up a shop and sell stuff.

 

never said that, just that finding a strati/cata or any high demand mythic will make it MUCH MUCH MUCH MUCH easier to become rich

 

just trying finding a strati/cata or any high demand mythic will make it MUCH MUCH MUCH MUCH harder than to actually trying to sell some items.

 

You can't stop inflation in Wynn, simply because there is a continuous increase in the money supply.

 

1. How mythics cost a fortune.
2. That some people have a bank full of stacks LE.
3. ???

 

The econnomy is doing actually pretty great i only read some replys of what people wrote so if you have some good reasoning to why its so bad please quote me and prove me wrong

1. Making money is very easy if you aren't completley retarded and want to spend sometime, just do a few lootruns look on the forums for what items are being bought, don't overprice and you will be making a fotune in no time, thats how i mad 3/4 of my 21stacks of le.

2 . Most legends get sold at about 5le if they have good ids and are high level there are exceptions but really those exceptions only happen if tons of people want that specific item
5le isn't a fortune you know

3 Mythics Super high demand , Low suply, Quite amazing for soloing stuff builds, means they are gonna be expensive no other way around it.

4 Mythics are not need for an endgame build, if you want a mythic you have to work for it stop bithcing around if everyobdy could get mythics for a low price they wouldn't be special

2 bad things about the econnomy

1 Horses are being underpriced is probably 1 of the things that make me sad

2 People are bad at prices

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I only read this message from you and i think taxxing players is a decent idea as long as the taxes aren't calculated in % but a fixed amount

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Jackykit said it it well
If you do a money sink the poor will still be poor the rich will still be rich the items value will go down in price but there is a lower amount of money and probably if a money sink was done the amount of money coming into the wynn econommy would also be reduced meaning the poor will stilll not be able to afford the item while the rich still will

 

Ive seen them go for 7 :P