EPTOn February 07 2012 23:52 tofucake wrote:
But that's the question. Was the 950b net or gross? If it was net, it is inflation, as it's already adjusted for sinks.
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On February 07 2012 10:13 abominare wrote:
Is a weak link, secondly that isn't inflation, thats just how much was 'printed' well net gain in printing which doesn't really give you an idea of inflation regardless.
On February 07 2012 10:07 Mandini wrote:
The sink for bounties can be tied to the sov payments.
Also, the total inflation on a certain wednesday was measured to be 950bn.
On February 07 2012 09:08 abominare wrote:
Theres no isk sink from normal bounties which if IRC was still greater than the bounty payouts of incursions. I would be interested in seeing data on mission payout vs lp payment costs incurred, with the amount of runners who ultimately ignore LP might skew this interestingly enough.
Ultimately where this argument has issues is the concept of inflation. People have been programmed by the real world that inflation is always bad. The yardstick of measuring inflation is not only skewed in comparison to irl, but the notion of what levels would be bad for the economy are not easily translated.
I'd very much argue that inflation in the eve economy is of minor consequence compared to the magic pedestal most players put it on, hell I'd even argue that rather significant inflation is good for the game, which is all relative anyways. Certainly though a game plan that sinks was equal to generation would be a terrible game, since ultimately the money supply (or money in circulation, theres a distinction here though) would be effectively getting smaller every day.
On February 07 2012 02:37 Mandini wrote:
The argument isnt for the amount of isk being injected into the economy, its the amount of isk added minus the amount of isk taken out. Incursions add isk without a good way of taking it out. At least null has sov fees, explo loot has contract fees, and missions have lp conversions that take away a good deal. Incursions dont have these sinks, you dont get a ton of lp from each site. Therefore the net amount of isk added is significant, where the rest of the isk injection methods are less so.
The argument isnt for the amount of isk being injected into the economy, its the amount of isk added minus the amount of isk taken out. Incursions add isk without a good way of taking it out. At least null has sov fees, explo loot has contract fees, and missions have lp conversions that take away a good deal. Incursions dont have these sinks, you dont get a ton of lp from each site. Therefore the net amount of isk added is significant, where the rest of the isk injection methods are less so.
Theres no isk sink from normal bounties which if IRC was still greater than the bounty payouts of incursions. I would be interested in seeing data on mission payout vs lp payment costs incurred, with the amount of runners who ultimately ignore LP might skew this interestingly enough.
Ultimately where this argument has issues is the concept of inflation. People have been programmed by the real world that inflation is always bad. The yardstick of measuring inflation is not only skewed in comparison to irl, but the notion of what levels would be bad for the economy are not easily translated.
I'd very much argue that inflation in the eve economy is of minor consequence compared to the magic pedestal most players put it on, hell I'd even argue that rather significant inflation is good for the game, which is all relative anyways. Certainly though a game plan that sinks was equal to generation would be a terrible game, since ultimately the money supply (or money in circulation, theres a distinction here though) would be effectively getting smaller every day.
The sink for bounties can be tied to the sov payments.
Also, the total inflation on a certain wednesday was measured to be 950bn.
Is a weak link, secondly that isn't inflation, thats just how much was 'printed' well net gain in printing which doesn't really give you an idea of inflation regardless.
But that's the question. Was the 950b net or gross? If it was net, it is inflation, as it's already adjusted for sinks.
again http://www.investopedia.com/university/inflation/inflation1.asp#axzz1liy8MEeI
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