Boost the Inflation

Boost the Inflation

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Posted by: Stilk.6312

Stilk.6312

So my theory here is that Arenanet, with that new september patch, is trying to boost the inflation that already begun, to act very dangerously, around 6 months ago in the game.

For those who don’t know, the inflation is the process in witch prices gets higher, on most of the most used goods, like T6 & precursors in our game.

Now why do I say that Arenanet is trying to boost this inflation, let’s look on how (we will look at their motives later). Well that new September patch brings another way, for players, to buy the limited amount of goods, by so creating a demand that exceeds the offer, thus making the prices go higher.
Mini pets in wardrobe, collections, new trading post, everything is done in this objective (may it be intentional or not) to boost the inflation.
Why does the offer doesn’t goes up as fast as the demand? Well that is simple, in a perfect world, may it be IG or IRL, the primary goods can be harvested from known locations, as we are talking in game these locations shouldn’t be under any rules, so you can harvest as much as you want (IRL it’s different : there is a limited amount of materials on earth – but a quantity so high that this is not a factor that affect the inflation in such a little time). That is in a game that would understand the economy, but in Guild Wars 2 it’s different. Indeed there is no “farm spot” or those are very limited (by the farmcode), for primary goods like T6 mats – this is why the offer cannot substain the offer on this game that has 2 years old.

So we have seen that Arenanet is trying to boost the inflation, we have seen that the offer cannot substain the demand and why.
Now we are going to look at the motives they could have for doing so. And why, as a player, you don’t want this to happen.

Higher prices can drive players to stay in game more to get those goods, struggling to gain money little by little to buy something out of price.
This in my opinion is the main motive for boosting the inflation. This is not something that I, as a player, and YOU, as a reader but also a player, want to happen.

You don’t want to be used like that to stay in a game. We want to play a game that entertains us with new content, or hard content that puts a challenge – not something as stupid as doing the same things everyday to get a little money then struggle with that to substain yourself.

I hope I have opened your eyes on a critical issue that will slowly degrades the game if Arenanet doesn’t boost the economy, as a player based economy.

(edited by Stilk.6312)

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Posted by: Thor.2516

Thor.2516

Nothing new here. The game is build around the gem store. Its easier for ANet to utilise existing assets, re-skin, sell boosters and play the Trading Post from their end implementing features that further boost the price of the most desired items. Its all part of the ANet/ NC Soft business plan.

I would be more than happy to drop 50-100 $ for a new continent or expansion … but obviously its much easier to collect that amount of money for a precursor.

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Posted by: Inculpatus cedo.9234

Inculpatus cedo.9234

Your ‘theory’ might have opened my eyes, if that was the reason I stayed in-game, but I am afraid it isn’t.

I’m pretty sure the gold sinks implemented would not be present if runaway inflation was the goal, but….that’s just my thoughts.

You might find more opinions over in the BLTC sub-forum, though, as that is where most of the economy discussions take place. Good luck.

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Posted by: drmedic.4705

drmedic.4705

Inflation is generally horrible for player retention and also any MMO will start suffering from it regardless manipulation or not. Changing minis to account bound should actually curb some of the inflation. The only real gold sink in this game right now is the TP. Spiking prices of minis will force more money out of the economy due to fees in the long run than it would letting it run it’s current course. I can’t confirm nor deny Anet is forcing inflation but let’s just take a second and think it through. They’re focusing a lot right now ON player retention for new and veteran players alike. It makes no sense for them to jack up inflation if they want to keep players at all.

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Posted by: Stilk.6312

Stilk.6312

I’m pretty sure the gold sinks implemented would not be present if runaway inflation was the goal, but….that’s just my thoughts.

You might find more opinions over in the BLTC sub-forum, though, as that is where most of the economy discussions take place. Good luck.

1 – No, the gold sink indeed work for the inflation.

2- This ain’t a talk about the economy, it’s one about the positions that Arenanet is taking with such an update.

The inflation is indeed a short term solution for the dying game. Not a long term one.

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Posted by: Ensign.2189

Ensign.2189

Nothing in the original post makes any sense.

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Posted by: John Smith.4610

John Smith.4610

Nothing in the original post makes any sense.

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Posted by: ZudetGambeous.9573

ZudetGambeous.9573

I think you should take a look at what inflation is and how it is measured.

Inflation in GW2 is one of the lowest in any MMO on the market.

Take a look at prices of commonly traded mats and mats that are rising look for reasons behind the increase in demand.

Every item that is increasing in price can be quickly linked to a recent patch that increased demand, which has nothing to do with inflation.

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Posted by: Redenaz.8631

Redenaz.8631

I’m…a bit lost. It sounds like the whole theory amounts to “Anytime something is made more usable, players will like it better, which will increase demand without increasing supply. Then individual players will have to farm more to compete with each other over highly sought-after items.”

While I guess that’s true to some extent, like maybe more people will be buying minis because more people will want minis now that they’re easier to use, I’m not sure what the OP is suggesting anyone do about it. Should they not make minis easier to use? Are you saying they should increase the supply of minis? Should they not encourage trading by making a better TP experience?

Actually, that last one makes no sense at all, since more players trading would mean more taxes, which takes gold out of the economy. I’m not sure what that game update is supposed to do with increasing demand.

I don’t like to pick at players’ English, because I know it’s not everyone’s first language, but I’m having a really hard time understanding sentences like “Indeed there is no “farm spot” or those are very limited (by the farmcode), for primary goods like T6 mats – this is why the offer cannot substain the offer on this game that has 2 years old.”

~The Storyteller – Elementalist – Jade Quarry~

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Posted by: Olba.5376

Olba.5376

If you think that T6 mats and precursors are the most used goods in the game, you clearly don’t know a thing about the game. Those are top tier goods used for top tier stuff, which is not even close to the most used goods in the game.

Just because you’re not using lower tier mats or food ingredients in your pursuit for an Eternity (because that’s what all of you’re doing, right?) doesn’t somehow mean that there aren’t 10 guys for every one of your like using those goods.

Heck, what do you think that the TP players are doing? They sure as hell aren’t selling T6 mats like crazy. Nor are they selling precursors like crazy.

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Posted by: Phoebe Ascension.8437

Phoebe Ascension.8437

Nothing in the original post makes any sense.

It kinda makes some sense.

Let’s establish three things before I go on. A perfect world doenst exist. Most mmo’s have worse inflation then gw2. However gw2 still has inflation.

And lately (compared to first years evolution) it’s becoming really really fast. Purely and only looking at gw2 economy, the inflation is reaching higher grounds then ever, on luxury goods (and don’t give me the fake reason, luxury ain’t inflation, the only reason veterans play is to get luxury goods, otherwise we left the game, so the true ‘goal’ of players (and thus the main thing to look at for gw2 – not real life – inflation personally is luxury goods). You can disagree, but you cannot say it’s not true John smith. I’ve seen you to often crush arguments like this with a ’doesn’t make sense’ post. You enlightened me a lot. A lot of fairy tailes, i no longer believe in.

However it hurts me to see you still deny there’s inflation (and lately pretty bad one at that), when there is. You once used the excuses Velocity is everywhere and not to be mistaken with inflation. For certain materials (especially cooking ones). I fully agree. T6 mats? Nope not at all they never spikes down. Not even shortly, they only go up up up up up. That’s bad, and needs a fix. Let’s face it, in a perfect world, Anet wouldnt have to mind botters, and honest farmers would have their freedom, thus t6 would be supplied. But you disabled bot farming, and simultaneously disabled ‘honest t6’ farming.

A best example to augment this is Foxfire clusters. Some people buy them on TP. But loads and loads of people find them to expensive, and resort to manual farming. Since foxfire clusters have total freedom in farming, no diminishing return, no cap, no hidding blocking code, it’s very easy to farm. If you farm enough wood, you will get em eventually. And wood doenst run out so easely if you change maps. See people want to farm rather then pay their way to luxury item (mawdrey). And if possible they do.

Conclusion t6 would be farmed. But isn’t atm. So it’s rising. John smith fails to calculate over enthousiastic anti bot features, into the ‘yes it’s inflation, no it’s not inflation’-discussion. He thinks it’s a byproduct of our ‘psychological player’ way of thinking, that creates this demand/supply ‘situation’, and as such it cannot be described as problem/and or inflation.

Don’t get me wrong John smith, I like and respect you a lot. I used to have my doubts about your capabilities, but tbh your economical skills surpass that of almost anybody I know. That being said everyone makes mistakes. So do you. You are so proud of the ‘better then most mmo’ gw2 setup, that you think any small change, is negligable to the grand design and as such disqualifies as big issue (like inflation). But they are there. I’m a photographer. While i take good pictures, i’m not perfect myself either. Sometimes i rely to much on the equipment (a good camera, rather then good photographer), or I don’t listen enough to feedback. Sometimes I think my picture is perfect, because it was it fits my Idea. While this is very subjective, there are always ways to improve a picture. I think the same can be said about you. You have a very good economy setup to be proud of. But please stop dying problems that might actually exist. Denial prevents learning from mistake and in the end becoming better.

To put this in perspective: Basic materials haven’t inflated much. I agree on that. As a new player i used those quite a bit (crafting etc). I now finished almost all of those goals. I play a lot, do almost anything, and even for non ‘ultra luxury’ (legendary) things: the only thing that matters is t5+ but mostly t6. I think we reached a time where the only thing to move forward for even remotely veteran players = luxury goods. And all of those become vastly more expensive: t6, mini’s, etc. Or in a politically/economically 100% correct sentence (learned that from you JS): The newer player economy is not inflating at all or not much. The global economy is inflating a little bit. The veteran focused economy is inflating badly. These sub economies exist. You should look at the last one.

PS for all the inflation definition passionate people: Replace inflation in my text by ‘price increase’, and your point becomes moot. Ye ye ye inflation in only general good. But who are you to say t6 isnt a general good? It’s used in litteraly every endgame. That’s your problem for not being open enough, not our problem Ayrilana, supposed inflation master. Inflation is based on general goods. General goods have no clear definition when they exactly flow into luxury. There is a grey zone. That means the source of inflation is not 100% defined, by by that inflation is not 100% defined.

Legendary weapons can be hidden now!
No excuse anymore for not giving ‘hide mounts’-option
No thanks to unidentified weapons.

(edited by Phoebe Ascension.8437)

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Posted by: Mckeone.9804

Mckeone.9804

Loosen the tinfoil hat a bit, bro.

Also, every time I hear someone rant about inflation, this line comes to mind:

You keep using that word. I do not think it means what you think it means.

(edited by Mckeone.9804)

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Posted by: Ayrilana.1396

Ayrilana.1396

Wow. People really need to look up inflation and exactly how it is measured. Also a little reading on supply and demand doesn’t hurt either.

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Posted by: laokoko.7403

laokoko.7403

I think Anet are trying to boost the price of certain items, for example mini pet. That is obvious.

I’m not sure if skins will rise in price that much. Since the Wardrobe already reflect on it a while ago.

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Posted by: Allisa Wonderland.8192

Allisa Wonderland.8192

You keep using that word. I do not think it means what you think it means.

So much this. It’s a wonder that Mr. Smith even bothers to look a these messages. It would drive me crazy.

Actually, it does already, and it’s not even my job!

Farming items limits inflation. If you are able to understand WHY this is true, you might just know what inflation is.

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Posted by: Mystic.5934

Mystic.5934

I imagine it’s more for entertainment/see what everyone has to say than engaging in a discussion.

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Posted by: Elestian.6134

Elestian.6134

However it hurts me to see you still deny there’s inflation (and lately pretty bad one at that), when there is.

I’m fairly certain I recall John Smith acknowledging that there is inflation and that it’s “very well controlled.”

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Posted by: Ensign.2189

Ensign.2189

I’m fairly certain I recall John Smith acknowledging that there is inflation and that it’s “very well controlled.”

Yes, but please, please understand that he is using the term correctly when he says that, not in one of the many ways that the term is misused. The game has periods of inflation, and periods of deflation – the ‘price’ of money does bounce around as things change – but there is very little, if any, structural, long term inflation in the game.

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Posted by: Vol.7601

Vol.7601

People here, day in day out continue to not understand the term inflation and keep throwing it out there to try to make their post seem smart or well thought out.

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Posted by: Ensign.2189

Ensign.2189

People here, day in day out continue to not understand the term inflation and keep throwing it out there to try to make their post seem smart or well thought out.

There is also a massive disinformation campaign in the real world about inflation. It’s not just that people are using the term wrong, it’s that they’ve been taught to use it wrong on purpose, and it makes discussing anything economic with a lay audience way, way more difficult than it should be.

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Posted by: Ayrilana.1396

Ayrilana.1396

People here, day in day out continue to not understand the term inflation and keep throwing it out there to try to make their post seem smart or well thought out.

There is also a massive disinformation campaign in the real world about inflation. It’s not just that people are using the term wrong, it’s that they’ve been taught to use it wrong on purpose, and it makes discussing anything economic with a lay audience way, way more difficult than it should be.

I disagree about it being on purpose. I consider it more of negligence. People learn about inflation from those that do not know about inflation but act like they do. It’d be like the OP thinking that they are correct going around convincing people that he is right. He’s not purposely trying to make people believe in something wrong since he actually believes it to be correct himself.

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Posted by: Essence Snow.3194

Essence Snow.3194

Also to note that there are other uses of the term inflation that may be used correctly when discussing things that do not have to share meaning with the economic definition even though when running in parallel with an economic discussion.

Serenity now~Insanity later

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Posted by: Ayrilana.1396

Ayrilana.1396

Also to note that there are other uses of the term inflation that may be used correctly when discussing things that do not have to share meaning with the economic definition even though when running in parallel with an economic discussion.

Well when people use it in relation to the economy then they should use the economic definition although I don’t see how it would be any different.

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Posted by: Ensign.2189

Ensign.2189

I disagree about it being on purpose.

Clarification: the common people are not using it wrong on purpose. The political/media engines driving the disinformation campaign are using it wrong on purpose.

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Posted by: Essence Snow.3194

Essence Snow.3194

Also to note that there are other uses of the term inflation that may be used correctly when discussing things that do not have to share meaning with the economic definition even though when running in parallel with an economic discussion.

Well when people use it in relation to the economy then they should use the economic definition although I don’t see how it would be any different.

What?

Let’s put it easier……Let’s use the word “tape” as an example.
ex) My tape broke, so I used tape to tape it up.

We can see via the example that one word can be used while discussing a subject and simultaneously have different meanings.

Now let’s apply that to “inflation”.
ex) The inflation of the price of gasoline was due to an OPEC accord, not inflation.

Serenity now~Insanity later

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Posted by: Ayrilana.1396

Ayrilana.1396

Also to note that there are other uses of the term inflation that may be used correctly when discussing things that do not have to share meaning with the economic definition even though when running in parallel with an economic discussion.

Well when people use it in relation to the economy then they should use the economic definition although I don’t see how it would be any different.

What?

Let’s put it easier……Let’s use the word “tape” as an example.
ex) My tape broke, so I used tape to tape it up.

We can see via the example that one word can be used while discussing a subject and simultaneously have different meanings.

Now let’s apply that to “inflation”.
ex) The inflation of the price of gasoline was due to an OPEC accord, not inflation.

No. You’re just grasping at straws as it’s clear that you do not know what inflation is.

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Posted by: Essence Snow.3194

Essence Snow.3194

Also to note that there are other uses of the term inflation that may be used correctly when discussing things that do not have to share meaning with the economic definition even though when running in parallel with an economic discussion.

Well when people use it in relation to the economy then they should use the economic definition although I don’t see how it would be any different.

What?

Let’s put it easier……Let’s use the word “tape” as an example.
ex) My tape broke, so I used tape to tape it up.

We can see via the example that one word can be used while discussing a subject and simultaneously have different meanings.

Now let’s apply that to “inflation”.
ex) The inflation of the price of gasoline was due to an OPEC accord, not inflation.

No. You’re just grasping at straws as it’s clear that you do not know what inflation is.

What part of that was incorrect?

Serenity now~Insanity later

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Posted by: Ayrilana.1396

Ayrilana.1396

Also to note that there are other uses of the term inflation that may be used correctly when discussing things that do not have to share meaning with the economic definition even though when running in parallel with an economic discussion.

Well when people use it in relation to the economy then they should use the economic definition although I don’t see how it would be any different.

What?

Let’s put it easier……Let’s use the word “tape” as an example.
ex) My tape broke, so I used tape to tape it up.

We can see via the example that one word can be used while discussing a subject and simultaneously have different meanings.

Now let’s apply that to “inflation”.
ex) The inflation of the price of gasoline was due to an OPEC accord, not inflation.

No. You’re just grasping at straws as it’s clear that you do not know what inflation is.

What part of that was incorrect?

The part that you don’t know the meaning of inflation and then try to make up some ridiculous example.

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Posted by: Gnat.9405

Gnat.9405

Why does the offer doesn’t goes up as fast as the demand?

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Posted by: Wanze.8410

Wanze.8410

Why does the offer doesn’t goes up as fast as the demand?

Because of mounts.

Tin Foil [HATS]-Hardcore BLTC-PvP Guild
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Posted by: Essence Snow.3194

Essence Snow.3194

Also to note that there are other uses of the term inflation that may be used correctly when discussing things that do not have to share meaning with the economic definition even though when running in parallel with an economic discussion.

Well when people use it in relation to the economy then they should use the economic definition although I don’t see how it would be any different.

What?

Let’s put it easier……Let’s use the word “tape” as an example.
ex) My tape broke, so I used tape to tape it up.

We can see via the example that one word can be used while discussing a subject and simultaneously have different meanings.

Now let’s apply that to “inflation”.
ex) The inflation of the price of gasoline was due to an OPEC accord, not inflation.

No. You’re just grasping at straws as it’s clear that you do not know what inflation is.

What part of that was incorrect?

The part that you don’t know the meaning of inflation and then try to make up some ridiculous example.

You mean like how economic inflation over the years can account for the continual rise in prices of good and services? or That the purchasing power of a currency decreases relative to the amount purchased?

Yep, no earthly idea…….

Serenity now~Insanity later

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Posted by: Ayrilana.1396

Ayrilana.1396

Also to note that there are other uses of the term inflation that may be used correctly when discussing things that do not have to share meaning with the economic definition even though when running in parallel with an economic discussion.

Well when people use it in relation to the economy then they should use the economic definition although I don’t see how it would be any different.

What?

Let’s put it easier……Let’s use the word “tape” as an example.
ex) My tape broke, so I used tape to tape it up.

We can see via the example that one word can be used while discussing a subject and simultaneously have different meanings.

Now let’s apply that to “inflation”.
ex) The inflation of the price of gasoline was due to an OPEC accord, not inflation.

No. You’re just grasping at straws as it’s clear that you do not know what inflation is.

What part of that was incorrect?

The part that you don’t know the meaning of inflation and then try to make up some ridiculous example.

You mean like how economic inflation over the years can account for the continual rise in prices of good and services? or That the purchasing power of a currency decreases relative to the amount purchased?

Yep, no earthly idea…….

Congrats. Now apply it to this game rather than try to make up some double meaning for the word.

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Posted by: Essence Snow.3194

Essence Snow.3194

Also to note that there are other uses of the term inflation that may be used correctly when discussing things that do not have to share meaning with the economic definition even though when running in parallel with an economic discussion.

Well when people use it in relation to the economy then they should use the economic definition although I don’t see how it would be any different.

What?

Let’s put it easier……Let’s use the word “tape” as an example.
ex) My tape broke, so I used tape to tape it up.

We can see via the example that one word can be used while discussing a subject and simultaneously have different meanings.

Now let’s apply that to “inflation”.
ex) The inflation of the price of gasoline was due to an OPEC accord, not inflation.

No. You’re just grasping at straws as it’s clear that you do not know what inflation is.

What part of that was incorrect?

The part that you don’t know the meaning of inflation and then try to make up some ridiculous example.

You mean like how economic inflation over the years can account for the continual rise in prices of good and services? or That the purchasing power of a currency decreases relative to the amount purchased?

Yep, no earthly idea…….

Congrats. Now apply it to this game rather than try to make up some double meaning for the word.

Made up meaning? Your kidding right? Please tell me you have more sense than that.

1 : an act of inflating : a state of being inflated: as
a : distension
b : a hypothetical extremely brief period of very rapid expansion of the universe immediately following the big bang
c : empty pretentiousness : pomposity

There’s no rule stating that that meaning cannot be used while in conjunction with the other.

Serenity now~Insanity later

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Posted by: Ayrilana.1396

Ayrilana.1396

You forget that there’s a specific definition listed for when it pertains to economics. But I’m sure you saw that and just omitted it from your post.

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Posted by: Essence Snow.3194

Essence Snow.3194

You forget that there’s a specific definition listed for when it pertains to economics.

That was the whole point of the word “other” at the end of my prior post.

Serenity now~Insanity later

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Posted by: Ayrilana.1396

Ayrilana.1396

You forget that there’s a specific definition listed for when it pertains to economics.

That was the whole point of the word “other” at the end of my prior post.

And I bolded the part of my post you are not understanding.

When it comes to economics, there’s only one definition for inflation.

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Posted by: Essence Snow.3194

Essence Snow.3194

You forget that there’s a specific definition listed for when it pertains to economics.

That was the whole point of the word “other” at the end of my prior post.

And I bolded the part of my post you are not understanding.

When it comes to economics, there’s only one definition for inflation.

lol Thanks for this……Gold Jerry Gold!

This is exactly where your mistake is. Look it up….ask around…..or simply just give it a second or two of thought.

It’s the Highlander of definitions…there can be only one……lmao!

Serenity now~Insanity later

(edited by Essence Snow.3194)

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Posted by: Ayrilana.1396

Ayrilana.1396

You forget that there’s a specific definition listed for when it pertains to economics.

That was the whole point of the word “other” at the end of my prior post.

And I bolded the part of my post you are not understanding.

When it comes to economics, there’s only one definition for inflation.

lol Thanks for this……Gold Jerry Gold!

This is exactly where your mistake is. Look it up….ask around…..or simply just give it a second or two of thought.

It’s the Highlander of definitions…there can be only one……lmao!

Uh huh. Inflation involves the rise in prices of general goods. When people talk about inflation, they’re using that term but misusing it.

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Posted by: Ensign.2189

Ensign.2189

If you post, say:

‘Dusk has inflated 100% in 60 days!’

That reads exactly the same to me as:

‘Dusk has expanded 100% in 60 days!’

In either case, I get your meaning, but since you’re using big words incorrectly I assume you’re a newbie. Still, this is innocuous.

If you posted:

‘Dusk has expanded 100% in 60 days this is scandalous!’

I’m going to put on the kid gloves, but we’re going to discuss whether or not such a price increase justifies outrage.

If on the other hand you post:

‘Dusk has expanded 100% in 60 days, inflation is out of control!’

Then we are going to discuss whether or not inflation is out of control.

In all of the above cases, using big words when you do not know what they mean makes what you are trying to say really unclear. You don’t get bonus points for using big words. They are useful for communicating nuances, but if that is beyond you, you’re just being obtuse and really shouldn’t be surprised if people don’t get your meaning or take the conversation in a totally different direction.

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Posted by: Ayrilana.1396

Ayrilana.1396

Since you love words with double meaning.

“I made the water run.”

Did I have the water run as I turned it on and let it flow or did I make the water run as you do in a race? See how they’re the same word but have different meaning in their definition? It depends on the context in which the word is being used. This is what I was getting at with inflation. There’s only one definition for inflation when it pertains to the economy.

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Posted by: Wanze.8410

Wanze.8410

You forget that there’s a specific definition listed for when it pertains to economics.

That was the whole point of the word “other” at the end of my prior post.

And I bolded the part of my post you are not understanding.

When it comes to economics, there’s only one definition for inflation.

lol Thanks for this……Gold Jerry Gold!

This is exactly where your mistake is. Look it up….ask around…..or simply just give it a second or two of thought.

It’s the Highlander of definitions…there can be only one……lmao!

Are there more than one definition for the economic term of currency inflation?

Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.

Boost the Inflation

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Posted by: Ensign.2189

Ensign.2189

Are there more than one definition for the economic term of currency inflation?

If you really want to split hairs, there is a single, well defined construct, but several different operationalizations.

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Posted by: Erukk.1408

Erukk.1408

I imagine it’s more for entertainment/see what everyone has to say than engaging in a discussion.

I would have jokingly suggested that maybe the John Smiths have a drinking game for it, and they pull up a thread and take a shot every time someone uses inflation incorrectly, but that would be impossible. Because if they did that, they would have all died of alcohol poisoning a long long time ago.

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Posted by: Essence Snow.3194

Essence Snow.3194

You forget that there’s a specific definition listed for when it pertains to economics.

That was the whole point of the word “other” at the end of my prior post.

And I bolded the part of my post you are not understanding.

When it comes to economics, there’s only one definition for inflation.

lol Thanks for this……Gold Jerry Gold!

This is exactly where your mistake is. Look it up….ask around…..or simply just give it a second or two of thought.

It’s the Highlander of definitions…there can be only one……lmao!

Are there more than one definition for the economic term of currency inflation?

Not that I’m aware of. It’s (A) basically printing money without upping goods and services, which means there has to be price inflation (B). B being a necessary condition of A, but A not being a necessary condition of B.

Serenity now~Insanity later

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Posted by: tolunart.2095

tolunart.2095

I imagine it’s more for entertainment/see what everyone has to say than engaging in a discussion.

I would have jokingly suggested that maybe the John Smiths have a drinking game for it, and they pull up a thread and take a shot every time someone uses inflation incorrectly, but that would be impossible. Because if they did that, they would have all died of alcohol poisoning a long long time ago.

Nah, instead of drinking every time someone uses the term wrong they log into the game, buy a random precursor, and salvage it. They had to stop the game, though, they are running out of precursors.

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Posted by: eithinan.9841

eithinan.9841

Congrats. Now apply it to this game rather than try to make up some double meaning for the word.

I inflated my balloon

Attachments:

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Posted by: Ayrilana.1396

Ayrilana.1396

Congrats. Now apply it to this game rather than try to make up some double meaning for the word.

I inflated my balloon

I covered this in one of the other threads. When using inflation for an economic currency, you use the economic definition of it. When you look up the definition for inflation, or inflate, you will see that there’s an economic meaning. That’s the one that is used.

(edited by Ayrilana.1396)

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Posted by: Harny.6012

Harny.6012

@OP: its actually the other way around.
They implemented new, global, indirect gold sinks.
Thats a good thing.
Stop alarming players around you.

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Posted by: eithinan.9841

eithinan.9841

Congrats. Now apply it to this game rather than try to make up some double meaning for the word.

I inflated my balloon

I covered this in one of the other threads. When using inflation for an economic currency, you use the economic definition of it. When you look up the definition for inflation, or inflate, you will see that there’s an economic meaning. That’s the one that is used.

your exact words were

Congrats. Now apply it to this game rather than try to make up some double meaning for the word.

No specification there with having anything to do with economics of gw2.

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Posted by: Wanze.8410

Wanze.8410

Congrats. Now apply it to this game rather than try to make up some double meaning for the word.

I inflated my balloon

I covered this in one of the other threads. When using inflation for an economic currency, you use the economic definition of it. When you look up the definition for inflation, or inflate, you will see that there’s an economic meaning. That’s the one that is used.

your exact words were

Congrats. Now apply it to this game rather than try to make up some double meaning for the word.

No specification there with having anything to do with economics of gw2.

Ok, is your inflated balloon in any way negatively impacting your or somebody elses game experience or imbalances the economy?

No?

You just established that inflation is not a problem for the game.

Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.