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Is PLEX an ISK faucet?

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Julian Huxley
Solomon Bank and Trading Co.
#21 - 2014-04-24 20:08:13 UTC
Quote:

a) have an eccess of ISK that they wouldn't spend in any other way (they already have all the in-game assets they need)

a) injecting ISK into the general EVE economy, that otherwise would've just sat there in somebody's fat wallet


This is hinging on the bunk economics of 'idle resources'. Not using your resources is itself a use. It is to say you perceive your opportunity cost to be higher investing your ISK somewhere other than just sitting on it. If I have a massive stack of trit, and the price of trit plummets, are my resources truly idle when I keep my stack? Obviously not, I'm waiting for a better deal to come along, because I value the possibility of getting a better deal more than I value the pennies on the dollar I'd get for liquidating. The same is true if the price of trit had skyrocketed, maybe I think it's a sign of something bigger and better and want to wait to capture my profits.

Quote:

b) grind ISK fawcets (such as NPC bounties) specifically to acquire ISK to buy PLEX (meaning: they wouldn't grind if they didn't need PLEX)

b) stimulating people to use ISK fawcets, that otherwise they would've ignored


Given that idle resources are not in fact idle, what you've said here indicates that PLEX actually has an overall faucet effect.
Rthor
Smugglers Inc.
#22 - 2014-04-25 01:07:16 UTC
There are two sectors of Eve economy. One involves stuff that you can get while AFK or without risk. The other is the stuff that you can get if you are lucky and not AFK. The first sector is going to have a bias towards being in deflation. However, PLEX probably has inflationary effect on this second sector.

In other words, people may buy officer mods to trick out their large ship, but they are not going to buy tritanium with PLEX.
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