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Monthly Economic Report - May 2016

First post
Author
Tipa Riot
Federal Navy Academy
Gallente Federation
#21 - 2016-06-11 17:13:06 UTC
Croda UK wrote:
i have put my review of the May economic report on my blog.

That said, i am very surprised Trade fell 14% - not sure if that is because the data is not able to pick up trade in the Citadel markets or because the focus on building Citadels / wind down in the war caused trade to fall.


Good analysis! The result with having trade volume reduced is the same we see in RL economies when introducing Tobin-taxes to penalize "non-productive" market speculation. It's a socialist project, where greed and profit without production is bad. Market speculation owns a good chunk of the volume, creates liquidity and counteracts price anomalies. The prohibitive tax drives those players off the market. For EvE, I'm not sure public Citadels will ever be able to compensate for that, which gives us a worse public market permanently. ...and we will see more of that reduction soon, when fees are doubled again.

I'm my own NPC alt.

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