These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

EVE General Discussion

 
  • Topic is locked indefinitely.
12Next page
 

Happy DEFLATION is the counter of MAD INFLATION?!?

Author
DarthNefarius
Minmatar Heavy Industries
#1 - 2012-03-19 17:09:20 UTC
Over the past 4-5 years since 2007 we've experiencence deflation ( source http://www.evenews24.com/2012/03/19/eve-morning-weekend-report-31912/ around 21 minute mark ) Only recently (past year) have we seen inflation. This inflation has correlated with Incursions and many think Incursions have caused the desirable inflation to check the BAD DEFLATION ( even though correlation does not necessarily mean causation )... we can thank Incursions runners I guess Lol according to many here in the Forums
Remember reasonable inflation is always better to any deflation in a game economy like this.
An' then Chicken@little.com, he come scramblin outta the    Terminal room screaming "The system's crashing! The system's    crashing!" -Uncle RAMus, 'Tales for Cyberpsychotic Children'
Anastasia Shimaya
Doomheim
#2 - 2012-03-19 17:13:29 UTC
Deflation? Might I suggest you read this post:
https://forums.eveonline.com/default.aspx?g=posts&t=79891&find=unread
DarthNefarius
Minmatar Heavy Industries
#3 - 2012-03-19 17:22:56 UTC
Anastasia Shimaya wrote:
Deflation? Might I suggest you read this post:
https://forums.eveonline.com/default.aspx?g=posts&t=79891&find=unread


YES DEfLATION THAT WAS OCCURING SINCE 2007! Please listen to the report. there was a bad problem with deflation until 2011 ( which happened to be around the time that Incursions started) remember in a game economy Inflation is is good because it FORCES PEOPLE TO PLAY MORE rather then sitting on thier bums. With mild to moderate inflation you get more people playing tokeep up thier standard of living in Eve.
An' then Chicken@little.com, he come scramblin outta the    Terminal room screaming "The system's crashing! The system's    crashing!" -Uncle RAMus, 'Tales for Cyberpsychotic Children'
Vince Snetterton
#4 - 2012-03-19 17:43:03 UTC
What I find hysterical is the fact that all the people screaming about "INCURSIONS BAD, INFLATION BAD" are the same people screaming "NERF L4 MISSION PAYOUTS".

Logic of course has failed them, because they are far to stupid / selfish to recognize that L4 missions are a flat income, and inflation nerfs the payouts in relation to the rest of the economy.

If these same people really cared about the little guys in the game, that rely on L4's to pay for their ships and everything else would be screaming :" Hey CCP, BUFF L4 mission payouts. Introduce a cost of living allowance in L4 missions so the payouts match this so-called dreaded inflation."
baltec1
Bat Country
Pandemic Horde
#5 - 2012-03-19 17:53:07 UTC  |  Edited by: baltec1
The deflation was never a problem as it was not ever extream. Right now prices are getting on for double in as little as 6 months which means less pvp and less sales.

This sucks for both pvp and industry.

Vince Snetterton wrote:


If these same people really cared about the little guys in the game, that rely on L4's to pay for their ships and everything else would be screaming :" Hey CCP, BUFF L4 mission payouts. Introduce a cost of living allowance in L4 missions so the payouts match this so-called dreaded inflation."


No. Adding even more isk into the system is the last thing we need.
Liang Nuren
No Salvation
Divine Damnation
#6 - 2012-03-19 17:55:44 UTC
Vince Snetterton wrote:
What I find hysterical is the fact that all the people screaming about "INCURSIONS BAD, INFLATION BAD" are the same people screaming "NERF L4 MISSION PAYOUTS".


Its more funny than that, actually. Then CCP comes along and says they're going to nerf Incursions and bounties and they're still not happy. ;-)

Still, I think Incursions are a bit too wild for personal ISK making. /shrug

-Liang

I'm an idiot, don't mind me.

Yoma Karima
Deep Core Mining Inc.
Caldari State
#7 - 2012-03-19 17:56:29 UTC
Shockedthe sky is fallingShocked

Those who wish to end War wish to end what it means to be human. Those who advocate War do not know its power. Yet Those who learn from War will be remembered for all time.

Dror Roidcrusher
Balls of Megacyte
#8 - 2012-03-19 18:14:10 UTC
OP is about as much in touch with operational reality as most posters in the 30+ page inflation whine thread
Grumpy Owly
Imperial Shipment
Amarr Empire
#9 - 2012-03-19 18:36:26 UTC  |  Edited by: Grumpy Owly
DarthNefarius wrote:
Anastasia Shimaya wrote:
Deflation? Might I suggest you read this post:
https://forums.eveonline.com/default.aspx?g=posts&t=79891&find=unread


YES DEfLATION THAT WAS OCCURING SINCE 2007! Please listen to the report. there was a bad problem with deflation until 2011 ( which happened to be around the time that Incursions started) remember in a game economy Inflation is is good because it FORCES PEOPLE TO PLAY MORE rather then sitting on thier bums. With mild to moderate inflation you get more people playing tokeep up thier standard of living in Eve.


The deflationary aspects are nothing to do with the earning of money. Its a reduction in the sales of consumer products. In this sense its the lack of people actually spending the money they have on consumerables that was/is causing the price indices falling or a lack of money velocity that compounds the problem of available money even further when looking at economic issues.

The deflationary aspects of a falling consumer price index (or people not buying goods) as presented by CCP dont show LP or contracts related purchases however. So its hard to say how much is "invisible" in terms of investment and spending or who is doing it.

In short we need people to spend the money they have on various assests. This can either be done by people generally investing in infrastructure or products that in turn are used to create other products. But of course we need more people to have good cause to buy these things in order to do so.

You could say that the long term issue of this is we need to improve the level of conflict. Since changes to income will only help to stabalise isk generation. But if people are simply not spending their money and keeping it then the long term problem of consumer products will be effected.

As such the initial tweeks CCP are introducing to stabalise things from an ISK income point of view I see as a short term stabaliser.

Inferno is likley going to be a welcome introduction, along with any other initiatives that can help to encourage reasonable levels of PvP interactions.

Another thing that CCP could do is introduce more "new" popular products that would initially help to remove isk with BPO purchases but also add further purchasing opportunities that would tempt individuals to ustilise. To some extent consumables (similar to ammunition or pos fuel etc) would be more desirable in this process as a result since it makes people purchase goods more regularly.

So at the moment, if you want to help EvE the best thing you can do is if you have money is open your wallet and buy things. Or even invest in small buisness opportunities that help to improve the utilisation of lower tier products for other income opportunities. But at least in this case your speculation is a transferance of isk, improving money velocity in the market as opposed to simply just stagnating. This could be a more preferable method of reducing relative prices by competetion in products where opportunities exist and are growing out of control. As opposed to letting your isk be worth more if you are rich but others are suffering with some occurences of high prices.
DarthNefarius
Minmatar Heavy Industries
#10 - 2012-03-19 18:41:45 UTC
Liang Nuren wrote:
Vince Snetterton wrote:
What I find hysterical is the fact that all the people screaming about "INCURSIONS BAD, INFLATION BAD" are the same people screaming "NERF L4 MISSION PAYOUTS".


Its more funny than that, actually. Then CCP comes along and says they're going to nerf Incursions and bounties and they're still not happy. ;-)

Still, I think Incursions are a bit too wild for personal ISK making. /shrug

-Liang



CCP hasn't said they are going to be NERFing Incursions... a CCP employee has said he's keeping a close eye on it (inflation) & doen't see Incursions as a major blip in the economy ( compared to other faucets both mineral & ISK I assume ) & the trolls here have run away with his single quote to make it look like they are going to majorly NERF it & the sky is falling.
I'd be surprised if Incursions are changed significantly before the Summer TBH
But back to the thread about deflation versus inflation it appears that the ISK faucet did have to be turned on due to some previous deflation in the economy. I'd next be scared if drones are changed to bounties because there seems to be a happy medium right now with mild to moderate inflation in the economy.
An' then Chicken@little.com, he come scramblin outta the    Terminal room screaming "The system's crashing! The system's    crashing!" -Uncle RAMus, 'Tales for Cyberpsychotic Children'
Liang Nuren
No Salvation
Divine Damnation
#11 - 2012-03-19 18:44:37 UTC  |  Edited by: Liang Nuren
DarthNefarius wrote:
Liang Nuren wrote:
Vince Snetterton wrote:
What I find hysterical is the fact that all the people screaming about "INCURSIONS BAD, INFLATION BAD" are the same people screaming "NERF L4 MISSION PAYOUTS".


Its more funny than that, actually. Then CCP comes along and says they're going to nerf Incursions and bounties and they're still not happy. ;-)

Still, I think Incursions are a bit too wild for personal ISK making. /shrug

-Liang



CCP hasn't said they are going to be NERFing Incursions... a CCP employee has said he's keeping a close eye on it (inflation) & doen't see Incursions as a major blip in the economy ( compared to other faucets both mineral & ISK I assume ) & the trolls here have run away with his single quote to make it look like they are going to majorly NERF it & the sky is falling.
I'd be surprised if Incursions are changed significantly before the Summer TBH
But back to the thread about deflation versus inflation it appears that the ISK faucet did have to be turned on due to some previous deflation in the economy. I'd next be scared if drones are changed to bounties because there seems to be a happy medium right now with mild to moderate inflation in the economy.


Yeah they did. Go read all the dev posts in that thread.

-Liang

Ed: I'm not totally up on the details, but it sounded like they were nerfing the "Blitzability" of the more profitable incursion sites.

I'm an idiot, don't mind me.

DarthNefarius
Minmatar Heavy Industries
#12 - 2012-03-19 18:44:42 UTC  |  Edited by: DarthNefarius
Dror Roidcrusher wrote:
OP is about as much in touch with operational reality as most posters in the 30+ page inflation whine thread

Have you listened to my citation in the OP ( original post) ? It is around the 20 minute remark I recall where deflation was discussed.
An' then Chicken@little.com, he come scramblin outta the    Terminal room screaming "The system's crashing! The system's    crashing!" -Uncle RAMus, 'Tales for Cyberpsychotic Children'
Tobiaz
Spacerats
#13 - 2012-03-19 18:46:17 UTC
Vince Snetterton wrote:
What I find hysterical is the fact that all the people screaming about "INCURSIONS BAD, INFLATION BAD" are the same people screaming "NERF L4 MISSION PAYOUTS".

Logic of course has failed them, because they are far to stupid / selfish to recognize that L4 missions are a flat income, and inflation nerfs the payouts in relation to the rest of the economy.

If these same people really cared about the little guys in the game, that rely on L4's to pay for their ships and everything else would be screaming :" Hey CCP, BUFF L4 mission payouts. Introduce a cost of living allowance in L4 missions so the payouts match this so-called dreaded inflation."


It has more to do with the massive amount of income that can be earned relatively risk-free. The discussion about the Incursions is identical to that of the L4 missions before. Only now we DO have a big inflation in quite a few products. Most noticably PLEX, which has the 'gold standard' of a month playtime. So that gets included in the discussion and dominates it.

Are Incursions the reason behind the inflation? I doubt it, but they aren't helping either. Using Liang's analogy: it's a gardenhose in a bathtub that's already spilling over.

Operation WRITE DOWN ALL THE THINGS!!!  Check out the list at http://bit.ly/wdatt Collecting and compiling all fixes and ideas for EVE. Looking for more editors!

DarthNefarius
Minmatar Heavy Industries
#14 - 2012-03-19 18:46:38 UTC  |  Edited by: DarthNefarius
Liang Nuren wrote:
[quote=DarthNefarius][quote=Liang NurenYeah they did. Go read all the dev posts in that thread.

-Liang

Got a link? Too much chaff in the forums to search thru where is that needle in the haystack QuestionSad

What page? all I see is this
"#32 Posted: 2012.03.12 16:08 | Report Like 14 We're looking at the economy constantly and looking at our options.

One of the fundamental issues we have is that we're making everyone "better" at making money, so the effect kind of snowballs. Right now we're considering everything form increasing taxes to lowering bounties across the board."

That is nothing specific to anything TBH
An' then Chicken@little.com, he come scramblin outta the    Terminal room screaming "The system's crashing! The system's    crashing!" -Uncle RAMus, 'Tales for Cyberpsychotic Children'
Liang Nuren
No Salvation
Divine Damnation
#15 - 2012-03-19 18:48:22 UTC
Tobiaz wrote:

Are Incursions the reason behind the inflation? I doubt it, but they aren't helping either. Using Liang's analogy: it's a gardenhose n a bathtub that's already spilling over.


I realize that I drunkpoast occasionally, but I don't think that's my analogy. :)

-Liang

I'm an idiot, don't mind me.

Liang Nuren
No Salvation
Divine Damnation
#16 - 2012-03-19 18:49:45 UTC
DarthNefarius wrote:

Got a link? Too much chaff in the forums to search thru where is that needle in the haystack QuestionSad


I've got so many better things to do than to sort through dozens of pages of QQ from both sides. It was near the beginning of the thread... so maybe in the first 15 pages or so? Good luck! :)

-Liang

I'm an idiot, don't mind me.

Grumpy Owly
Imperial Shipment
Amarr Empire
#17 - 2012-03-19 18:59:40 UTC
Liang Nuren wrote:
DarthNefarius wrote:

Got a link? Too much chaff in the forums to search thru where is that needle in the haystack QuestionSad


I've got so many better things to do than to sort through dozens of pages of QQ from both sides. It was near the beginning of the thread... so maybe in the first 15 pages or so? Good luck! :)

-Liang


It surely doesn't matter as since when CCP announced a potential "carpet bombing" approach accross the board to NPC battleship bounties with relative tweaks as a shared reduction on a macro scale to make adjustments likley less imposing to any singular group, doesn't that also include incursions?
Liang Nuren
No Salvation
Divine Damnation
#18 - 2012-03-19 19:04:51 UTC
Grumpy Owly wrote:
Liang Nuren wrote:
DarthNefarius wrote:

Got a link? Too much chaff in the forums to search thru where is that needle in the haystack QuestionSad


I've got so many better things to do than to sort through dozens of pages of QQ from both sides. It was near the beginning of the thread... so maybe in the first 15 pages or so? Good luck! :)

-Liang


It surely doesn't matter as since when CCP announced a potential "carpet bombing" approach accross the board to NPC battleship bounties with relative tweaks as a shared reduction on a macro scale to make adjustments likley less imposing to any singular group, doesn't that also include incursions?


No, incursion rats don't have bounties. What I got from Soundwave was that they ARE nerfing the blitzable incursion sites (dev blog coming at or soon after fanfest). They may or may not be buffing other sites to help compensate - the details there are a bit murky for me because I don't actually run Incursions.

With regards to BS bounties - what I saw from that was that they're pondering whether they're going to introduce new ISK sinks, increase current ISK sinks, or nerf bounties. Maybe all three. Don't know, don't care - I'm content to know that they have an eye on the economy in entirety rather than just bounties or just Incursions.

-Liang

I'm an idiot, don't mind me.

Grumpy Owly
Imperial Shipment
Amarr Empire
#19 - 2012-03-19 19:08:58 UTC  |  Edited by: Grumpy Owly
Okay, well that's opened a whole level of new questions for me then. I'm not an incursion runner (obviously), and recognise that CCP will have a sensible focus as suggested to the economy overall.

But how then are the ISK rewards calulated for Incursions? Are they not proportionate to the number and type of rats you encounter?
Tippia
Sunshine and Lollipops
#20 - 2012-03-19 19:09:16 UTC
Vince Snetterton wrote:
What I find hysterical is the fact that all the people screaming about "INCURSIONS BAD, INFLATION BAD" are the same people screaming "NERF L4 MISSION PAYOUTS".
What's so hysterical about it? Both inject ISK into an economy that is already overflowing with ISK. It used to be that L4s were a worry, but that worry has since been overshadowed by the high efficiency of the incursion faucet.

Quote:
Logic of course has failed them, because they are far to stupid / selfish to recognize that L4 missions are a flat income, and inflation nerfs the payouts in relation to the rest of the economy.
…except that they're not exactly flat, and that, if your bath tub is overflowing because you left the tap open and put a garden hose in it, the garden hose doesn't become a good idea just because you've also redirected a waterfall through your bathroom.

You're confused about the issue and what the nerf in question needs to do: this is not a matter of a relative reduction in income potential — it's a matter of reducing the absolute amount of ISK flowing into the economy, and simply reducing L4 income relative to some other income source will not do that (in fact, it will most likely have the exact opposite of the desired effect).

DarthNefarius wrote:
CCP hasn't said they are going to be NERFing Incursions.
Yes they have. It's in the CSM reports and in the various threads on the topic. This alongside a couple of other reduction in the larger faucets (such as the aforementioned BS bounty reduction).
12Next page