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Is Eve experiencing a general inflationary trend?
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Anya Ohaya
School of Applied Knowledge
Caldari State
#21 - 2011-11-14 09:56:44 UTC
Adunh Slavy wrote:

And you clearly have no clue as to the meaning of monetary inflation, thanks for playing.


Try harder. Monetary inflation will certainly manifest as a general price rise.

If you want to make a case that there is non-monetary inflation happening, go ahead.
Adunh Slavy
#22 - 2011-11-14 11:29:32 UTC
Anya Ohaya wrote:
Adunh Slavy wrote:

And you clearly have no clue as to the meaning of monetary inflation, thanks for playing.


Try harder. Monetary inflation will certainly manifest as a general price rise.

If you want to make a case that there is non-monetary inflation happening, go ahead.



It looks like you may have finally decided to go look it up but still fall short of comprehension. That or are trying to weasel your way out of the straw man you accidentally blundered into, created by your ignorance inspired equivocation.

And where, since you seem to know more now that you did a day ago, will this monetary inflation manifest first?

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt
Dinsdale Pirannha
Pirannha Corp
#23 - 2011-11-14 13:40:13 UTC
People, I guess my OP opened up a can of worms.
No real consensus, surprise, surprise.

But from I am reading here, plus the links to CCP info provided by some of the posters, there is generally some inflation occurring.
Anya Ohaya
School of Applied Knowledge
Caldari State
#24 - 2011-11-14 23:43:14 UTC
Adunh Slavy wrote:
Anya Ohaya wrote:
Adunh Slavy wrote:

And you clearly have no clue as to the meaning of monetary inflation, thanks for playing.


Try harder. Monetary inflation will certainly manifest as a general price rise.

If you want to make a case that there is non-monetary inflation happening, go ahead.



It looks like you may have finally decided to go look it up but still fall short of comprehension. That or are trying to weasel your way out of the straw man you accidentally blundered into, created by your ignorance inspired equivocation.

And where, since you seem to know more now that you did a day ago, will this monetary inflation manifest first?


Sheesh reading comprehension fail much???

It would manifest everywhere. Everywhere. Read it again - everywhere. Why is that so hard to comprehend?
Adunh Slavy
#25 - 2011-11-15 00:31:23 UTC
Anya Ohaya wrote:
Sheesh reading comprehension fail much???

It would manifest everywhere. Everywhere. Read it again - everywhere. Why is that so hard to comprehend?


Still proving you do not know the difference between the vulgar term "inflation" and the specific term "monetary inflation".

It's really easy to stop looking like an ass, go to goole, search on "monetary inflation" and go read what it is. I don't fault you for your ignorance, but I will fault you for carrying on like a clown. So get your big danm shoes off my porch and go crack a book, bozo.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt
Anya Ohaya
School of Applied Knowledge
Caldari State
#26 - 2011-11-16 09:53:24 UTC
Adunh Slavy wrote:
Anya Ohaya wrote:
Sheesh reading comprehension fail much???

It would manifest everywhere. Everywhere. Read it again - everywhere. Why is that so hard to comprehend?


Still proving you do not know the difference between the vulgar term "inflation" and the specific term "monetary inflation".

It's really easy to stop looking like an ass, go to goole, search on "monetary inflation" and go read what it is. I don't fault you for your ignorance, but I will fault you for carrying on like a clown. So get your big danm shoes off my porch and go crack a book, bozo.


You might want consider consulting in depth sources than the first hit on Google.

Monetary inflation will cause a general price rise. A general price rise will only happen because of an increase in the money supply. General price rises are obvious and easy to measure .


  1. The relation between the money supply and inflation is taught in first year economic classes. More money = inflation
  2. History has provided numerous examples to back up the theory - pre-Nazi Germany, Argentina, Zimbawe


One-off and isolated prices rises are not inflation; and are unlikely to be related to the money supply. There are good reasons why Plex prices, and PI prices, and oxytope prices are rising, and they have nothing to do with the supply of ISK.
Jarnis McPieksu
Aliastra
Gallente Federation
#27 - 2011-11-16 11:20:39 UTC  |  Edited by: Jarnis McPieksu
I think there is a small inflationary trend due to a double-whammy;

- Incursions pushing new ISK out like a firehose
- Large sums of previously "frozen up" ISK re-entering the economy as :bittervets: resub due to devblog barrage of epic shiny spaceship things

The second bit is probably a lot bigger influence than Incursions. Most 5+yr old bittervet accounts that unsubbed over the past year had billions of ISK that effectively stopped moving in the economy, flatlining inflation. Now the dams are opening...

I expect prices of popular PvP hardware to inch up over the next month or two.
Block Ukx
420 Enterprises.
#28 - 2011-11-16 11:25:10 UTC



Current trend in 90-D MRD says yes.
Adunh Slavy
#29 - 2011-11-16 13:00:57 UTC
Anya Ohaya wrote:
One-off and isolated prices rises are not inflation; and are unlikely to be related to the money supply. There are good reasons why Plex prices, and PI prices, and oxytope prices are rising, and they have nothing to do with the supply of ISK.



And you remain under the illusion that price increases will happen every where at the same time. Feel free to prove your assertion.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt
Anya Ohaya
School of Applied Knowledge
Caldari State
#30 - 2011-11-17 00:18:36 UTC
Adunh Slavy wrote:
Anya Ohaya wrote:
One-off and isolated prices rises are not inflation; and are unlikely to be related to the money supply. There are good reasons why Plex prices, and PI prices, and oxytope prices are rising, and they have nothing to do with the supply of ISK.



And you remain under the illusion that price increases will happen every where at the same time. Feel free to prove your assertion.


Germany, Argentina, Zimbabwe, just of the top of my head. There are plenty of examples, from the middle ages right through to the last decade. Increases in the money supply always lead to general price rises.
El 1974
Green Visstick High
#31 - 2011-11-17 06:50:01 UTC
It is not as simple as you make it seem. During the early days of the current depression, we had some deflation, central banks increased the money supply and nothing happened.

Before the depression we had 2 decades where governments and central banks could increase the money supply without accellerating price inflation. Politicians were thrilled: we can have free economic growth. Inflation only manifested itself in a few isolated markets (stocks, raw materials, real estate). And then the markets crashed.

The current rise of a few isolated items (PLEX, isotopes). combined with the increasing monetary base indicates that the Eve economy could very well be suffering very similar problems.
Adunh Slavy
#32 - 2011-11-17 23:41:07 UTC
Anya Ohaya wrote:

Germany, Argentina, Zimbabwe, just of the top of my head. There are plenty of examples, from the middle ages right through to the last decade. Increases in the money supply always lead to general price rises.



Instead of proving your assertion, you talk about oranges.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt
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