tag:blogger.com,1999:blog-1597676555600759067.post8013807375460623277..comments2024-03-22T08:28:53.318+00:00Comments on marketsforISK: Is there Inflation in Eve Online? Yes, of sorts.Crodahttp://www.blogger.com/profile/16620994327943613623noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1597676555600759067.post-63062389580596564362019-11-21T15:03:32.336+00:002019-11-21T15:03:32.336+00:00Essentially PLEX is utilized to buy Omega Clone Ti...Essentially <a href="https://mmoauctions.com/eve-online/plex" rel="nofollow">PLEX</a> is utilized to buy Omega Clone Time. To do as such, essentially open your PLEX Vault and select "Include Omega Game Time" button. There is additionally a likelihood to give Omega Clone Time to other record by utilizing "Purchase Gift" catch to blessing it to any character in EvE. Thusly you can oversee Omega Clones on different records without extreme relogging or simply blessing some top notch time to your companions in New Eden.Martihttps://www.blogger.com/profile/14122208932026447560noreply@blogger.comtag:blogger.com,1999:blog-1597676555600759067.post-70470782125519119482014-11-01T17:07:10.681+00:002014-11-01T17:07:10.681+00:00Essentially PLEX is a measure of who has to play b...Essentially PLEX is a measure of who has to play by paying currency directly and who gets to play by paying with time/in-game effort. The exchange of PLEX to ISK is the market mediating this relationship. I would argue that PLEX, not ISK, is the true measure of value in eve.<br /><br />Absent PLEX in Eve everyone would be making their decisions based solely on how much ISK they needed to accomplish in-game goals. They would subscribe and let accounts relapsed based on out of game personal economic factors which would then determine the scope of their in-game ambitions.<br /><br />With PLEX in the game, a large segment of the players now have an additional economic factor that can drive their decision making and it quickly becomes the dominant factor since it directly ties to those RL personal factors. What player in the game doesn't imagine that buying PLEX in order to play the game "for free" would be better than paying currency. The current RL economic conditions in the US/EURO/JPN are abysmal for large segments of society ... bargain seeking behavior is the operational factor.<br /><br />What we are seeing in EVE is that more players want to save their currency and play for PLEX ---- this is almost certainly driven by out-of-game economics and not in-game economics. More demand for PLEX is driven by players wanting to save money and pay with "time" and therefore the in-game market is reflecting that fact.Ragellehttps://www.blogger.com/profile/10285176601838226959noreply@blogger.comtag:blogger.com,1999:blog-1597676555600759067.post-88730451153283225782014-11-01T07:16:14.238+00:002014-11-01T07:16:14.238+00:00I think you're describing the superior good ef...I think you're describing the superior good effect.<br /><br />RE Inflation: Wasn't there something in the CSM minutes about the new manufacturing and team costs having a deflationary effect and that they were considering adding new isk sources to off set it?<br /><br />We should set up a CPI basket for eve so we can measure this stuff.TheTinCookhttps://www.blogger.com/profile/03621725466819188876noreply@blogger.comtag:blogger.com,1999:blog-1597676555600759067.post-40131712553866183332014-10-31T14:06:11.977+00:002014-10-31T14:06:11.977+00:00When Plex was created it became the defacto Reserv...When Plex was created it became the defacto Reserve currency of eve replacing ISK as the dominate currency. If you rework your prices in terms of PLEX and accept that PLEX itself is the measure of "living standards" in EVE then yes we have and are experiencing inflation in EVE (both economic and monetary). An analogy would be Oil priced in dollars (US$ reserve currency for the worlds most essential good, plex is a combo as a currency and good) Even if the price of food in Europe remains at exactly the same Nominal Price this year as last, if the exchange of dollars to euros appreciates then the "price" of Food just experienced inflation relative to dollars/oil. No numbers other than the exchange rate had to change to create the effect of inflationRagellehttps://www.blogger.com/profile/10285176601838226959noreply@blogger.comtag:blogger.com,1999:blog-1597676555600759067.post-27438760431820006692014-10-30T12:59:51.329+00:002014-10-30T12:59:51.329+00:00Economic inflation - a general increase in prices ...Economic inflation - a general increase in prices over time, there's none really in Eve.<br />Monetary inflation - an increase in the amount of money in the economy, there's plenty of that in Eve<br /><br />When players talk about inflation they usually mean economic inflation, the price of goods.MoxNixhttps://www.blogger.com/profile/12407914481361718041noreply@blogger.comtag:blogger.com,1999:blog-1597676555600759067.post-40550511008042173322014-10-29T23:18:10.237+00:002014-10-29T23:18:10.237+00:00Quite so, the ultimate currency in a video game is...Quite so, the ultimate currency in a video game is player time and that is buying more than it used to (and is worth more).Stabshttps://www.blogger.com/profile/08716211705647213383noreply@blogger.comtag:blogger.com,1999:blog-1597676555600759067.post-13070006463853592622014-10-29T23:00:23.672+00:002014-10-29T23:00:23.672+00:00Yes, I know. But I suspect to most playing Eve th...Yes, I know. But I suspect to most playing Eve they see their required ISK spend rising and deem that to be "inflation". As you point out, it is not the definition of inflation.<br /><br />It is perhaps more like operating in a business that is seeing rising regulatory costs (power generation, for example) and so the cost of staying in that business is rising.<br />Crodahttps://www.blogger.com/profile/16620994327943613623noreply@blogger.comtag:blogger.com,1999:blog-1597676555600759067.post-7454150511208773002014-10-29T21:39:51.682+00:002014-10-29T21:39:51.682+00:00Yeah...but that is not anyway at all inflation. Li...Yeah...but that is not anyway at all inflation. Like not just 'not technically', it is not inflation.<br /><br />Valid point in general but your initial premos is misleading.<br /><br />Its the equivalent of buying an aeroplane and a palace and complaining that you suffer from inflation because your standard of living has become more afluent.Anonymoushttps://www.blogger.com/profile/10866408238576366145noreply@blogger.com