I'm sick and tired of this, let's do something about it!Follow

It's time to at least try to fix the economy. As of now (actually in 10 minutes when I get online) I am creating a LS called


'PreventBlackThursday'


You can get the picture of what our purpose is: Reset the Economy!

I know it has been highly debated before as to whether it is possible or not. Please do not turn this thread into a debate whether it is possible or not. I believe it will work and with cooperation, coordination, and time it is possible.

The Plan:

Gather tons of people sympathetic to the cause. We need a bank to be able to make a difference in the economy. Say at least 50k donation per person to get a pearl. This gil will be used to reset the prices on items, i.e. Boots, Pin, Signa, etc...

Once we have a large enough, force I guess we can call it. With coordination, everyone will be assigned a job, and a place to do it in. You will either be a 'Buyer' a 'Seller' or a 'Informer'.

Using this gil we've collected for people to join the LS, the 'Buyers' will one item at a time, buy out every AH in the game. Many different 'Buyers' so people don't see one person trying to do it. Same thing with 'Sellers' who will in turn set the prices down at a reasonable price we will discuss in the game. The 'Informers' will be shouting in the city zones (not spamming) that the prices on items have been reset and to not overbid any longer. That we will be keeping an eye on it for a while to ensure that the price does not jump back right away.

Now your thinking to yourself. How could this work. There's nowhere near enough gil and manpower to accomplish this. Imagine the size of your LS. Now imagine all the other LS's out there. Now imagine all of your friends lists. Can you imagine if we even got a fraction of that kind of people. I know just personally with the LS and friend list I have well over 100+ people I know.

This issue can be debated all we want on whether it can work or not. The only way to know for sure is to try.

Now who wants in? I'm posting on Allakhazam and KI then jumping on to claim the LS.

In the end, in the event it does not work it is only 50k and your time that has been wasted. But if it works. Can you imagine what has been accomplished. Dedication. Cooperation. Coordination. Time.

If you would like to help, post here or PM me.

In-game name is Gamion

[edit] KI thread link: http://ffxi.killvoid.com/forums.php?m=posts&p=783292#783292
[/edit]

Edited, Sun May 1 20:17:00 2005 by Gamion

I'm not familiar with what Hiptaru did. Wanna explain? ^^

I clearly stated in my first post that I didn't want this to become a debate on whether this would work or not. It has been debated endlessly and I believe on a large enough scale it can work. The only way to find out is to try.





Do you know 100% that it will not work? Has it been tried before on a large scale? What will we benefit from, by NOT trying. All we are doing is sitting around and talking about it. If we don't at least try, how will you know.



I'm sorry, what incident? As far as I know, Hiptaru was smart enough to check the POL website on what was going to be changed on the next update and he capitolized on that. To use your own argument against you, which you clearly state in the next paragraph. Who are you to decide if its doing more harm than good?




This thread is not about 'Hiptaru's astral ring incident'. But to be frank, he did not decide on the 'new' price of the Astral Ring. The coffer's no longer dropped them. They became a BCNM drop and thus much more rare. What happens when supply decreases and demand increases? The price rises. Yes he contributed to it, but he was not the sole cause. Another thing, you mentioned 'Who are you to say what price a signa or pin camper should get for his or her item?'
If anyone here prefers the price of these items to remain at 1million+ as opposed to say 300k? I would be very much interested in hearing from you and as to why.




The gas situation is possibly the 'worst' comparison you could have used. First of all did you know that America has plenty of its own gas to sustain itself, and the only reason they buy import is so that when the rest of the world is depleted we will still be sitting on plenty. Did you also know that America is now selling our oil to Japan because we can make more money from them, than selling to our own companies.
Second of all, where in my post did I say we were going to buy all the items we can and 'force' others to sell for less. Did you even stop and consider the size of the plan that I have put together. The amount of people involved? Who is to say that maybe once the price is reset at a lower standard no one will buy the high priced one's again for a while?

On a final note to recap. This idea has been debated enough as it is in other threads. Please do not post on whether you 'think' it will work or not. I 'believe' it will work, and the only way to find out, is to try rather than sitting here debating it.

In-game name is Gamion or PM me or post here. Thanks

http://ffxi.allakhazam.com/forum.html?forum=35&mid=110255478029083538&num=154

And Astral rings were never the same again. lol


Ahhh, the memories.

Edited, Mon May 2 03:05:18 2005 by Hiptaruu

This simply will not work.

Example. If you buys all items on the AH and sell it again on AH for cheaper price. I will just buy all your cheap price items and set it to normal price again. You will just benifit other people.

If you buy all the gas? (which is nearly impossible) and sell them on a cheaper price. Someone richer than you can just simply buy all the gas from you and sell it at the price they want. Your effort won't make any difference.

Yeah i kinda think understand how you feel. But the rich people wants to get richer, while poor people just want a living. You can't really do much about it.

Edited, Mon May 2 03:54:05 2005 by Moooooo

OK, here's my plan. Everyone take 50k and send it to your MH delevery box. Go back to your MH and drop the gil. In theory, would it work if everyone did it? Yes. Would anyone do it? No.

Actually there is a lot of gil being created in the economy. Take goblins for example; you kill a goblin and he drops gil, regardless of level, job, race, etc. It may not be much (10 or 15 gil), but that adds up over time. Gigas are even worse, dropping upwards of 100 gil for every kill. I know of people that just farm in Upper Delkfutts Tower for just this reason, in addition to getting Gigas Socks.

Then you can argue that AH taxes are taking more gil out of the equation than those drops are putting in, but prices are genrally jacked up enough that the tax doesn't matter.

Regardless, it's not that there's so much money being put into the economy, it's that there hasn't been gil taken out of the economy on a massive scale since the game was created. There's nothing wrong with that; people just have to get used to seeing prices on items skyrocket as more gil gets introduced into the economy on a daily basis.

Look at it this way; it means that the game is getting more popular.

What happened to the "black market" LS where people could buy and sell their stuff for something other than insane gilseller price-gouging prices? :/ Gamion, I appreciate your effort and the thought you put into this, but I suspect something like that would work better than this idea.

No one here that knows anything is talking about gilsellers and NM drops relating to inflation... More gil in the economy comes from gil drops from mobs, sales to npc, quest and mission proceedes, etc. Where gil is actually created.

No, actually there is more gil in the economy than there was before. Look in any economics textbook about what the major factor of inflation is.

Think of it as supply and demand for a 1 gil coin. As the supply of money goes up, each individual coin is worth less. It takes more and more of them to buy any item. Likewise people have more coins from selling their crafts, farming stuff, etc. for more, so they value each individual coin less.

In real life this is part of what Alan Greenspan does. He decides how much money the government should print, and interest rate changes, in order to keep inflation in check. Think the reason we've had less than 2% inflation in the US over the past decade is because business have become less greedy? We have no dollarfarmers? A group of consumers got totgether to keep prices low?

No, they keep a tight control of how much money is out there circulating.

From first hand experience: One day, i got on my mule to post some shihei that i had made. I noticed that there were 0 stacks for sale. One person had bought the last 10 stacks, no matter the cost, and i later learned that they had bought out the entire auction house. So i post for the usual 7k/stack, because i know my profit margin, and ******* up the economy isnt gonna be good for that profit margin in the long run. With 0 stacks up, i figure itll sell almost instantaneously. I get back on in about 30 mins to find that all of my shihei is still there. I check the price history, and notice that the price has plummeted to around 5k/stack. And who is selling shihei so cheap? None other than the person who, not more than 1 hr before, had bought it all at any price. I leave my shihei up, wondering if the price will go back to normal. I get on again after 30 minutes. The price was right back where it had started, at 7k/stack. The lesson of this story: All that you will accomplish is making people want to buy the stuff you are selling for cheaper en masse, and before long, the price will be right back where it started. All you will accomplish is, as you said, wasting peoples hard earned 50k gil, as well as their time. This idea=waste of time. Ive had a few years of economics in school, and as velfire said, so long as the amount of currency in circulation remains constant, the prices will remain constant. The only way to reverse what has happened is to remove money from the game. One thing, however, is for certain. And that is people continue to sell/buy gil, the inflation will only continue. For as long as people can go out and get 1 million gil for 30 bucks, the price of high end items will continue to rise as people would rather spend 30 bucks than spend weeks farming. Its simple economics. Dont waste peoples time and money. If you dont like the economy the way it is, do something that will actually have an effect. Get a bunch of people together and boycott the game until gilsellers are banned. So long as people just complain 1 at a time, nothing will be done. At 13 dollars per gilselling character, it is more profitable for SC to let 1 or 2 real players leave, and keep hundreds of gilsellers. However, if we get enough people to threaten cancelling their accounts, then just maybe SE will see that we are done taking this ********* and will do what is right. That, my friends, is the only sure fire way to return our economy back to the way it was in the "good ole' days", before gilsellers came about. Just my opinion... please keep flaming to a minimum.

Aces

Every time I read one of those threads, I keep having mental pictures of when my grandma goes on about how she used to do her groceries with 5 bucks and have enough left to buy a toy for my mom...

-_-

her speach gets old fast, too...