Economy and the Economic's of the lie

[Potofgreed]

people speak about economy in this game like they understand the concept of it " Economy and inflation" are terms that get thrown around to make people sound Smart.
" making people sound smart in game".

This game doesn't have the mechanics to have stable economy. That is a fact. " We need a gold sink"? You guys have no idea what you're talking about. I was even fooled by this for a long time.

The player base doesn't even have the attention span to read through what I write about concepts. but you think you know about economy? You don't even know how to decipher the games concepts.

The only reason why a player sells a item in this game is because they feel the " need to". Arcane legends has nothing creative to make or chase in game.

We chase gold to buy items and the only creative thing we have to do is housing.

The game needs to be designed with economy in mind at the bench in development. This game wasn't and that is a fact. It was designed to do something else.



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[Spooked]

Thanks for your wisdom Prophet of the Economics. While you’re at it could you look at venezuela’s economy?

Just wanted to add: “the game’s concept”?
Call me out of line for asking a question to the great intergalactic gigabrain but could you elaborate on this?
I see alot of expensive words scattered around your post but its all so empty when all you say is your third eye is open and everyone else is an ignorant bystander spouting nonsense.

[pfizer]

what makes spewing "economy" makes someone smart? It is very basic tbh. More gold means more purchasing power = the prices will be pushed because the demands will be high.

[Adrian020990]

Touch some grass

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[Nocturnus]

Maybe this will help you, quite simple.
(according to the dictionary)

Inflation:
Economic process caused by the existing imbalance between production and demand; it causes a continuous rise in the prices of most of the products and services, and a loss of the value of money to be able to acquire or use them.

Hyperinflation:
Very fast and continuous rise in the price level, which causes people not to retain money, due to its constant loss of value, and prefers to keep the merchandise.

[Oawaoebi]

Originally it wa sdesigned to kill the boss in the tower of mardom. That was the mission. When ppl now think they need to own every pricy item that’s there own business.


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[Lawpvp]

i have a degree in economics....so yah some people do know what they're talking about lmao

[Immortal_Blood]

idk gold man i havent slept in about 40 hours idk but looting items is cool

AL loot game weak right now i understand bro

[Potofgreed]

i have a degree in economics....so yah some people do know what they're talking about lmao

So this degree means you understand the issues with the game?

Enlighten me then please? Because I want to learn exactly what is missing and why the game is the way it is.

I'm just making assumptions that the game doesn't have mechanics to support controlling the prices of items that players own?. What does inflation have to do with this? Enlighten me because you must know?

Example
If 10 Medusa sets existed in the game it's worth what the group of players or player sells them for. someone rich irl could easily drop 1 million dollars in the game to get it if they wanted. This is a example of the most extreme case imaginable.

YOU and no one in the game controls the price of a item you don't own.

So what exactly was the game designed around?

Example
Junk loot is meant to fill your inventory slots.
Not a big deal now but back in 2013 these were your options.

1. Spend real cash
2. do dailies. But dailies took for ever back then.
3. Do plat offers
4. Plat farm

Apply more or less the same concept to locks.

1. spend real cash
2. Do plat offers
3. Plat farm

Apply to anything that has come and gone from 2013 to around 2017. Keep in mind when all those plat offers vanished the game started to change.

So you're going to sit there and tell me this wasn't by design? " It wasn't intended it sorta happened by accident" really? FOR REAL? BY ACCIDENT? then why wasn't it removed ?

So to end this off
If it was more about the economy then the games mechanics would have been designed differently.



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[santaria]

So this degree means you understand the issues with the game?

Enlighten me then please? Because I want to learn exactly what is missing and why the game is the way it is.

I'm just making assumptions that the game doesn't have mechanics to support controlling the prices of items that players own?. What does inflation have to do with this? Enlighten me because you must know?

Example
If 10 Medusa sets existed in the game it's worth what the group of players or player sells them for. someone rich irl could easily drop 1 million dollars in the game to get it if they wanted. This is a example of the most extreme case imaginable.

YOU and no one in the game controls the price of a item you don't own.

So what exactly was the game designed around?

Example
Junk loot is meant to fill your inventory slots.
Not a big deal now but back in 2013 these were your options.

1. Spend real cash
2. do dailies. But dailies took for ever back then.
3. Do plat offers
4. Plat farm

Apply more or less the same concept to locks.

1. spend real cash
2. Do plat offers
3. Plat farm

Apply to anything that has come and gone from 2013 to around 2017. Keep in mind when all those plat offers vanished the game started to change.

So you're going to sit there and tell me this wasn't by design? " It wasn't intended it sorta happened by accident" really? FOR REAL? BY ACCIDENT? then why hasn't it been removed ?

So to end this off
If it was more about the economy then the games mechanics would have been designed differently.

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for sure this guy don't even understand what he is saying. Your english are too hard to follow lot of wrong grammars and improper construction of sentence and cherry on top the moot that are baseless and futile. I read "plat farm" please close this thread @devs.

[Potofgreed]

for sure this guy don't even understand what he is saying. Your english are too hard to follow lot of wrong grammars and improper construction of sentence and cherry on top the moot that are baseless and futile. I read "plat farm" please close this thread @devs.

yES PlEaSe cl0se T,h,I,s G.uY M*a#kes 0 Se.nse

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[Potofgreed]

i have a degree in economics....so yah some people do know what they're talking about lmao

For the record I said that wrong.

I meant to say people in the game throw those terms around like they actually know.

But since you know enlighten me please?



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[Daogole]

Interesting thread. My takeaway is that the only relation to real life finances is that you are kind of screwed in game if you I have 0 gold because you can't afford potions, so you can't go and fight to make more gold. In real life, you need an emergency fund. By the time you spend an hour trying to play a game, it is like wow, I could have been working in real life, so the benefit that you might have otherwise had cancels itself out.

[Nocturnus]

So this degree means you understand the issues with the game?

Enlighten me then please? Because I want to learn exactly what is missing and why the game is the way it is.

I'm just making assumptions that the game doesn't have mechanics to support controlling the prices of items that players own?. What does inflation have to do with this? Enlighten me because you must know?

Example
If 10 Medusa sets existed in the game it's worth what the group of players or player sells them for. someone rich irl could easily drop 1 million dollars in the game to get it if they wanted. This is a example of the most extreme case imaginable.

YOU and no one in the game controls the price of a item you don't own.

So what exactly was the game designed around?

Example
Junk loot is meant to fill your inventory slots.
Not a big deal now but back in 2013 these were your options.

1. Spend real cash
2. do dailies. But dailies took for ever back then.
3. Do plat offers
4. Plat farm

Apply more or less the same concept to locks.

1. spend real cash
2. Do plat offers
3. Plat farm

Apply to anything that has come and gone from 2013 to around 2017. Keep in mind when all those plat offers vanished the game started to change.

So you're going to sit there and tell me this wasn't by design? " It wasn't intended it sorta happened by accident" really? FOR REAL? BY ACCIDENT? then why wasn't it removed ?

So to end this off
If it was more about the economy then the games mechanics would have been designed differently.



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With this message it is clear that he does not understand a bit about the topic that is being discussed.
(Maybe that's why he thinks that the rest don't understand anything)
He's got a big brain salad.

[Daogole]

Probably nobody is going to take the time to answer how the Arcane Legends economy works because nobody is going to take the time to figure out how it works and wouldn't want to. But the best point of reference is how the real economy works. In the United States, we have the federal reserve. This is who decides the interest rates to loan money out to the actual bank where you have your savings and checking accounts. In the last couple of months the federal reserve has been raising interest rates in large part due to an inflation rate that hasn't been seen in decades. "Lords of Finance" by Ahamed or "The Intelligent Investor" by Graham are good sources.

[chiiwawa]

Spend a $100 on plat become a fast millionaire.

Spend a $1000 on plat become a fast billionaire.

Play for free- Then learn to be happy playing within your means or get mad and post about the economy.

[danialazhad63]

game economy simp spotted...HELLO KYLE ...UwU

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[Ploid]

for sure this guy don't even understand what he is saying. Your english are too hard to follow lot of wrong grammars and improper construction of sentence and cherry on top the moot that are baseless and futile. I read "plat farm" please close this thread @devs.

Bro, look at your own English before criticizing others, lol.

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[santaria]

Bro, look at your own English before criticizing others, lol.

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your ign itself is wrong grammar.

[Ploid]

your ign itself is wrong grammar.

How's my IGN wrong grammar? And what does grammar have do with IGNs?

Ploid comes from diploid. If u didn't know "di" means 2. Diploid means 2 Ploid and therefore Ploid itself is fine.

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