+- AwakenedLands Forums (http://forums.awakenedlands.com)
+-- Forum: Awakened Lands - General (/forum-1.html)
+--- Forum: General Discussion (/forum-10.html)
+--- Thread: Credit Market (/thread-7469.html)
RE: Credit Market - JUSTJOHNNY - 2009.Sep.22 07:08 PM
(2009.Sep.22 06:55 PM)superdude Wrote: Cap them at $250 a pop.
$500 cap & i might vote for that ... i think $250 is too cheap
RE: Credit Market - NastyFO - 2009.Sep.22 07:52 PM
(2009.Sep.22 06:55 PM)superdude Wrote: Cap them at $250 a pop.
No way. People should be able to sell them for whatever they want. If they're too expensive don't buy them.
Just cuz the US is going to hell in a socialism hand basket doesn't mean AL should too.
RE: Credit Market - CrazyFoley - 2009.Sep.22 07:58 PM
People are selling in gang and to friends now.
RE: Credit Market - Weebay - 2009.Sep.22 08:04 PM
(2009.Sep.22 07:52 PM)NastyFO Wrote: Just cuz the US is going to hell in a socialism hand basket doesn't mean AL should too.
+1 best thing I've read all day.
RE: Credit Market - Thor - 2009.Sep.22 08:04 PM
(2009.Sep.22 05:09 PM)filthymick Wrote: these prices are poopy!! i remember when i could buy 1000 creds off the market for around 260 ea. those were the good days....
I always had them at 220-225 each before the Bigrod happening...
RE: Credit Market - JakeBlues - 2009.Sep.22 08:27 PM
(2009.Sep.22 08:04 PM)Thor Wrote: I always had them at 220-225 each before the Bigrod happening...
That was enough to change it?
RE: Credit Market - Brugada - 2009.Sep.22 08:37 PM
They sat at 225-250 for months after BRs rampage.
RE: Credit Market - JUSTJOHNNY - 2009.Sep.23 02:10 AM
(2009.Sep.22 07:52 PM)NastyFO Wrote:(2009.Sep.22 06:55 PM)superdude Wrote: Cap them at $250 a pop.
No way. People should be able to sell them for whatever they want. If they're too expensive don't buy them.
Just cuz the US is going to hell in a socialism hand basket doesn't mean AL should too.
+1 on this
RE: Credit Market - Denethor - 2009.Sep.23 03:14 AM
(2009.Sep.22 08:27 PM)Gornikel Wrote:(2009.Sep.22 08:04 PM)Thor Wrote: I always had them at 220-225 each before the Bigrod happening...
That was enough to change it?
(2009.Sep.22 08:27 PM)Gornikel Wrote:(2009.Sep.22 08:04 PM)Thor Wrote: I always had them at 220-225 each before the Bigrod happening...
That was enough to change it?
As my admittedly falliable memory indicates, yes! The reason behind that was an exercise in classical economics of a sort; Bigrod had a lot of money and no reason to save it at the time he was preparing his spree by the purchase of credits. And the supply of credits on the market was finite. More money chasing same amount of trade goods = rise in price if the sellers are rational and in this case they were. And after the spree there were fewer credits available for purchase with the same short term result. Market inertia accounts for the rest I suspect. Not enough customers voted with their feet to give the sellers any motivation to lower their prices so it continues to this day.
*shrug*
That said, I too vehemently oppose any price cap. In the long term market supply and demand is much more rational and flexible than any administrative fiat would be. I suspect that if we remember Dutch economic history of the 1600s we would do well to keep tulip bulbs in mind. ^_~
RE: Credit Market - ArmorOfGod - 2009.Sep.23 08:13 AM
I got 1600 for 250 apiece