I think the real important question is this. If you and us as players have gone through this extended era of decreasing GC why on earth are you attempting to offset those artificial decreases by raising the price of goods?
I mean what was the point then? It appears you wanted to decrease GC value but now you want to equate everything relative to what it used to be. Won't all this be a waste of time then? Why all this suffering and the slow and grueling pace of this progress to where you guys are satisfied?
And don't be fooled. Account Values have not increased in Value, This is hyperinflation is all you did by stepping in as a central bank does to weaken their currency so that the "internal economy(e.g. supply fairy)" could get a boost from exports, sim coins, goods, etc. traded to players.
In all reality no values went up at all. By killing the Gold Coin, the SC Dollar is suffering from hyper inflation. To hide the hyper inflation you changed the standard. We measured ourselves by GC per month at a fixed value. Now we measure hard GC assets and very little liquidity. As CC pointed out, no money itself to do anything.
This is a depression and the hyper inflation is out of control. The central banks are going crazy discussing and manipulating monetary policy. Unfortunately, there is nothing more to do because the ponzi effects are exposing themselves.
The Economy is contracting too much a. In comparing real world vs. sim The US and Eurpoe have dollars and Euros. In Sim, we have Gold Coins.
Now the market is over saturated with with GC. We've got piles and piles of GC that arent worth jack. Unless we relate them to another asset. Real world money. This is interesting. Both the US and Europe will both have to eventually realize the situation that is happening in sim with GC saturation.
In order to place a valuation on any goods, you have to find a new standard. For us, real value will be in real dollars.In the real world, they are now trading an internet currency, that is called the anti central bank currency called Bit-coins.
And I thought that kid on WG was crazy. He's screaming about this super collapse, but really it has already happened. The central banks real and in sim, are doing a great job of letting us down softly.
Soon, it will be like how it was in the great Depression in Germany where on Payday, the wives of working husbands waited outside the factories with wheel barrows in order to flock to the market as soon as possible because the money was losing value so fast by the time they got to market it wasn't worth what it was just minutes before they arrived from the factories. This is what happened on the slide down to 84B per GC.
Interesting to these economic principles played out in the real and virtual worlds.
The New Currency will be the Amero. Soon all of Europe and the US, most likely Asia too, will begin using the Amero as the Petro Dollar and it will lead the way into the future as the worlds new reserve currency. Don't think it is true, better try google, America is already financing Debt in the form of Amero's as the Note for the Treasuries and Securities they hold as collateral for a return on financing our debt. The Amero will possibly stamp out all other minor currencies, except, bit coins of course.
Now what I want to know is, how many Amero's will it take to extend membership in Simcountry. And will you accept the equivalent in Bit Coins. At least we have something real behind the value of that currency, instead of floating the Amero against who knows what.
Ah, better tip. The game can turn their Euro's and Dollars into Bit coin to protect against inflation. Awesome. I would like %5 of your company for that finders fee. Lol.