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Posted: Sun Oct 04, 2009 8:12 pm
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Actually, the US dollar is just about as fake as Gaia gold, as you stated. It's called "fiat currency"... it's given value because people say it has value. It isn't even backed by gold anymore, and hasn't been for almost 40 years.
What makes actual gold valuable is because it has uses aside from just being a shiny rock {for example, top quality speaker wire has gold tipped connectors because gold is an excellent conduit}, as well as there being limited supply of it {meaning, you can't just create gold out of nothing and start handing it out}.
Most economists would probably say fiat currency is pretty much doomed to fail. Being that Gaia can only create fiat currency, there's bound to be problems, and the treatments are always going to be things that people don't like. If they cared more about fixing their economy than keeping people interested in the website, I'm sure they could easily make the changes necessary to do so... but being that it is a business, their primary concern is keeping people interested in the website and not so much providing them with a working economy.
They made gold easier to get because people were complaining it wasn't easy enough, and now there's runaway inflation and people are complaining about prices being too high, unaware that their demand for easy gold was the cause of it. Even if Gaia tried to explain that, a lot of people would only see it as them being gypped on their gold if Gaia tried to go back to making gold harder to get. While it would make the economy better, they'd likely lose a lot of people over the change.
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Posted: Mon Oct 05, 2009 11:39 am
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Posted: Mon Oct 05, 2009 1:09 pm
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Posted: Mon Oct 05, 2009 5:53 pm
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Posted: Mon Oct 05, 2009 7:45 pm
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Posted: Tue Oct 06, 2009 5:59 pm
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Posted: Tue Oct 06, 2009 11:27 pm
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Posted: Wed Oct 07, 2009 3:40 am
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Posted: Wed Oct 07, 2009 4:15 am
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Posted: Wed Oct 07, 2009 5:38 am
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Posted: Wed Oct 07, 2009 6:44 am
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Posted: Wed Oct 07, 2009 8:46 am
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Posted: Wed Oct 07, 2009 1:23 pm
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Posted: Wed Oct 07, 2009 4:03 pm
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Kai Kaze Kaloni Kozue Koichi Wing If Gaia is that desperate for money I think that Lanzer should have a side job at Chippendale's. That'll pay his way through his career. xD I laughed until I realized that I might very well pay to see that. redface eek Time for my disciplining, it would seem. *breaks out the ruler* rofl
you're quite welcome XDD razz
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Posted: Tue Dec 22, 2009 11:44 am
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