Quote:
Sat Jun 17, 2006 6:45 pm KiKi Kitty Plushie 1 Oni Ushi 45000
inflation anyone?
market price: 80,000
total gain: 35,000
ratio: 77.7% increase in 1 month, 11 days. Total: 41 days = 77.7% increase. Marginal increase prior: +/- 1-2k over 9 months. Conclusion:
our current era is entering a period of vast inflation. Currently gaia has been counteracting the inflation by lowering the money supply. however, they do not provide manipulation of interest rates or have the option to buy Bonds.
the closest thing to bonds is the same donation items, and the donation items actually increase in price when inflation hits. this is counter intuitive and creates compound inflation.
instead, its more successful for the gaia economy if a standardized interest rate exists.