hyperinflation

http://en.wikipedia.org/wiki/Hyperinflation



we seem to have prices going down in the last week or two but overall we DEFINITELY have hyperinflation.


Seriously I have on a toon all my old emails dateing back 3 years. We are at the point where 3 years ago 10 mill influ is now about = to 350mill to 450 mill influ.

that is hyperinflation.

this is a statement and i am curious if people agree. Please let me know if you do if you do not please let me know why you disagree


thank you for your support

No. Partly because some of the factors that cause or contribute to hyperflation don't exist in CoH, and partly because the inflation rate isn't that high. Nor do I see a widespread lack of confidence in the future value of inf, although that may be just apathy on the part of the players.

I tend to disagree.

3 years ago was early 2008. Purple IOs were added in I11, which came out in Nov 2007 (next issue was May 2008). Good purples settled in the 40-50m range for a while, if I recall correctly, so that would mean ~50m then = 500m now, say.

But, a lot of other IOs haven't changed much. Back then, a LotG could fetch 100m, not a huge change. Crushing impacts can be had for ~3-4m, which is almost exactly what they were back then. (I seem to recall buying a bunch of recipes for ~1m and selling crafted ones for ~3-4m, and ~3m was exactly what you needed to bid to get a 50 dam/rech today.)

There are some things which are exceedingly rare that have set unprecedented prices; ie, PvP IOs, but they didn't exist back then. Or L53 Hami-Os, but I think a lot more were in circulation because the bug that created them was only in the recent past.

There have been a lot of mechanics changes too; AE, for example, I would expect to inflate purples a lot relative to other things, since purples couldn't be acquired via tickets. Rebalancing the drop pools to have less snipe recipes and more good things made some things that used to be oversupplied actually have some value. The change to the difficulty slider was probably a really big deal. I used to 5-box to farm (although I probably only put 30-40 hours total into it, but that was good for a billion influence, which was kind of a lot back then). Now anyone can do that.

We might have that but it only concerns a minority of the items where the price change makes a difference. Seriously, who would really care if common salvage cost 10k instead of 100 inf?

Let's see about the things people actually care about:

Rare salvage? Been around two million a piece for as long as I can remember.

Luck of the Gambler +Rechs? 100-150mil a piece for a very long time.

Your usual rare recipe? 10-20 million still.

Uncommons? Yep, still a couple of million a piece.

Only purples and PvP IOs have really gone through big inflation, and I think that's fine. They're intended to be super rare.

What would be an accurate way to measure inflation?

Well, if you built a top of the line issue 9 fire tank, it used to cost 300 million. That's no purples, no PVP IO's, no "new sets" (obliteration, eradication, knockback, taunt, accurate defense debuff, etc.)

I don't know if you can really do a head-to-head comparison, because Kinetic Combat is now utterly different than it was [from "Lethal Defense" to "Smash/Lethal/Half Melee" defense].

If someone dug up that old build and priced it out, I'd expect it to cost about 1.2 billion inf- if the person building it was clever enough to have gone perma-Hasten and bought a bucket of LoTG +Recharge- or 5 to 600 million inf (if they went with regen and whatever else was trendy at the time.)

People are spending a lot more inf a lot more casually these days, it's true. Some of that's the ability to easily concentrate your wealth from five or ten characters to one, but a lot of it is real.

DSorrow: How would you rate things like Reactive Armor and Steadfast Res/Def's? We have a lot more high-priced things than we used to. Not "different" but actually "more." Instead of "Impervium Armor or Nothing" you now have Impervium Armor, Aegis, Reactive Armor and in some cases Impervious Skin, all in the 10 to 40 million range.

Yeah, hyperinflation is what happened in Germany.

You spent your paycheck immediately, as it would have lost have it's value by the next day.

Wheelbarrows of cash to buy a loaf of bread.

Ugh.

I missed the RMT measurement in the original post.

Which is an interesting way to measure it, certainly. Unfortunately, there's a lot of noise on that signal- I remember seeing RMT spam from the same day on the same character with a factor of 3 difference in price. (I may have seen a factor of 10 - two spams, same price, but one for 10 million inf and one for 100 million inf- but I can't guarantee it.) There may also have been clever scheming: "If we charge $30 for 100 million and then $10 for 100 million, people will jump on the cheaper one and think they've got a bargain! And if someone buys the overpriced stuff, we win again!" I don't know what goes through these people's heads.

this thread brings the hilarity.

*hoovesup*

Have SO prices budged since I last checked?

Rare salvage are just now hitting pricepoints prior to AE, like Pangean's going for 4M/each. Some have gone up a bit more than before, some less.

100K+ commons won't stay like this for long. We've had spikes before, and will again.

Some things have gone up in price. Some even lots. Big surprise, I know. Overall, no hyperinflation.

Some of the responses i find funny. I clearly agree this is not a real life situation. Im refering to a game version. No we dont have an increase in sos cause they are set by the devs this is really a market conversation starter.

And i also agree inflation in game is 10,000%

but what im suggesting is that inflation is now about 100% a year or more.


Yes some things like salvage which are you can farm/use tickets to buy etc... are cheaper.

However some things like purples are 500 mill and 2 years ago they were 100% less and in some cases even cheaper


Im not saying its game breaking im not complaining im just asking if wveryone thinks that the inflation is hyper or over hyped.

Its certainly a lot.

2 billion and you were rich in 2009 but in 2011 2 billion means u can buy one purple set. There has been a change im just wondering if anyone thinks its game changing.


No is a perfectly fine answere but so is yes


id like to hear what people think and what they have experienced

I too, disagree with the hyperinflation assessment.

First of all, there are clear cut segments where there isn't (and can't be)
*any* inflation at all, nevermind hyperinflation.

These include the obvious TO/DO/SOs, tier 1 inspirations, and even common
IO recipes. Zero inflation at all.

Secondly, many market items are also not under *any* inflation at all (due
in some cases to built-in curbs). These include things like marketed SO's,
common IO recipes, and literally dozens of less popular set recipes, all of
which are sold on the market and all of which are cheap... A perfect
example imho is common IO recipes... More than 2 years ago, I wrote a
guide on vendoring those. If anything, that technique works even better
today than it did then.

So, of all the available (and purchaseable, of course) items in-game, you're
really only looking at two segments which are seeing *any* inflation at all,
namely: desirable and premium sets. That's it.

Even in those segments, there are multiple cases that come to mind where
prices are lower now than they were months ago (Perf Shifters, LotG recharges,
Regen Tissue +regen, to name 3 that I have direct experience with recently).

On top of that, several Purple recipes are also down recently, and many
PvP IO's (Jav Volley, Fury of the Gladiator, for instance) have less value
than many sets in the "desirable" segment.

So, no - I'm not seeing the hyperinflation position at all.

As for RMT metrics, that's not even comment-worthy imho.


Regards,
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