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[DISCUSSION]this suit event wont help the economy

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Henny wrote:

player1234x567 wrote:

Henny wrote:

Kyber wrote:

Henny wrote:

player1234x567 wrote:

Henny wrote:

I think it will help. Regardless of who gets them, you are only increasing the supply of suits without adding any money in the economy, which in theory should lower the prices of them.
Even if the rich players get them, they should understand that the rarity is lower and other vendors will try to sell them as well, causing price wars. Admittingly, it won't lower the prices of them by a substantial amount.
Or they will just horde them, we will see.

There is no one to buy them...

How do you know that? If the demand for them is truly that low, then adding more will only cause prices to lower. Not sure how this won't help the economy.
It all depends if the winner hordes the winnings or not. They probably will though so I guess it wont help much.

market share exists, if someone owns all the gjuggs then they own the entire market and can set a price they deem fit. If all the stock is caught up with a group of affiliates then it could just mean that there are more items which can be set at a higher price

But what would be the point of setting a price that no one can afford? Monopolies and oligopolies (A few players owning all the suits) still have to follow free market principles in order for anything of theirs to sell. If the demand is low and the supply is high, its in their best interest to lower the price in order for anyone to afford it.

The people who have the majority won't set low prices though because they are too interested in the money aspect of it.

If they are truly interested in making money off of the items, then they shouldn't have the suits at prices no one can afford as they will never sell them. Seems to be just a lot of hording and hopes that someone will buy something at their high price.

and the hoarding will continue forever

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[quote="Henny" post=1162728][quote="player1234x567" post=1162727][quote="Henny" post=1162726][quote="Kyber" post=1162724][quote="Henny" post=1162718][quote="player1234x567" post=1162715][quote="Henny" post=1162713]I think it will help. Regardless of who gets them, you are only increasing the supply of suits without adding any money in the economy, which in theory should lower the prices of them.
Even if the rich players get them, they should understand that the rarity is lower and other vendors will try to sell them as well, causing price wars. Admittingly, it won't lower the prices of them by a substantial amount.
Or they will just horde them, we will see.[/quote]

There is no one to buy them...[/quote]
How do you know that? If the demand for them is truly that low, then adding more will only cause prices to lower. Not sure how this won't help the economy.
It all depends if the winner hordes the winnings or not. They probably will though so I guess it wont help much.[/quote]
market share exists, if someone owns all the gjuggs then they own the entire market and can set a price they deem fit. If all the stock is caught up with a group of affiliates then it could just mean that there are more items which can be set at a higher price[/quote]
But what would be the point of setting a price that no one can afford? Monopolies and oligopolies (A few players owning all the suits) still have to follow free market principles in order for anything of theirs to sell. If the demand is low and the supply is high, its in their best interest to lower the price in order for anyone to afford it.[/quote]

The people who have the majority won't set low prices though because they are too interested in the money aspect of it.[/quote]
If they are truly interested in making money off of the items, then they shouldn't have the suits at prices no one can afford as they will never sell them. Seems to be just a lot of hording and hopes that someone will buy something at their high price.[/quote]

and the hoarding will continue forever

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[DISCUSSION]this suit event wont help the economy

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