Disconn3cted wrote:CLOT wrote:Disconn3cted wrote:This is a good thing you know? If the prices of elements drop then the prices of stones will drop, if the prices of stones drop the prices of pimped 9D equips drop, if the prices of pimped 9D equips drop the prices of all 9D equips drop, if the prices of all 9D equips drop the prices of everything any lvl will drop.
u juz gave a perfect demonstration of the Slippery slope fallacy
http://en.wikipedia.org/wiki/Slippery_slope_fallacyif its like that way, every 1 in sro will be rich and strong and we will have world peace in real life ---> ideal world
But this is how economics work, if it cost less to make something then its value will go down since more people would produce it, when the value of the superior product goes down everything which is a of a lower quality will go down also. I will use gas as an example; gas cost more so everything else went up in price because almost everything needs gas to be produced in one way or another, if the price of gas went down the prices of everything else would go down with it and the value of the dollar would be increased. This also applies to elements; if the price of elements go down the price of making stones go down and more people would make their own stones rather than buying them, with their stones they are going to create nice 9D equips and because so many people would make them they would have to lower the prices to compete with each other, when the prices of the good 9D equips go down the prices of the plain ones will too in order to get someone to buy them, and SROs economy would be in recovery instead of the depression it is currently in.
lol, well, economic models, supply vs demand etc. are juz concepts to help understand the real world economy
its not practical at all or at the least, not true at all when applied in real life
there are alot and alot of external factors affecting it, which makes those models/concepts taught in school irrelevant
wat u said is too ideal...
eg. lets say stone sellers get cheap elements, they think "hey, i got cheap supply, but why shld i lower down price? lets all stay the same price as b4 so we hv more profit"
human greed, imperfect knowledge of market conditions are juz some of factors that u cant calculate in/predict with the basic concepts
thats why u see supply vs demand graph are straight lines when taught in school under ideal conditions, but they become irregular curves when in real world, thx to the real-life complications
wow, sounded like a scholar or something
