SL Economic Stats, updated 01/13/2005

Base all your numbers on a population estimate of 20,000

Not even near enough. At no time should the money supply ever increase faster than the growth of the overall population.

I Agree Shadow.. I back you up on that 100% They need to cut the stipends and start taxing people to rid SL of this flood of L$

I agree 100% also. Look at GOM... the announcement made the L$ pop a bit, but we're basically back on the declining trend.

As long as the money supply grows so haphazardly, this is the inevitable result.

I know Alby but the demographics has to be broken down as well in catagorys such as

Land Owning Population (AKA people who pay tier)
Non-Land Owning Population (AKA 9.95 lifetimers and alts)
Land Owning Lifers(AKA the feted elite)

That is your base 3 primary catagorys for the populace.

Now if you were to create a spreadsheet that A showed the Information as its represented for the whole and then using the aformentioned base and seperating the same information to each of the catagorys you wold be summarly shocked I think.

Also if you had a break out of the "Gift" catagory to "Gift" and "Rate" then you would see an even greater significant difference.

So Alby simply based on your mathmatics of 20,000 there is suppose to be 163,549,805 Lindens in world thus divided by the populace there should be 8,177 as an average per player.

However we all know that its states there is an average of 1082 per player, Thus if that is the average per player in pocket 20,000 x 1082 only accounts for 21,640,000 of the current world wide currency circulation.

So 21,640,000/163,549,805=13% of the world wide circulation of cash.

Where is the other 87%?
I mean we all know its on GOM and IGE so yes there is a MASSIVE surplus of cash out there.

more to follow when I check on some other things.

Shadow

No, it does not state that number is an AVERAGE of 1,xxx per player, it says that is the MEDIAN amount.

That means 50% of the players have more cash in their account.
50% have less.

Thats all it means.

If you run the numbers... If 50% only have about 1080 bucks and and the outstanding L$ is 163/mill, SL has some really poor people...

Lets says SLs population is 20,000. So 10,000 people x L$1080 = L$10,800,000.

Unless I'm mistaken, that means the remaining 50% control L$153,000,000 or about 90% of the currency float.

Sounds to me like The Rich Hold all the Cards and the poor peasant artist are screwed.. lol

Kind of like W's America.

Not that there's anything wrong with that.

Ah I failed to catch that I misread the title header however, if the median is 1,082 then the following information will be interesting to say the least.

IGE only represents 8% of the total volume of Currency in world
GOM only represents 5% of the total volume of Currency in world

So those two combined represent 13% of the cashflow

in light of the corrected adjustment this means 10,000 people have 1,082 or less in thier accounts. Kind of hard to assimlate that data. But we can extrapolate the following.

Based on data given on the Leader Boards the top .005% of the populace represents 21% of the total worlds cashflow.

So I wll run some more standard diviation formulas and get back on this monday.

Shadow

I have 55 L-Dollars... and thats my understanding of economics... woohoo hurry up tuesday *laughs*

sorry, wanted to lighten it up a bit

Yes but you also own 9 different skins and enough prim hair to take down the entire grid

Jessica:


You control this much of the total currency float: .0000003%

Shadow, where did those figures come from? I'm not questioning them, just curious.

It is, as this thread indicates, terribly difficult to make out just exactly what's going on with the grid's economy. Money supply does have to [edit: grow] in some proportion to a growing population, but it's nigh on impossible to tell what that proportion should be in the absence of any meaningful data on all of the things mentioned above and more, and in the absence of other economic targets indicating "stability" (which will of necessity be different in SL than RL).

I think part of what the Lindens are trying to do here is feel out what the appropriate targets are. From where we sit, we can only hope for some more specific figures. Differentiating between gifts, stipends and bonuses would be a great start, but there are so many more things that would be fascinating to know about.

Philip said they're targeting $7500 / user. Check out the townhalls in the linden forums, they are a goldmine of real information (versus speculation and gossip).

Also, he got it from the leaderboards which tells you how much money IGE and GOM have.

Thanks, blaze. Took a quick look but couldn't find that figure you reference. $7,500/user in terms of what? Total money supply? Apols, it's late, so maybe I missed it. Would love a link, if you can spare the time. Thanks again.