I Want a Raise

I think the weekly payment need to go to 1000 due to the Horendence inworld inflation especially in the land market buing land @ 2lds a meter and selling at 6-9 lds people are charging 300 just for t-shirts. Thease are just some examples I blame not the sellers. We need a raise to reflect the inflation of the world

thank you

Just to play devil's advocate here for a moment: Wouldn't that make inflation worse?

What is the horendence?

I'm guessing horrendous.

We could be like Germany was with those suitcases full of money to do weekly groceries

There is a dynamic here that is very telling. LL removed event sponsorship and whatnot to curb inflation. It was supposed to lower prices, it has not. What this has done though is make the game very hard on new players to get or make money. Instead of lowering prices, in many cases vendors just depend on the older player economy which is still pretty strong and do not depened much on the poorer newbies. (except , of course, for that ever important wad of newbie cash they have initially)

The have economy and the have not economy, the have economy is used to the $300 t-shirt and has the lindens to buy it, the have not economy depends on freebies, home mades, copying, trading and in some cases theft. The have-not economy isn't going to expand because they aren't getting a whole lotta cash infused into it. Its a safer bet to charge $300L for 1 shirt than it is to depend on 10 people buying your shirt at $30L.

Picture the fat Marlon Brando sitting in a dark Southeast Asian hut saying slowly "The horendence.... The horendence...". Makes more sense that way.

I have never bought a L$300 shirt in my life! Rest assured my L$ balance is where it is because I budget and manage my funds. It takes a lot of consideration for me to spend L$500 on kick ass furniture, I (almost) never spend frivolously. My balance would not be where it is today if I blew money on L$300 shirts.

Oh cousin Loki, if only I had your willpower!

*Siggy and the SL Do Wap singers appear in a puff of particles*

Bip bip bip bip bip bip bip bip
Bop bop bop bop bop bop

Get a job.....

I'm guessing that this is so a male/female thing. I've never heard a guy in SL say "wanna go shopping?"

Weekly payments double: Prices double. value of SLL halves. I know it seems like a good thing to do, but I dont think 600L Shirts are on anybodys wishlist.

*pictures it* GAH!!! Make it stop!!!

Ok, I get it now

That better be an incredible shirt for 300L. Most single clothing items I see are from 60-150L. And I would have to echo what everyone else has said. Dumping more money into an economy would increase inflation, not curb it. Do a little math:

Right now $10 a month gets you about 2167L per month on average in allowance which is worth about $8.34 at GOM. Effectively you are paying $1.66 per month to play the game and are making money just by having an account on the quarterly or annual plan.

Seems fairly well balanced to me. The allowance might even be a little too much at current exchange rates. One thing is certain though is that if you double the allowance, the price for a block of lindens at GOM will certainly slide badly, perhaps even collapse beyond the 50% drop you would expect. And prices in game would increase greatly. And we would be in much worse shape than we are right now.

This would be bad, bad, bad. It easy to get more money for this game. An $8 movie get's you 2000L. What's the big deal?

I'm not so sure prices would rise all that much. It is such a monumental pain in the ass to change prices in vendors that I doubt people would bother. I haven't seen folks lowering prices in these times of stingy Lindens so I don't see a whole lotta folks raising them if there were more Lindens in the money supply. Keep in mind the have nots don't have the ability to increase their stipend bonus the way the older players could when a rating was a $1.

its manly because people are too lazy to change prices who is really going to visit their 9 shops so to speak just to lower their prices a 100 lindens. acrually people will buy you stuff if no one compeates meaning armour will always charge 2k for every avatar if not more

What I want to know is why people are stocking 9, 10 shops in the first place anyways? Advertise in the forums, put your wares up on SLBoutique, SLExchange, etc., put a "main store" up somewhere, hand out landmarks, tada.

LF

that's a smart Idea.

BTW thank you all for you in put I'm learning a lot and starting to under stand how complicated things are.

Let me Guess, You're a Guy. Right? LOL

Well, the reality of SL is a significant number of people playing the game have never been to the forums or rarrely ever read it. SLExchange and other offline services are not used as extensively as one would hope. Having only one store limits your exposure and accessability. Lets face it, in SL, impulse shopping is king. You walk through a mall and you see a vendor with a cool whatziit in it and you buy it. You would not seek it out because you didn't even know it existed. Themed areas that your items might appeal to also require multiple stores. My sales would be cut by two thirds if I were to close my other shops and only have my main store in Kane. My sales on SLExchange haven't been enough to justify the effort of setting it up.

Well, in SL, you have the option to shop around - sure, there are L$ 300 T-shirts, but shopping around will find you similar items for L$ 30, and perhaps with the same quality.

I lost the count on how many items are in-world, but I expect we're talking about a million or more. Like in RL, finding bargains is not easy. Shopping is an art! Spending wisely is something you learn in RL, and you should learn to do in SL as well. Buying on impulse is great fun, but only when you have an idea of what the overall prices are. A L$ 300 T-shirt must be something astounding - a work of art, an unique item, something offered for a limited time only. If not, it's just overpriced - go to the next shop in the mall, and you'll see much more reasonable pricing there

Fortunately, there is a strong competition. Also, the greatest clothes designers are not the most expensive ones (they sell enough to be able to lower prices), but simply the ones that have found the correct trade-off between high quality items and a fair price.

There were a number of reasons that LL lowered stipend payout and raised rating cost. One of these was, it wasn't just the inflation IN game, it was the Linden to USD market that was crashing as well. The Linden $ value was dropping rapidly, so they took drastic measures to ensure that the market stablize. Whether these measures were appropriate, or based on pre-mature judgement, I'm not entirely sure.





Then you haven't met me ^^



For the same reason that Taco Bell, Mc Donalds, Wal-mart, Target, and any number of other chain stores and resturants have more than one location. It offers easier access for more than one group of people, as well as it acts as a self advertisement. Not everyone reads the forums, and just cuz you have a landmark and give it out to everyone you meet, doesn't mean that even 1/10th of the SL community will hear about your store. I'd say about 70% of the time I do my shopping its because I was on my way somewhere and saw something cool in a shop and decided to stop. NOT because I read about it in the forums and NOT because I had a landmark.