Economic turn around

I've noticed the land market raise in price over the last three days, and it also seems like there is alot of pressure in the $L market for a turn around. The huge 281 block has eroded during the work day. We still have a huge roadblock at just 280, but even the averages on the chart seem to show upward pressure building up. We could be at the verge of a turnaround. Its only speculation, but in my mind things are looking promising as we enter the weekend.

Kazanture Aleixandre wrote:02-03-2006, 06:22 PM
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Originally Posted by Chase Speculaas
Calculations? And what's going to bring the value back? By my calculations, the price of the L$ will never, ever be below 270 again...
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I will copy&paste this to here by march 2nd(+-1 week)(maybe earlier)
Edit:
Within next week we will see 280->278->280
after one week : 280(+-2)->276(+-2)->278(+-2)
2 weeks : 278(+-2)->279(+-2)->277(+-2)
3 weeks : 277(+-2)->272(+-2)->275(+-2)
4 weeks : 275(+-2)-> 271(+-2) -> 272(+-2)
5 weeks : 272(+-2)->268(+-2)->270(+-2)
Will be like this.
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This seems you as deflation? Do you know why inflation&deflation is to be calculating annually? Yesterday US$ value increased agains euro, was this deflation for you?
This is response to the recent inflation. And everything is being normal. thats all.
L$ lost near 10% value, because of high pressure on selling L$s + panics according to this. And lack of buys because of the early year. And too many free L$ income to the
game.
Now sell pressure is a lil lower, buys increased according to the RL economic status of residents. And LL cancelled some (really) unnecessary "FARMING" options(which was ruining SL) for SL.
Now everything is being normal. I like to see SL economy saved itself. No other RL economy could save itself like this. SL has strong dynamics.Very active market, HIGH foreign currency income(usd), HIGH trust to SL by residents.
With a lil nice movements by LL(getting rid of giving tons of L$s to the "FARMERS". SL economy saved itself quick.
Now it is so unnecessary to discuss anymore, how economy is going. There is only one sentence to say:
Economy is OK.
When economy is ok in a country, the next thing is investing to this country. Now in-game investors to SL will increase(buying islands, sims, etc).
During a crysis, who loose?
The ones who lost their trust to SL economy, paniced and sold their L$s for low prices. The ones who left this country because of lack of trust to this economy.
Now at least for me everyday is better than the day before

Wow, we saw 7,000,000$L change hand yesterday, and the huge 3M$L block is already almost gone. Not to mention this is the only the begining of the weekend. The biggest demand time is still coming tonight. Things are extremely good.