Are you confident Lindex is an adequate Market Indicator?

It appears that all economic debate here is, at the very least, based on the premise that Lindex is an excellent Economic Indicator; I get the impression that some even fail to differentiate between the two. Your thoughts?

The only "market" the Lindex is an indicator for is itself.

Yes because it's the major market other's revolve around. Regardless of it being a half implimented market that LL doesn't appear to take seriously it is the largest market and is used as a market measure by most other sources so for good or bad the answer I think is yes.

*nods* Perhaps it wasn't cleverly worded; I will edit the post.

I think land sales are at least as significant a market as LindeX.

Correction:

I somehow goofed up, and clicked yes. I meant to click no.

coco

If it were an excellent indicator we wouldn't need the others. There would be no arguments and no gaming of it.

Prior to the release of the extra data, and that will hopefully continue, it was however, pretty much the ONLY game in town.

Land sales and some odd seeming ones like median land price (which we can approximate to in world, hence median rather than any other method) might be good indicators that we don't seem to look at too closely - but because the raw data is hard to find (unless LL start releasing it) it's not a good indicator for a different reason...

What an interesting thread. I chose "No", because it is closest to how I feel. I would have chosen "Kinda, Sorta, but not Totally" if that option were available, though.

RI think I'm on the same page.. or at least the same chapter... maybe just the book.

Anyway, the LindeX's odd meanderings don't add up to a clear view of the economy. Really you need to be aware of land sales and have a feel for the "retail sales" quotient. In other words, it's very hard to know

it's a good market indicator for L$.

it's not a good indicator for the health of the inworld economy. the economy is suffering from inflation in terms of L$, but i'm sure in relationship to USD currency which is what creators are earning and consumers are spending, i'm sure it's going along splendidly.

No, it isn't. I'd go as far as saying it's hardly an indicator of the health of the economy. Given how fast the economy is expanding it's rather amazing it is that "stable". A healthy business should not be suffering from the rate because the economy is expanding much faster hence the rate decline is offset by the increase in income you can generate.

LindenX is NOT and economic indicator.
It is a window on the economic conditions and policies of SL.
At best, you can only 'assume' the economic health of SL
is in dire straights as you witness the decline in value of the
Linden Dollar.

Jesus H Christ



Reels in shock


An admission your debates centering around the value of the linden are merely assumptions.