Remove default amount on selling L$ at Lindex?

"Please remove default amount on selling L$ at Lindex."

How about whlie were at it, stop users from inflating the crap out of the economy. I do eblive were about to peak at 280. Thats pathetic.

With just a few strokes of the keyboard you can change the "default" amount. It's most likely inserted so one can sell at the current market rate.



It's a currency exchange, which is a kind of _market_. Free markets allow sellers to set _prices_ and for buyers to decide whether or not they wish to pay those prices. If a buyer doesn't wish to buy at a certain price they can wait for a different seller with a different price. If a seller doesn't wish to reduce their price they can wait for a different buyer to meet their price.

The market is presently "peaking" at 280 because some sellers are willing to _set_ their price at 280. Restricting the ability of sellers to set their own prices would make the market far less free.

If you wish to "stop users from inflating the crap out of the economy" you need them to increase their savings rate (shop less, spend less) which would restrict the amount of money in circulation. As people are typically unwilling to save, you'd be better off trying to restrict the money supply, meaning prevent new L$ from being injected into the economy, either by reducing or eliminating stipends, reducing or eliminating referral bonuses, reducing or eliminating Dwell/Traffic monies, and any other way the Lindens place L$ into our grubby little virtual hands. Or, create new forms of "fees for services" taxation (example: upload charges).

And L$ inflation might exist in the SL economy due to the existance of ancillary economies. Residents paying for goods and services using PayPal or E-Gold, for example, which means the L$ that might have been used in those transactions winds up sloshing around longer on their way to somewhere else.