OMFG! Alright, all 'solutions' to 'problem' go here.

A RBD would look like a newbie avatar with a huge federal reserve bank building attached to his head.

Actually, your point is valid. I take back what I said because I've been looking at this wrong. I was focusing on the aspect of LL creating L$ at no cost, then selling them to users for real US$. What I'd forgotten was that LL would have obtained those L$ in exchange for the land service offered. My apologies, my mind wasn't grasping the whole picture.

In that case, the major problem I can think of is that LL would have to continuously change the L$ land fees in order to reflect the current exchange rate. That could be confusing for the users, but it could also become downright dangerous if the exchange rate becomes highly unstable. What if the L$ you earned when the rate was US$1/L$300 were only worth US$1/L$350 at tier payment time?

When you pull off the mask, it turns out that he was Old Man Jenkins who runs the rollercoaster all along.

He woulda gotten away with it too...

ah, you know the rest

I really did LOL.

Correct... And I made a little mistake also, in stating that Lindens have absolute value from the moment they are put into the game.... They dont untill they are sold. However LL has already anounced that they want to sell Lindens, which in it self is a bad idear for the economy. BUT! If they sold lindes asa direct link to the sinked tier payments, the money flow would be constant.

In order to keep the ingame land tier payment simple and stable, they could display the payment in US$ values, but making it possible to pay that with lindens for the current exchange rate. So if you have to pay 40$ land tier. You simply press a button saying Pay my tier with lindens... Then a window pops up telling you what those 40$ are in lindens at this very moment.... Thats very simple. (just as simple as lindex at least)

Hey you guys this is a hot-button issue... stop being so polite to each other

Yeah you capitalists! I mean socialists! I mean... communists...

eh, someone else will have to do the insulting, im really rather poor at it.

Troll? Stop poking fun of mah hair!

Simplest solution?

End or dramatically reduce the stipend. If your sole reason for paying monthy is to get a stipend - you need to go back to math class.

Short of that (ready to get SCREAMED at by the content creators): Change the "find" listings to the classified format. Get rid of traffic, and let the highest bidder get to the top of the find list in their catagory. More linden going to LL to be 'destroyed', less floating around int he economy.

Personally, though, I say end stipend. And if they need to end free accoutns as well - go for it. You have my vote!

Hey I would vote for the end of stipends also. But I know that many wont, and would be mad if it happened. Some people apparently think that the 50L they get are importand to them...

So in the light of that LL has to be carefull. I fully understand that.

That is why I propposed the ingame Land tier sink.. because NOBODY can oppose to that (well some of you punks could probably fabricate a "silly" reason to do so anyways) but no one gets affected by it in any negative way what so ever. thats what makes it the perfect solution.

Idear number 2... Create an ingame SL Bank... What? why?

In RL the Central bank of any country keeps the economy stable with interest rates... Economy good, rates go up. Economy bad, rates go down. Well yeah it has something to do with stipends, but in a new way which with the propper and carefull implementation could be taken with open arms by the majority.

My idear of the implementation would be as followed:

LL announces the opening of the SL Bank... Every resident can open an account, in which their Lindens will be transfered to. Those lindens will acumulate interest over time. (not a fixed interest rate, but one that fits the economy flow) BUT if you want to use the SL Bank you have to accept to give up your stipends.

This is good in 2 ways..

1. People can individually accept not to recieve stipends anymore, for the hope that the interests they acumulate will be better.

2. It would create a incentive to keep money ingame. If LL can make people keep their lindens ingame instead of selling them. THEN.. you all know what will happend.

Anyone who starts a thread about stipends, $L value, the economy, Lindex, or prim babies gets a 30-day suspension.

Signed!

Agree with Surreal!

Slightly less surreally...

Stop making new land for a chunk of time. At such time as land for sale on the mainland reaches some price limit (L$10/sqm for the sake of argument) release some new land, or when there is less than some level (1 sim's worth of snowy/green/PG/Mature for example) land left release some new of that type. Allow people to purchase islands still I guess, but see below.

Bring in a minimum L$ price (say L$2/sqm) for land sales. (People can still sell mostly out world for US$ if they must, but some is in world). Tax land sales at L$1/sqm. Including for new islands. First land can remain at L$1/sqm - it's up to LL whether they regard that as giving the land for just the transfer tax or the purchase price, it's still the same sink after all. Since we must sell land in multiples of 16sqm the land tax can be adjusted to various levels by 16ths and still give us an integer land tax result.

This will irritate certain people, but any change will irritate someone.

This will reintroduce some land scarcity, increase the need for buyers to purchase or acquire lindens, and introduce a new sink. It might be harsh, but it can be adjusted. It will avoid the problems with changing the existing contracts for L$500 for premiums. It will also avoid problems with people like me that do a fair amount of scripting work in world and get paid by some people in L$ - at least one of whom often pays me in advance for the work. We're not breaking any condition, but summoning a Linden to OK our transaction as payment in advance for scripting work is NOT a scalable option.