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Paulismyname Bunin
Registered User
Join date: 29 Nov 2005
Posts: 243
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02-24-2006 03:01
One way in which you can measure the health of a first life economy is by a means called " the yield curve", which is essentially the difference between short and long term interest rates.
Now I know the concept of lending money or banking facilities is not an automatic facility enabled by Second Life, but I do wonder if there may be a SL equal measure to the concept of a FL yield curve.
Of course it would have to be based on something that has fungible value here, I presume that could either be the lindon dollar exchage rate, average values of land, or perhaps house sales. Perhaps it may be a combination of all these factors, or perhaps other isues not mentioned by me.
Does anyone have any views?
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
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02-24-2006 05:02
From: Paulismyname Bunin One way in which you can measure the health of a first life economy is by a means called " the yield curve", which is essentially the difference between short and long term interest rates.
Now I know the concept of lending money or banking facilities is not an automatic facility enabled by Second Life, but I do wonder if there may be a SL equal measure to the concept of a FL yield curve.
Of course it would have to be based on something that has fungible value here, I presume that could either be the lindon dollar exchage rate, average values of land, or perhaps house sales. Perhaps it may be a combination of all these factors, or perhaps other isues not mentioned by me.
Does anyone have any views? The only thing that comes close is the Premium Account. US$72/yr = L$26,000/yr and the valuation changes with the ever changing exchange rate. |
