If you saw the size of my bonus from my firm you would understand.
This whole subject is just so boring to me! If content providers raise their prices too high, I would simply stop buying.
YAWN!!!!
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New L$ trading level low - L$317 / $1 USD. |
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Ranma Tardis
沖縄弛緩の明確で青い水
Join date: 8 Nov 2005
Posts: 1,415
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05-19-2006 09:16
I could care less about the value of the Linden. Its value has such a small impact on me. 317 to 1, 350 to 1 or 50000 to 1 or worthless. I would lose about what is paid a month is tier, YAWN!!!!
If you saw the size of my bonus from my firm you would understand. This whole subject is just so boring to me! If content providers raise their prices too high, I would simply stop buying. YAWN!!!! |
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
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05-19-2006 10:17
I could care less about the value of the Linden. Its value has such a small impact on me. 317 to 1, 350 to 1 or 50000 to 1 or worthless. I would lose about what is paid a month is tier, YAWN!!!! If you saw the size of my bonus from my firm you would understand. This whole subject is just so boring to me! If content providers raise their prices too high, I would simply stop buying. You are 1 person and your views don't represent the majority of folks who "do" care about the Linden Dollar decline... _____________________
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Ranma Tardis
沖縄弛緩の明確で青い水
Join date: 8 Nov 2005
Posts: 1,415
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05-19-2006 10:35
You are 1 person and your views don't represent the majority of folks who "do" care about the Linden Dollar decline... Whatever.............I think that most residents could care less about the value of the Linden. Try and not get too upset over this game  |
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Ricky Zamboni
Private citizen
Join date: 4 Jun 2004
Posts: 1,080
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05-19-2006 10:48
I could care less about the value of the Linden. Its value has such a small impact on me. 317 to 1, 350 to 1 or 50000 to 1 or worthless. I would lose about what is paid a month is tier, YAWN!!!! If you saw the size of my bonus from my firm you would understand. Since you brought it up...what do you do, and what was your bonus last year? |
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Ferran Brodsky
Better living through rum
Join date: 3 Feb 2004
Posts: 821
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05-19-2006 11:05
I could care less about the value of the Linden. Its value has such a small impact on me. Let's look a bit at the contradiction shall we. Sorry to single you out here Ranma, but I see a lot of people say they dont care or are unaffected, then turn around and say that they would change their behavior. I'm just using you as an example because of proximity, nothing personal. If content providers raise their prices too high, I would simply stop buying. So many people say they would be unaffected and not care, but then they turn around and give a reaction statement that is contrary. Content providers invest their time in SL, not all of them live off their L$, many of them just pay off their tier. If the L$ continues to drop in value content providers will have to raise prices to continue to just keep their maintainance afloat. If people stop spending that 40 cents US on that chair, couch, hat, dress, animation then that content will vanish. SL without content is just AIM or IRC or, whatever, pick a chat interface. In actuality if content providers raise prices they will still be charging the same... say a dress before cost 150 L$ which is 57 cents at 250 L$ per USD... At present the market value (316) of that skirt is worth 45 cents... To get the 57 cents from it the new price would have to be 190 L$ In actuality changing your buying habbits because something costs THE SAME AMMOUNT is just not a concept I can grasp. The only reason I can see buying habbits change is for people who only live off their stipend. If you are living off your stipend and noticing your buying power go down, content creators are not the people you would want to hurt, they make SL go. And if you are changing your buying habbits because you live off your stipend then you cannot say you dont care or you are unaffected. After all for every 150 of stipend you lost 12 cents of buying power. Sadly, stipend will never change with inflation. If you are buying L$ the amount you spend purchasing L$ doesnt change, you just get more L$ _____________________
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Ingrid Ingersoll
Archived
Join date: 10 Aug 2004
Posts: 4,601
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05-19-2006 11:11
I could care less about the value of the Linden. YAWN!!!! Well thanks for taking the time to post and even including a cute little picture in a thread you care so little about! _____________________
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Ranma Tardis
沖縄弛緩の明確で青い水
Join date: 8 Nov 2005
Posts: 1,415
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05-19-2006 11:11
Since you brought it up...what do you do, and what was your bonus last year? Finance Officer for the best company in the World! Japan is on top again! The American companies are headed straight down due to the greed and incompence of their managament. People that will destroy their firms just to make a dollar! I get bonus twice a year I could use it to buy myself a new car if it was my desire |
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
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05-19-2006 11:18
Finance Officer for the best company in the World! Japan is on top again! The American companies are headed straight down due to the greed and incompence of their managament. People that will destroy their firms just to make a dollar! I get bonus twice a year I could use it to buy myself a new car if it was my desireJapan GDP: $3.914 trillion (2005 est.) US GDP: $12.41 trillion (2005 est.) What did you say about Japan? _____________________
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Ranma Tardis
沖縄弛緩の明確で青い水
Join date: 8 Nov 2005
Posts: 1,415
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05-19-2006 11:26
Let's look a bit at the contradiction shall we. Sorry to single you out here Ranma, but I see a lot of people say they dont care or are unaffected, then turn around and say that they would change their behavior. I'm just using you as an example because of proximity, nothing personal. So many people say they would be unaffected and not care, but then they turn around and give a reaction statement that is contrary. Content providers invest their time in SL, not all of them live off their L$, many of them just pay off their tier. If the L$ continues to drop in value content providers will have to raise prices to continue to just keep their maintainance afloat. If people stop spending that 40 cents US on that chair, couch, hat, dress, animation then that content will vanish. SL without content is just AIM or IRC or, whatever, pick a chat interface. In actuality if content providers raise prices they will still be charging the same... say a dress before cost 150 L$ which is 57 cents at 250 L$ per USD... At present the market value (316) of that skirt is worth 45 cents... To get the 57 cents from it the new price would have to be 190 L$ In actuality changing your buying habbits because something costs THE SAME AMMOUNT is just not a concept I can grasp. The only reason I can see buying habbits change is for people who only live off their stipend. If you are living off your stipend and noticing your buying power go down, content creators are not the people you would want to hurt, they make SL go. And if you are changing your buying habbits because you live off your stipend then you cannot say you dont care or you are unaffected. After all for every 150 of stipend you lost 12 cents of buying power. Sadly, stipend will never change with inflation. If you are buying L$ the amount you spend purchasing L$ doesnt change, you just get more L$ It has more to do with the fact I have so much inventory already. Another new dress, shoes or whatever only means so much to me. I have been discovering the joy of making things myself. I am working on a defense sat. It will keep known pests from over my land. The truth is that I am just not getting xcited over the falling Linden. The sun will rise tommorow as it always does. The world will not end as we know it. Ah what more needs to be said! |
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Ricky Zamboni
Private citizen
Join date: 4 Jun 2004
Posts: 1,080
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05-19-2006 11:27
Finance Officer for the best company in the World! Japan is on top again! The American companies are headed straight down due to the greed and incompence of their managament. People that will destroy their firms just to make a dollar! I get bonus twice a year I could use it to buy myself a new car if it was my desireWhat kind of car?  CFO? Are you an accountant by training? |
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Svar Beckersted
Registered User
Join date: 14 Apr 2006
Posts: 783
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05-19-2006 11:31
Finance Officer for the best company in the World! Japan is on top again! How I wish this were true since my IRA is invested in Japan but the last time I looked the Nikki was still less than 1/2 of its all time high value, you must be young, go talk to your senior management. |
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Ranma Tardis
沖縄弛緩の明確で青い水
Join date: 8 Nov 2005
Posts: 1,415
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05-19-2006 11:40
Japan GDP: $3.914 trillion (2005 est.) US GDP: $12.41 trillion (2005 est.) What did you say about Japan? Toyota and Honda are opening new plants within the United States while GM and Ford are closing them and moving them to Mexico. A lot of that 12.41 billion represents the income of Japanese Firms! GM and Ford are trying to sell their crud again in Japan. In Japan vehiciles are taxed by the size of their engine and by weight. A small cars taxes are about $200 for 2 years. A big American car can cost $1000 a year and it is hard to find a parking space for it! Oh yes you need to get a parking permit before registration can take place. It is not Japan stopping GM and Ford from selling cars in Japan, it is the fact they do not do their homework!It is also their great quality. I went shopping for a new car recently and will not buy one rusting on the showroom floor! |
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Ricky Zamboni
Private citizen
Join date: 4 Jun 2004
Posts: 1,080
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05-19-2006 11:49
It is not Japan stopping GM and Ford from selling cars in Japan, it is the fact they do not do their homework!It is also their great quality. I went shopping for a new car recently and will not buy one rusting on the showroom floor! ...and while Japanese automotive engineers were designing hybrid cars and more efficient engines, Ford and GM were figuring out how to fit a TV into the headrest.  |
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
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05-19-2006 11:53
Toyota and Honda are opening new plants within the United States while GM and Ford are closing them and moving them to Mexico. A lot of that 12.41 billion represents the income of Japanese Firms! GM and Ford are trying to sell their crud again in Japan. In Japan vehiciles are taxed by the size of their engine and by weight. A small cars taxes are about $200 for 2 years. A big American car can cost $1000 a year and it is hard to find a parking space for it! Oh yes you need to get a parking permit before registration can take place. It is not Japan stopping GM and Ford from selling cars in Japan, it is the fact they do not do their homework!It is also their great quality. I went shopping for a new car recently and will not buy one rusting on the showroom floor! Doesn't matter to me, the more labor manufacturing jobs that we can offshore, the better. The world is becoming more globalized and if GM and Ford are too stupid to layoff all those expensive Union workers and move the factory to China, then the hell with them.. America is a Service Based Economy. Manufacturing is going into the toilet. Anybody who works at a factory in the US can count the length of their employment with an egg timer. Offshoring is good for America because it free's our economy to grow into a 21st century labor force that is highly skilled. It also allows the goods we need to be purchased for a cheaper price and in turn creates a higher standard of living for Americans. We don't build the Flat Screen TVs, we run the internet you used to purchase the flat-screen TV. 4.7% Unemployment says it all.. In a country of 300/million _____________________
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Ricky Zamboni
Private citizen
Join date: 4 Jun 2004
Posts: 1,080
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05-19-2006 12:02
4.7% Unemployment says it all.. In a country of 300/million IIRC, that number is highly skewed as it does not include those people who have used up all their unemployment benefits and are no longer eligible to collect or aren't actively looking for work. |
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
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05-19-2006 12:10
Lets assume it is skewed.. The overall unemployment
trend is heading down. So skewed or not, the trend direction is showing that available labor is declining and more people are working. Taken straight from the BLS.GOV website:  http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=LNS14000000 _____________________
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mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
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05-19-2006 13:47
Doesn't matter to me, the more labor manufacturing jobs that we can offshore, the better. The world is becoming more globalized and if GM and Ford are too stupid to layoff all those expensive Union workers and move the factory to China, then the hell with them.. America is a Service Based Economy. Manufacturing is going into the toilet. Anybody who works at a factory in the US can count the length of their employment with an egg timer. Offshoring is good for America because it free's our economy to grow into a 21st century labor force that is highly skilled. It also allows the goods we need to be purchased for a cheaper price and in turn creates a higher standard of living for Americans. We don't build the Flat Screen TVs, we run the internet you used to purchase the flat-screen TV. 4.7% Unemployment says it all.. In a country of 300/million Wow RBD, I agree with you this time. |
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Pratyeka Muromachi
Meditating Avatar
Join date: 14 Apr 2005
Posts: 642
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05-19-2006 15:16
No offense, Jonas, but its obvious you are an osterich. Please, go bury your head in the sand. Its obvious you won't be joining us in any action we may take to remedy this severe recession / depression SL is about to go through. For you education, it's spelled OSTRICH!!! And please tell that Bush guy it's NUCLEAR, not NUCULAR! _____________________
gone to Openlife Grid and OpenSim standalone, your very own sim on your PC, 45,000 prims, huge prims at will up to 100m, yes, run your own grid on your PC, FOR FREE!
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Ranma Tardis
沖縄弛緩の明確で青い水
Join date: 8 Nov 2005
Posts: 1,415
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05-19-2006 16:35
How I wish this were true since my IRA is invested in Japan but the last time I looked the Nikki was still less than 1/2 of its all time high value, you must be young, go talk to your senior management. Hmmm not all of our money is invested in the Nikkei Soon Toyota is going to have over 50% of the American auto sales. General Motors has bought itself to the brink of bankruptcy. With all of the closings of its US plants it will not get any help in Washington. The management has brought them to the brink of disaster! Remember it was the management that signed the deals with the Unions and made an atmosphere of hate and mistrust. Now they blame their workers, a sure sign of a miserable failure, i.e. blame someone else. Toyota is ahead on hybrid cars and sooner than you think, new fuel cell autos will be available. GM and Ford are still selling oversize people traps as dangerous to other vehicles as themselves. They sell them to make more per unit instead of being responsible to their buyers and themselves. Now with the price of fuel rising the demand is dropping very quickly. Their shortsighted goals will doom them. |
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Fade Languish
I just build stuff...
Join date: 20 Oct 2005
Posts: 1,760
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05-19-2006 17:22
In this current market enviroment, it is better to hold US$ and buy Linden Dollars when you need them. Absolutely. And this whole under-cutting theory. Bullshit. There's no 'fair' price, no imperative to consider others when deciding what price to sell at. Lots of L$ for sale and you want to shift yours? You beat the price, that simple. Perfectly reasonable, fair and rational. As is opting for the relative security of US$ in times of uncertainty. Not everyone selling would be panicking, some of them would be making a very sound decision, and know exactly what they're doing. If you're losing money because of where the L$ is at, just adjust your prices accordingly. _____________________
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Ravenous Dingo
Registered User
Join date: 25 Feb 2005
Posts: 78
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05-19-2006 17:34
penis waving is teh funny
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
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05-19-2006 17:36
Hmmm not all of our money is invested in the Nikkei Soon Toyota is going to have over 50% of the American auto sales. General Motors has bought itself to the brink of bankruptcy. With all of the closings of its US plants it will not get any help in Washington. The management has brought them to the brink of disaster! Remember it was the management that signed the deals with the Unions and made an atmosphere of hate and mistrust. Now they blame their workers, a sure sign of a miserable failure, i.e. blame someone else. Toyota is ahead on hybrid cars and sooner than you think, new fuel cell autos will be available. GM and Ford are still selling oversize people traps as dangerous to other vehicles as themselves. They sell them to make more per unit instead of being responsible to their buyers and themselves. Now with the price of fuel rising the demand is dropping very quickly. Their shortsighted goals will doom them. Time to load up on iShares MSCI Japan Index (EWJ) _____________________
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Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
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05-19-2006 17:38
Absolutely. And this whole under-cutting theory. Bullshit. There's no 'fair' price, no imperative to consider others when deciding what price to sell at. Lots of L$ for sale and you want to shift yours? You beat the price, that simple. Perfectly reasonable, fair and rational. As is opting for the relative security of US$ in times of uncertainty. Not everyone selling would be panicking, some of them would be making a very sound decision, and know exactly what they're doing. If you're losing money because of where the L$ is at, just adjust your prices accordingly. As it continually shifts downward, one has to see the undercutting. Rational or not, it drives the exchange rate in a single direction. Now my question is: why should LL remove a bonus premium members pay for to make linden dollars more profittable for the ones who drive it down? They are causing the devaluation themselves, an no matter what LL does, only one group can affect the final outcome of the exchange rate. The sellers. The ones complaining are the sellers. The ones causing the situation are the sellers. As Jamie has said..she would do anything to fix the problem that didn't cut her monetary flow. Which means she keeps selling lower. If you keep selling lower and lower, don't expect others to bear the brunt of 'fixing' it. And some of these trolls say premium members want their stipend because its a handout. We pay for them..and they are the ones wanting the handout with a 'fix' to a problem -they- cause. |
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Fade Languish
I just build stuff...
Join date: 20 Oct 2005
Posts: 1,760
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05-19-2006 17:42
Doesn't matter to me, the more labor manufacturing jobs that we can offshore, the better. The world is becoming more globalized and if GM and Ford are too stupid to layoff all those expensive Union workers and move the factory to China, then the hell with them.. America is a Service Based Economy. Manufacturing is going into the toilet. Anybody who works at a factory in the US can count the length of their employment with an egg timer. Offshoring is good for America because it free's our economy to grow into a 21st century labor force that is highly skilled. It also allows the goods we need to be purchased for a cheaper price and in turn creates a higher standard of living for Americans. We don't build the Flat Screen TVs, we run the internet you used to purchase the flat-screen TV. 4.7% Unemployment says it all.. In a country of 300/million I agree with this also, Australia's moving in a similar direction, and it's a good thing. We shouldn't be trying to compete in manufacturing, we can do other things so much better. _____________________
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Fade Languish
I just build stuff...
Join date: 20 Oct 2005
Posts: 1,760
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05-19-2006 18:04
As it continually shifts downward, one has to see the undercutting. Rational or not, it drives the exchange rate in a single direction. Now my question is: why should LL remove a bonus premium members pay for to make linden dollars more profittable for the ones who drive it down? They are causing the devaluation themselves, an no matter what LL does, only one group can affect the final outcome of the exchange rate. The sellers. The ones complaining are the sellers. The ones causing the situation are the sellers. As Jamie has said..she would do anything to fix the problem that didn't cut her monetary flow. Which means she keeps selling lower. If you keep selling lower and lower, don't expect others to bear the brunt of 'fixing' it. And some of these trolls say premium members want their stipend because its a handout. We pay for them..and they are the ones wanting the handout with a 'fix' to a problem -they- cause. Of course people are undercutting each other, I guess that's what you're doing when you compete in price. It's just not the cause. They are responding to a situation, rather than causing it. I kinda see what Jamie said as 'fair enough' really... there's just no reason to give up your liquidity, that's not a fix. You know I agree the stipend is paid for, and I pay for one too. I wouldn't care if they took it away however, personally, but if they reduced it or removed it, all current agreements should be honoured until they expire. After that both parties are free to negotiate a new deal (heh heh negotiate, what I mean is, they can offer, and we can decide whether or not to accept). It's not the only thing that could be done, or a 'fix' I'm pushing, at least not in isolation. But speaking of undercutting, LL is undercutting everyone, by the most, with the biggest volume. So, logically, who would be most responsible for the devaluation if undercutting was the cause? _____________________
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