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Economic Repair?
Jon Rolland
Registered User
Join date: 3 Oct 2005
Posts: 705
05-11-2006 11:48
Does LL have any plan to repair the damage they've done to the economy?

2006-05-07 298 299 8,717,024 297 298.45 302 4 4,015 196,619
2006-05-08 299 306 8,080,262 299 302.86 500 12 4,058 117,316
2006-05-09 306 304 7,734,617 302 304.14 310 19 4,577 345,005
2006-05-10 304 305 6,692,582 304 306.37 2000 6 4,389 200,000

Today's average: L$310.3565 / US$1.00

You've announced your plan to sell lindens as the economy "can absorb" them. Apparently the economy can't even absorb such an announcement. Do you have any plans to repair your train wreck? The Lindex is in a free fall this isn't stable healthy inflation it's market collapse in response to bad linden policy. Do you care? If so what's your plan to remedy the situation?

Edit: Update

Today's average: L$311.4240 / US$1.00
Torley Linden
Enlightenment!
Join date: 15 Sep 2004
Posts: 16,530
05-11-2006 17:49
Asking about this...
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Robin Linden
Linden Lifer
Join date: 25 Nov 2002
Posts: 1,224
05-12-2006 09:38
We're aware that the exchange rate is climbing and understand that people are concerned. Limit buy orders will be introduced as soon as we complete testing, and a reduction in L$ entering the pool goes into effect next Tuesday with the first step in phasing out the traffic bonuses.

We continue to evaluate other options for managing the economy and will let you know as we make additional changes.
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