Question...it may sounds stupid but...
Mon Jun 21, 2004 5:26 pm
Im in a nwoshop right now, and it's written:
Neopian Inflation is currently at 2.31%
You have 5,749 NP to spend.
What is an neopian inflation?
Neopian Inflation is currently at 2.31%
You have 5,749 NP to spend.
What is an neopian inflation?
Mon Jun 21, 2004 5:27 pm
It's not stupid, I knew the answer, can't remember it now, though I've always wondered why that number never rises while the market still does inflate, for example the WoE price going from 100np to 150np all these little thing 
Mon Jun 21, 2004 5:28 pm
with any currency the cost of things inflate when more money is introduced.
Basically it means by how much more expensive items are than they used to be. I don't think the economy has ever deflated either.
Basically it means by how much more expensive items are than they used to be. I don't think the economy has ever deflated either.
Mon Jun 21, 2004 5:32 pm
cap wrote:with any currency the cost of things inflate when more money is introduced.
Basically it means by how much more expensive items are than they used to be. I don't think the economy has ever deflated either.
LoL. Me and the Economy. I never undersatnd anything...Don'T bother explaining me twice, I don't think i'll get it...
Mon Jun 21, 2004 6:27 pm
Heheh, I'm not too hot on Economy either...the cheapest things allus work for me. 
Mon Jun 21, 2004 6:29 pm
cap wrote:I don't think the economy has ever deflated either.
Nope. Lucky us, huh?
Mon Jun 21, 2004 7:43 pm
im right with you there. I remember my dad trying to teach me about it all when i was little, poor guy tried his best 
Mon Jun 21, 2004 8:21 pm
I've take a few classes in economics so I understand pretty well =P
Let's just leave it at....
The more games = the more inflation.
The prices for almost ANYTHING well go up except for worthless items like piles of dung =p
Let's just leave it at....
The more games = the more inflation.
The prices for almost ANYTHING well go up except for worthless items like piles of dung =p
Mon Jun 21, 2004 9:37 pm
It doesn't actually mean much on Neopets, since everything's inflating anyway. =P But back when it was at 1% or whatever, prices in the main shops were lower, than now.
Mon Jun 21, 2004 10:38 pm
Lemmie see if i get this straight... so when people play games more, more np appear out of no where,, therfore, more money in Neopia? so they ahve to make the prices higher so it would kind of be the same as normal prices, because there are more np in neopia to spend?
..... 
i try to hard
..... i try to hard
Mon Jun 21, 2004 10:53 pm
cap wrote:I've take a few classes in economics so I understand pretty well =P
Let's just leave it at....
The more games = the more inflation.
The prices for almost ANYTHING well go up except for worthless items like piles of dung =p
Ok wait...that means that all the prices in the shop are 2.31% more than usual?
Mon Jun 21, 2004 11:40 pm
How I understand it is...
work out how much NP is being made by games
Compare to how much used to earnt, say a year ago.
Work out percentage raise
Raise everythingthat amount from year agos prices.
work out how much NP is being made by games
Compare to how much used to earnt, say a year ago.
Work out percentage raise
Raise everythingthat amount from year agos prices.
Mon Jun 21, 2004 11:42 pm
The number means nothing really...
It used to be 2.35...
It used to be 2.35...