Skip to Content
1-17-2012 @ 8:45PM
Perhaps I'm misunderstanding the theory behind this, but are you saying:(Price now - Price 10 years ago) / Price 10 years ago = inflationEg. Bread 10 years ago = $1Bread now = $1.10(1.1 - 1) / 1 = 10% inflationI'm not sure tracking the price of raw mats like this is going to provide a similar method of measuring inflation. Prices on the AH generally spike after a patch and come down over time as demand for the mats drops. Bread does not do this (Banana's do in flood/cyclone season in Australia, but I hate bananas anyway..).We all know how it works by now: as demand for enchants drop, enchanters buy less essences, more sit on the market and get undercut and the price drops. Because the essences/dusts sell for less money, I respond my lowering my maximum buy price for Elementium/Saronite Ore and the price of the ore drops too.Essences just after 4.3: 100gEssences now: 70gInflation = (70-100)/100 = -30%So are we saying the value of gold has gone up since 4.3? Sure i can buy more essences for the same amount of gold, but I don't want to buy essences, I want to sell them. I thought inflation was to do with how rich you are compared to your peers (in wrath the average player had 10k gold, now the average player has 20k gold, so gold is worth 1/2 of what it was in wrath).
First time? A confirmation email will be sent to you after submitting.
Members enter your username and password.
Enter your AOL or AIM screenname and password.
Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.
When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.