The Stock Market

DanP740 · Post by **DanP740** » Sat Jun 14, 2008 7:21 pm

That animated chatroom thing would be like... way too complicated, and I'm sure some people would prefer the current way

Azariah Ben Yaakov · Post by **Azariah Ben Yaakov** » Sat Jun 14, 2008 8:38 pm

Animated chat room is up to Tim. But really, economic doom isn't such a bad thing, that isn't what this board is about. The rich get richer and the poor get poorer. Either way, SOME stability would be nice

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EK · Post by EK » Sun Jun 15, 2008 4:39 am

Of course it's not what the board is about...but since the money is there...it ought to work right.

Fei · Post by **Fei** » Sun Jun 15, 2008 5:44 am

Here's my honest, two cents here. If it sounds crazy, then totally block out anything I've said from your memory.

I think that two things should happen. If we keep jobs, tax doesn't seem needed, just lower all job incomes, since you'll get a lower amount anyhow.

But doing that seems just to cover it up, more than solve the issue.

My second thought is as "crazy" as the economic turn over made my sekha. I propose that the jobs are completely ditched, and the money reset. How will people get money? By posting. We could raise the posting money, by 5 dollars or so. This method would also be good because it encourages activeness.

Again, just ramblings from my crazy mind.

EK · Post by EK » Sun Jun 15, 2008 5:52 am

That's about what we've said for the past 2 pages.

Fei · Post by **Fei** » Sun Jun 15, 2008 8:13 am

ek wrote:That's about what we've said for the past 2 pages.

Well I summarized it!

Skid · Post by **Skid** » Sun Jun 15, 2008 3:35 pm

How about if instead of giving a set salary, additional degrees just increase the amount of money you get per post? This would give a reason to buy things, and still to post.

Trent DeWhite · Post by **Trent DeWhite** » Sun Jun 15, 2008 3:38 pm

That's an intriguing idea. Unfortunately, I don't think you can link items owned to money made per post. If you change the amount of money earned per post, it affects everyone.

Danadelfos · Post by **Danadelfos** » Sun Jun 15, 2008 9:34 pm

I haven't read anything other then the first page, but I voted yes. $\:D/$

I voted yes, because #1 it encourages activity on the board because there's another added feature to spend time on, especially when the board gets slow. #2 I want another way to earn money/lose money. #3 Our economy will be more like a real economy with some being rich, and some poor! w00t! $\:D/$

COWBOY OF TEXAS · Post by **COWBOY OF TEXAS** » Mon Jun 16, 2008 12:15 am

I voted "yes," however, what does Corey have to say about all of this?

Can a tax be instituted? (a tax would basically be covering all the "day-to-day cares" that we have in the real world.) Whether or not it can be done would greatly help the discussion of what should happen on the ToO.

Dare I say it... the interest rate can always be lowered if you're that concerned, or gotten rid of. But please don't. =(

Saying a single person is too rich, as Dr. Watson mentioned, is Socialistic/Communistic. (And we all know how that worked for the Russians and what's going on in North Korea...) "Redistribution of wealth" is Communism and since most of us live in a free enterprise country, I don't see how some of you on the board cam be so for it: they're founding principles are so contrary. Yeah! Let's all be equally poor! $\:D/$

Someone mentioned that the stock market is gambling? So is driving... yay! Err...

EK: Since we earn fake money, in a fake world, why should we be bothered that the fake stock market is backed by anything real?

Inflation seems to be a major concern... but why? It's not real money anyway, and it seems like the reasons I keep hearing for why there's so much money is not because you earn so many cents per post or because you earn so much per degree, but the major, re-accurring phrase that keeps coming up is "they just don't have any desire to spend." Maybe the system was never broken, just the people...

Give the people the desire to buy and they will.

-Cowboy

Azariah Ben Yaakov · Post by **Azariah Ben Yaakov** » Mon Jun 16, 2008 12:30 am

I agree with COT on this one.
We live in a "Rich get richer, and poor get poorer" environment, and it isn't a bad thing.

We don't need another reset.
We don't need to do away with the jobs.

At least not in my opinion. The money sets a difference among the people, and emulates real life in this situation.

Besides that, it isn't even a big deal! The reason why I am in high favor for adding the Stock Market back in is this;

The people who want it, reap the benefits of it. The people that don't want it, are none more bothered than what they were in the first place, because no matter what their will be instability. So the stock market will not create that on it's own

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EK · Post by EK » Mon Jun 16, 2008 4:46 am

Of course it's not a big deal. If it was my choice I would delete the money system in it's entirety.

And no, it doesn't emulate real life...wheres the so-called middle class in all this? Nowhere to be found.

It matters because this aspect of the ToO is a game yes it's fake but that's why it's a game and if the rules of the game are unbalanced or unfair...the game will cease to be fun for everyone.

I hate the money system, but as long as it is there- I would like it to work right at least.

We live in a "Rich get richer, and poor get poorer" environment, and it isn't a bad thing.

What?
...Yeah it isn't a bad thing...for the rich!

If the poor continue to be poor, they obviously won't be able to enjoy all of the features of the ToO that require money.

I don't think controlling the monopoly that the rich have over the ToO's economic aspect's in general is communistic. In a real economy capitalistic governments bring down said monopolies.

You guys talk about the community aspect of the ToO being the most important (which it is) but yet you say there shouldn't be a sense of fairness to the money system...fine...wait a for a few more terms until the money once again is like it was a few terms ago.

Then you will see how inflation destroys a capitalistic society.

Buuuuuut once again...i'm not the mayor so i'm not going to bother myself with this.

Azariah Ben Yaakov · Post by **Azariah Ben Yaakov** » Mon Jun 16, 2008 4:02 pm

I would want to keep the money system, but such a predictable system, I wouldn't.

You have individuals with barely any money, then those who are semi rich *Middle class* and then rich. That is the way it was before the economy reset.

Who says the rules of the game have to be fair? You make of it what you can. If you want more money, then you need to find something that works toward your goal.

The rich stay rich, and if you want to be one of those people, then you need a way to get there. That is one of the abilities of the stock market. It can bring some stability, if the people with less money use it, they will grow with that, and the rich can certainly use it as well to gain their profit. They can both lose some too, obviously

.

Just because you're not an admin doesn't mean you can't voice your opinion, lawl.

I think you have a good point, I just don't see how we can get a stable economy without either getting rid of the job system, or resetting it every few months. And by getting rid of the job system, we lose a lot of our money in the first place. Everyone will be on low income with just posts, and those who have an average post rate way up in the sky will bank, become rich, and we are back where we started, with an uneven community. I don't really see the problem in having an uneven monetary system, and with that, I would rather have higher income than lower income. the only "cure" I see to it, is designing more uses for the money. More items, something ELSE that it can be spent on....I don't really know.

Fei · Post by **Fei** » Mon Jun 16, 2008 4:41 pm

I know this is ignorant, but why is the money so important?

SivartM · Post by **SivartM** » Mon Jun 16, 2008 4:43 pm

Birdie wrote:I know this is ignorant, but why is the money so important?

Without money, we couldn't buy education to get better jobs and make more money! $\:D/$

JD · Post by JD » Mon Jun 16, 2008 4:44 pm

if you don't feel money is important than give it to me i feel it is important.

Fei · Post by **Fei** » Mon Jun 16, 2008 4:46 pm

Jared deWhite wrote:if you don't feel money is important than give it to me i feel it is important.

Yet I echo my question, why?

Haha we'll see.

Dr. Watson · Post by **Dr. Watson** » Mon Jun 16, 2008 5:13 pm

Why have avatars? Why have signatures? Why have mayors? Why even have a message board? Why couldn't we just be on an email list about AIO?

The answer is, Shadowpaw meant for this board to be a step above the Town Hall and the money was part of that step above. Is it absolutely necessary? No. Is it the board's main attraction? No. However, it does provide some appeal and does contribute to the overall funness of the board.

Fei · Post by **Fei** » Mon Jun 16, 2008 5:23 pm

Dr. Watson wrote:Why have avatars? Why have signatures? Why have mayors? Why even have a message board? Why couldn't we just be on an email list about AIO?

The answer is, Shadowpaw meant for this board to be a step above the Town Hall and the money was part of that step above. Is it absolutely necessary? No. Is it the board's main attraction? No. However, it does provide some appeal and does contribute to the overall funness of the board.

I guess it does. Without the money, this would just be another plain ole message board.

jasonjannajerryjohn · Mon Jun 16, 2008 11:20 pm

SivartM wrote:
Birdie wrote:I know this is ignorant, but why is the money so important?
Without money, we couldn't buy education to get better jobs and make more money! $\:D/$

And thus is the circular reasoning kids!

The Town of Odyssey

The Stock Market

Should we put the Stock Market back?