Economy Discussion

Not sure where to put this, so I hope mods can figure it out and place it there.

Hi all! This is your freindly neighbor hood sometimes Merchant NPC. Playing Captain Morgan has gotten me an interesting perspective on our Economy in game. One thing I have observed off the bat, is that a very very few of you actually have Coin. I have also observed that Logistics usually has no coin either. Which means in the scant few years that James bought the new set of coins til now, some very few of you are sitting on a heap of gold the size of a swimming pool and doing nothing with it. This completely tanks our Economy, by the way, and makes alternative currency necessary. The bank allowed some commerce to continue through paper based bank transfers and ledger transfers. But, with very few exceptions, coin currency is really not trading hands.

If you have coin in amounts that rival Fort Knox, turn it in. You literally lose nothing by depositing it, and there is some percentage of gain through interest with the bank. If you really need to keep it on you, use trade currency. If you are afraid of having a bank transaction, just turn in the gold at logistics for a bag of gold item card. No IC records are kept on that. Alternatively melt the gold into gold bars, again turn the coin into logistics and get an item tag.

I may be not seeing the whole picture here, so please correct me or put your thoughts on this thread.

I am in somewhat agreement with you on the hoarding thing.... Its that way with gems too. I know since I have been here, the most I have had in my hands in terms of physical coin was 300.... and that was for all of twenty minutes (go from bank to players for dispersion)

Most I've had on my person was something around 50 and that was only because of a withdrawal. Most I usually have is about ten... if I have coin.

Coin and gem hoarding is a problem with the Economy at KR. And there have been players to admit that they need to start making deposits. Some characters, such as Dragoons, require a lot of gems in order to advance in their heroics, which can explain gem hoarding. But having a huge box full of coins, while the idea is awesome, really hurts everyone else. I have thousands of gold as Sebastien. But I only carry enough to buy breakfast. Back when I ran the BlackBird, I used to turn in chests full of gold after a good night, and the LMs would cry.

There are a lot of other ways to pay for things, and make exchanges between players. But if every player had the ability to carry at least 50 gold on them at a time, there would be less hoards of folks making bank transfers. It makes trading among each other much smoother, and regulates the economy of things such as essences, which pile up because it's hard to sell them to someone who doesn't have physical gold.

Bank your physrep coins, guys. The next time you need to make a big withdrawal of more than like, 30 gold, get it written on an item card.

((Off-Topic is definitely the place for this.))

I heard rumor of an inflation exploit people have found and abused using "Bag of Gold" cards.

Please do not make that your solution.

Unfortunately short of allowing marshals to sign off on bank transfers outside of logistics (which I do not think should be a thing because it's a system that could also be abused), there's not a good way to handle transactions besides coins or bags of gold. And as someone is is often first shift MM, there's so much gold that gets withdrawn first shift, especially by people doing guild kickups, that drains logistics for the weekend and makes it very difficult to loot our NPCs, which continues to make getting the gold out there to players via NPCs difficult.


Edit: and I'm curious what the inflation rumor is because this is the first I've heard of it.


I know a lot of people hate bags of gold because if you're hit by a pickpocket, one use of pickpocket gets you one coin or item card. One coin vs one bag of 100 gold is a very distinct difference.