Economy A lesson on micro/macro economics and how it relates to minecraft

Discussion in 'Discussion' started by pringlesman35, Apr 17, 2023.

  1. pringlesman35
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    pringlesman35 Well-Known Member

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    This post had way too much text like 36444 out of 15000 characters allowed so here's a pdf of it, sorry for the spoilers not being spoiled in the document

    TLDR this is a long fleshed out explanation on how an economy works in real life and how it correlates directly into any game you play with trading items, specifically in both economy and skyblock

    why go through this effort to explain all this?
    ive often been asked many questions regarding how an economy works, how or why i and others price stuff

    some faqs often asked regarding this topic
    - What is the difference between eco and skyblock?
    - Why are items listed in /ah more expensive then at peoples islands?
    - How does the server have a direct impact on cost of specific items?
    - How will the 1.19 update effect inflation and why does inflation matter?
    - Why is dirt trade bannable?
    - Why does the server give away gift cards?
    - Why do some players spend money on ranks when they can just use voting gift cards instead?

    This spoiler is what the whole thing looks like
     

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    Last edited: Apr 17, 2023

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