Alter Aeon Community Forum
June 06, 2020, 11:43:06 am *
Welcome, Guest. Please login or register.

Login with username, password and session length
News: Registration is enabled!  Please register using the name of your primary character in-game.
   Home   Help Search Login Register  
Pages: [1]
Author Topic: Bank idea  (Read 3809 times)
Posts: 15

View Profile
« on: February 27, 2009, 09:22:20 pm »

idk if this ever been brought up but i think it would be neat to see that money we deposit in the bank draw some sort of intrest there would prob have some limitations to it of course like maybe the less money u have in it the higher percent and the more money in it the less percent

The Keeper Of Life
Jr. Member
Posts: 57

View Profile
« Reply #1 on: February 28, 2009, 12:27:40 am »

The amount that you can deposit in a bank is capped at 1 million gold before you begin to get penalized. The idea is pump gold out of your hands and back into the game. Collecting interest on how much gold you have in the bank is unlikely to ever happen.

You are too exhausted to do that.
Full Member
Posts: 249

View Profile WWW
« Reply #2 on: March 02, 2009, 03:01:50 pm »

Germs is right, in that getting gold back into the economy is more important than allowing people to save it.  In the real world, there's this thing called 'inflation' that tends to stabilize things; every year, inflation makes your savings worth less if you don't put it to work.

How do you put it to work?  You deposit it into an account that bears interest, then someone else takes that money and invests it.  Or, you can invest it yourself.  If you stuff it into your mattress, every year it becomes worth less.

In the mud, the economy isn't big enough or open-ended enough to have inflation.  Rather, we have a different way of handling it:  the amount of money is held (relatively) constant through the use of offsets, total holdings by a single entity are limited, and savings are taxed.  So, if you don't put your money to work (spend it on a clan, trade it for eq, buy potions, etc) it becomes worth less through taxation.

This helps keep the money system functional.  We still need more stuff for people to spend gold on though.  All in good time.
Pages: [1]
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.21 | SMF © 2006-2008, Simple Machines Valid XHTML 1.0! Valid CSS!
Page created in 0.065 seconds with 17 queries.