ElHefe Posted September 15, 2014 Share Posted September 15, 2014 (edited) If you think about it, Credits really are odd little things ... They are a fictitious currency - "earned" by completing regular missions, "made" by selling Inventory items, "spent" in Market and Foundry and "taxed"* in Dark Sector missions But where do Credits come from? In real world economies, currency is a representation of value established by governments and banks as a mechanism for the convenient exchange of goods and services In Warframe, Credits just "appear" ... Every day, untold number of Credits move in and out of personal, clan and alliance accounts with sundry transactions But who "prints" the currency? The obvious answer is that DE does ... They are the Central Bank of Warframe - the DEcentral Bank if you like And Credits are nothing more than a placeholder for potential activities - not a real currency However, in light of the contentious debate over Rail "taxes", Credits are often CONSIDERED to be real ... Considerable acrimony, distrust and disillusionment result from the perception that - like in the real world - the rich just get richer is true in Warframe However, the number of Credits increases simply on the basis that the number of players - or consumers, taxable citizens - increase This is a dynamic which does not have common real world correspondence Furthermore, since an unlimited supply of currency (the "mo muneh mo muneh" Keesian adherents) typically leads to inflation (the "more costly more costly" Greenspan adherents) DOES NOT APPLY to Warframe, there are no consequences to the ever expanding money base (i.e. total Credits in the Warframe universe) Therefore, while it may be so that the "rich get richer" the truth of the matter is that everyone gets richer Now, this argument does not address the issue of how Alliances "earn" Credits (AND Resources) through ownership of a Rail ... That dynamic is more like owning beach front property and enjoying PASSIVE income However, I wonder if the whole debate over Warframe Economics might shift into a more neutral tone if things were kept in perspective I end with some questions: 1. Do you have a better model for the Warframe Economy? 2. Do you have a better explaination for the Warframe DEcentral Bank? 3. Do you give a rip about any of this when it comes to Dark Sector conflicts? I look forward to your responses and request that this thread not be considered a debate forum, just a place to post ideas DISCLAIMER: I am not a professional economist nor work in the financial industry and welcome correction and clarification of statements made in this OP Edit: In the opening sentence the term "tax" is used ... A more accurate term would be "Currency Exchange" as technically one is taking currency out of a "sovereign" territory Likewise, the term "tax" on Resources is also incorrect - "customs duty" or "export tariff" are more accurate In Dark Sectors the term "tribute" is used ... Derived from the Latin tributum (contribution) was a levied payment madeout of deference (respect) but most often in submission or allegiance to a sovereign During the republic of Rome, this was typically a large amount and was used to wage war So apparently both war and taxes never change ... Edited September 16, 2014 by ElHefe Link to comment Share on other sites More sharing options...
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