Teva in recession?

[bionical2k]

ok now we have to be serious ppl coz there are too many greedy ppl out there

im talkin about the economy

quick lessen for you

DO NOT sell torn leather at 150c cause ppl wont buy. if u are buying then plz dont buy at over inflated prices

some quick maths for you

most pwr scrolls sell for between 75c and 125c. this means 3 torn leather and 2 summoned beast leather which equals 5 mats

so if u buy each mat at 150c each = 750c expenditure and the average price for a power scroll being say 100c then u lose 650 c and have NO reason to complain and ask other PPL to give u money. i sell torn leather at most for 15c each as this is reasonable 3 X 15c = 45c same for SBL? 2 x 15 = 30c total for these is 75c so when u turn them into power scrolls sell the the scrolls for 100c to 125c to make a profit and ppl WILL buy them.

by selling these and other mats at way over the odds inflated prices u r ruining the games economy. there are too many greedy players here and im not talking about bots or gold spammers. i sold mine for alot less and made a small fortune in minutes

Low quality materials are NOT worth more than mid quality materials. not only this but ppl are complaining that they have no cash to buy any scrolls or potions more importantly they cannot afford to buy armour and weapons so STOP and THINK economics. 100c for HP potions? give me a break.


so hence the title for this thread.

IS TEVA IN RECESSION?

[adryden1313]

i was thinking the same thing when i was in Uru and saw Eldy scrolls selling for 1.5s prices have been getting WAY outta hand lately =0(

[blazshadowkill]

Who would buy torn leather at 150c!?!? Unless absolutely desperate, I do think certain mats are worth more than others because of priority and rate of drop, if you want to maximize profit than just get MQ scroll mats decomp them and you actually save money on making scrolls and you even further another skill. As for the price of scrolls, they are inflated because of supply and demand. More people want scrolls when grinding which creates an opportunity for scroll makers to rise prices a little, I usually sell scrolls at 200c each but what gets me is when people make scroll shops "Selling scrolls cheap" but when you go to look at the scrolls you only really look at the copper price and see a number like 90c or something like that. When in reality it is 1s and 90c. GM's really need to buckle down on these people since it is a form of scamming.

[Jhanniss]

The way you combat this is to simply not sell or buy to these folks if it's really that much of an issue. If people wish to buy/purchase such for that price then that is ultimately their perogative. Some may wish to ensure they attain the item(s) by setting a higher buy price than those around them.

[SalaDarth]

thats simple. its a free game. We got probably 3,000? players that are between the age of 6 and 16. That have no idea about econnomy or what is right.
They sit there asking Gold for 300silver items.
Morons charging 150c for leather and complain at scroll prices.
Idiots who charger over 90c for dim dust and complin about elrue, lix and xir prices.
and the person who goes, whoops I am broke give me an extra 20s for this item after agreed price.

They are just greedy little kids that have no idea how to respect other people, and will most likely never read this thread either because they cant read well yet, or they are 10 and could care less because they have never had anything past an allowance.

two ways to handle this.
1. if you see someone with a guild tag being a moron about items, being greedy. GW them on the grounds of a deadly sin, Greed. and dont be all you #$%^. Just flat out say, your ripping people off. So gonna guild war you every time I see you rip them off. Teaches them a lesson that way.

2. second one, mind you I rather kill greedy people but hey, is to Address the adult players, not the ones selling it. The kids wont waste money on people selling at there own prices, does not make sence to them. Instead get to the adults who know how to work the game correctly and sell them at the correct price work as a community of intellegent adults to fix it, Just like teaching the bully who is picking on your kid, get the other kids parents envolved so to speak.

You do run into the (cencored) adult who does jack up prices, but those are far and few between and you probably already want to kill him from something else in the game anyway, so no point addressing them past here.

ok, thats my 2c. later

[Takako]

lol I"m a only 12 and I"m good with prices ok I'm not so good but i ask my friends for prices =.=

[HateUchiha]

thats simple. its a free game. We got probably 3,000? players that are between the age of 6 and 16. That have no idea about econnomy or what is right.
They sit there asking Gold for 300silver items.
Morons charging 150c for leather and complain at scroll prices.
Idiots who charger over 90c for dim dust and complin about elrue, lix and xir prices.
and the person who goes, whoops I am broke give me an extra 20s for this item after agreed price.

They are just greedy little kids that have no idea how to respect other people, and will most likely never read this thread either because they cant read well yet, or they are 10 and could care less because they have never had anything past an allowance.

two ways to handle this.
1. if you see someone with a guild tag being a moron about items, being greedy. GW them on the grounds of a deadly sin, Greed. and dont be all you #$%^. Just flat out say, your ripping people off. So gonna guild war you every time I see you rip them off. Teaches them a lesson that way.

2. second one, mind you I rather kill greedy people but hey, is to Address the adult players, not the ones selling it. The kids wont waste money on people selling at there own prices, does not make sence to them. Instead get to the adults who know how to work the game correctly and sell them at the correct price work as a community of intellegent adults to fix it, Just like teaching the bully who is picking on your kid, get the other kids parents envolved so to speak.

You do run into the (cencored) adult who does jack up prices, but those are far and few between and you probably already want to kill him from something else in the game anyway, so no point addressing them past here.

ok, thats my 2c. later

uh.....just so u know im 16 and i make more intelligent suggestions and statements then ppl 10 or 20 years higher then my age. iv seen 10 year olds read documents on stuff that 20 year olds are to lazy to do. so plz refrain from useing age , if u mus use the term noob intead.

[Bubblezio]

The price to sell/buy at is their own choice. o_O It's up to you if you wish to go with that price.

If they are selling it 3+ times the price that 'you' see it as, don't buy. It's as simple as that. If they want to buy it at 150c for torn leather, it's your chance to make money? I honestly don't see who is smart enough to buy torn leather thats worth 150c.

Age has nothing to do with how much people price things.

About Elderine scroll prices going up, I can see it happening. I honestly have not received any Elderine return scroll since level 60. I don't know if anyone else has gotten it. Earlier on, I got a lot, from quests and very few drops, but now none. I get Uruga ones which I don't need though. Or even Roumen ones.

[KireiYosei]

Scrolls seem to be going up. You'd figure they'd be going down, more people joining, more people having the production skills, more people making them, more competition, common sense to lower your prices to sell.

[jlrslo]

Its simple inflation. More money enters the game each day, then it does leave the game. Day after day more and more money enters, therefore prices go up. Happens in every game. To think that scrolls are still 75c each shows me the general age base of fiesta in an obvious manner (not that there is anything wrong with being young.. at all).

[jlrslo]

In the rl yosei that is very true.

[DS_ORCHID]

the economy sets its own prices, if you are willing to buy then the price is fair, examples to follow

i have made over 60,000 scrolls

i have occasionally bought 1 or 2 of the very high priced mats, it was because i over produced, and needed 1 or 2 to use to set up shop buying more for lower prices. it was worth the extra amount of copper for the conveniences of getting the item right away and being able to set up shop right away.

they supplied the product when i needed it at a price i was willing to pay. basic econmics (supply and demand). they can sell at those large prices because the market they are targeting are people like me who have over produced and need it right now, people who sell at lower prices tend to always be out when i need it, this person provides the convenience of always having some available.

In this case the seller is not providing a product to me but rather a service of convenience, and it is a price i am willing to pay. because it saves me time, and cost me very little in comparison to my time.

i sell scrolls for different prices depending on how fast i wish to sell them.
if i am away from keyboard for an hour i will set up shop for quick sale of scrolls, cheep prices, and they will sell fast. but if i am going to work, or school i want to get more money over a longer period of time and sell to the market of those who are willing to pay for convieience of haveing product, i will sell for higher price so i am not out right away and having my store selling nothing for 3-8 hours.

it does no good to have a store up selling for low prices if there are none to buy, in which case the convenience will force people to decide if my price is to high or ok for their need at the time.

if people could not sell something at a high price they would not sell it, and if someone is selling for a high price they are selling to a different market. You may not be the target audience.

in a free market society prices are set by what produces the best results in the time the person is selling.

if i sell something for 10c and 9 others sell for 1c then no one will buy from me;

supply is larger then demand and i offer nothing. (the economy set the price.)

but when those 9 are out,

people will consider me as an option because supply is low and demand is high and i am the only one offering (the economy set the price.)


basic economics = supply and demand theory.
one should understand econ before trying to teach it.
the economy always sets the correct price.

inflation is created by government taxes, without government there is no inflation...because inflation is a tax.

[DS_ORCHID]

it is not simple inflation just because more money enters the game it does not change the rate of prices, because the new people in roumen still do not have alot of money. and the economy of roumen is different then in eld and urg.

inflation is a hidden tax. and there are no taxes in this game so there is no inflation

prices are set by supply and demand.

the economy of roumen will always be lower in prices then those in eld or urg. even after years of this game being played. just different people will use that economy.

[DS_ORCHID]

thats simple. its a free game. We got probably 3,000? players that are between the age of 6 and 16. That have no idea about econnomy or what is right.
They sit there asking Gold for 300silver items.
Morons charging 150c for leather and complain at scroll prices.
Idiots who charger over 90c for dim dust and complin about elrue, lix and xir prices.
and the person who goes, whoops I am broke give me an extra 20s for this item after agreed price.

They are just greedy little kids that have no idea how to respect other people, and will most likely never read this thread either because they cant read well yet, or they are 10 and could care less because they have never had anything past an allowance.

two ways to handle this.
1. if you see someone with a guild tag being a moron about items, being greedy. GW them on the grounds of a deadly sin, Greed. and dont be all you #$%^. Just flat out say, your ripping people off. So gonna guild war you every time I see you rip them off. Teaches them a lesson that way.

2. second one, mind you I rather kill greedy people but hey, is to Address the adult players, not the ones selling it. The kids wont waste money on people selling at there own prices, does not make sence to them. Instead get to the adults who know how to work the game correctly and sell them at the correct price work as a community of intellegent adults to fix it, Just like teaching the bully who is picking on your kid, get the other kids parents envolved so to speak.

You do run into the (cencored) adult who does jack up prices, but those are far and few between and you probably already want to kill him from something else in the game anyway, so no point addressing them past here.

ok, thats my 2c. later
fyi= everyone who is selling at high prices is not trying to be greedy, in fact they are providing a service.

most likely they understand economics better then yourself.

also if you tried to GW me on the grounds of a deadly sin, Greed. you would be wasting time and resources. not economically sound thing to do. I am a lv 50 cleric and do not fight back, i just stand there and let you waste resources. and no one in my guild would attack you...we are a non war guild.

If you were to declare war on my guild 3 times to try and upset me with guild wars i would simply tell my high level friends who like wars, that you like war and you would have lv 60 and 70's raining down on you.

By the way this is not a threat, i am merely pointing out the error your reaction would cause.

as for ripping people off i do not force anyone to by from me at my prices.

as for teaching me a lesson the only lesson i would learn is how uneducated in economics you are, a lesson i have already learned by reading your comments.

economics is not about feelings. everyone wants the best price for the item they have to sell, and the buyer wants to buy for the least they can.

the economy sets the price. no one is forcing anyone to buy in this game, it is a true free market economy without government interaction or taxes. and it works just fine.

please read real economics post i made in same thread.

have a nice day and get rid of the anger. there is no basis for it, except the misunderstanding of how a true free market economy works.

As for being respectful calling people greedy and morons is not very respectable. and shows that you have not thought about all the possibilities for why people would set a price high.

people do not set high prices because they are morons or greedy we do it to provide a service to people while we are away from keyboard for long periods of time.

I set high prices for those in need. I provide the service of having the product when the person needs it. I do not expect or want anyone buying from me while others are providing it for less.

but if you really need something and no one else has it you will get it from me, if i sold for a lot less i would just be another empty store.

[jlrslo]

Inflation is simply an increase in the volume of money, which in turn causes an increase in the product value (same supply). While it may remain true that in the real world inflation is brought upon by taxes, in the game world there are dynamics not found in the real world, that result in the same thing, inflation. In every mmo I've played there is very obvious inflation. The general people will go from having say 500 gold to eventually having 200,000 gold. With that money they are buying the same field of goods that they were previously buying. Say something was previous selling for 50 gold, and later would sell for say 2000 gold. This is very common in games, and obviously has nothing to do with taxes. While what you said may remain true in the real world, in the game world there are other dynamics that you have to account for. Money is made, and the more you play the faster its made. This money isn't taken away from other players like in the real world, but it is simply being produced out of nowhere. Eventually everyone is a high level and they are all pulling in more and more more, this is clearly inflation. Soon I will bet that the prices in fiesta will reflect this.

[capron]

I seen scrolls tier 1 being sold commonly for 200c. I try to lower prices and make people think that they can buy and sell for lower. If I wanted to buy a certain thing then a lower price is nice. For example, people were selling uruga scrolls for 8s..I shouted to sell for 3-5s and they become shut silent.:p

[DS_ORCHID]

Inflation is simply an increase in the volume of money, which in turn causes an increase in the product value (same supply). While it may remain true that in the real world inflation is brought upon by taxes, in the game world there are dynamics not found in the real world, that result in the same thing, inflation. In every mmo I've played there is very obvious inflation. The general people will go from having say 500 gold to eventually having 200,000 gold. With that money they are buying the same field of goods that they were previously buying. Say something was previous selling for 50 gold, and later would sell for say 2000 gold. This is very common in games, and obviously has nothing to do with taxes. While what you said may remain true in the real world, in the game world there are other dynamics that you have to account for. Money is made, and the more you play the faster its made. This money isn't taken away from other players like in the real world, but it is simply being produced out of nowhere. Eventually everyone is a high level and they are all pulling in more and more more, this is clearly inflation. Soon I will bet that the prices in fiesta will reflect this.
an overall game economy may be rising but the economy in each city remains almost constant. sure people will have more gold when at higher levels but that does not mean that prices will rise in Roumen. in fact they most likely will not. because anyone who makes big money would know that they can not charge large prices in Roumen, no one could afford it. the supply of money in Roumen is low and will remain low. prices are higher in eld because people in Eld can afford more, they have more and they value what they have different then those in Roumen. but this is not inflation this is free market value. there is no inflation in Roumen. No one could afford higher prices even if you tried to charge them. If you try to sell for a high price people will laugh and walk away.

Each town has its own economy, and they are determined by supply and demand of both available money and product. not by inflation. it may seem like inflation because the items cost more and you think that means the prices are inflated but it is not inflation just a different economy in different cities.

my prices are determined by how fast i want to sell things not by a set price. there are no regulated set prices. I am free to set prices at whatever i want.

I do not pay taxes or penalties so i have no minimum that would have to be made besides my cost of goods. therefore no one can raise those minimums causing my min to increase, cost of goods may go up or down mine personally have gone down do to my being able to produce some of my own items, so i have no inflation.

I understand you are trying to say that prices increase when people have more money. This is true, but that is supply and demand not inflation. the supply of money has gone up so one can charge more for their product because demand has gone up too, due to the increase in money supply..

[jlrslo]

Would that still not be inflation though. You said the demand goes up also, I believe the supply and demand to remain equal, while the only thing changing is the amount of money people have. Would that not be clear inflation? I do agree it will vary town by town, was just making a generalized statement.

[DS_ORCHID]

Would that still not be inflation though. You said the demand goes up also, I believe the supply and demand to remain equal, while the only thing changing is the amount of money people have. Would that not be clear inflation? I do agree it will vary town by town, was just making a generalized statement.
jlrslo i believe we are just talking semantics we are both saying the same thing. yes the prices have gone up. (inflated) but it was not inflation (increase in cost of living due to increase in taxes or penalties) in a true free market society there really is not a forced inflation, weather in a game or real world, although in realworld inflation is caused by governments charging higher taxes to supply part of the population with products and services at lower cost to themselves, which causes inflation of prices for all the others. in this example the cost of the exact same good has increased. in real world if government provided less free or discounted prices and services and therefore did not charge higher taxes then there would not be the result of inflation on society.

My cost have not increased, in fact mine have gone down therefore there is not inflation. i could sell for less and make the same amount as before

[DS_ORCHID]

in basic smallest terms Inflation is not an increase in prices, but rather an increase in cost of goods which causes an increase in price. in order to be inflation cost of goods has to be inflated.

[Punchbag]

Intense Economic discussion here. No one seems to mention that Cash shop items had upset the economy - out of unbalance - namely blue and red. Before blue and red, enhancement was the major economical drain - break your weapon, buy more and break it again lol.

Not only scrolls, but price of everything had went up, simply due to the drop rate. More drop rate (especially greens) = increase average income of each player = players have more to spend = prices goes up.

Another point is that do the player selling for 250c per torns really getting their torns sold. They were always full when I looked at those shops. Just wondering that if they open those shops to sell torns to general public or have other purpose - in game silver laundering lol.

[DS_ORCHID]

your points bring no changes to the discussion. it is still a free market, each city has its own economy, blue and red do not make enhancement easy, and even if they did it is not a drain on the economy.

you need cheaper scrolls go to Roumen, you want convenience go to Eld, you get what you pay for. prices have not gone up. in fact mine have gone down. the more money i have free to invest the more i can help others by lowering my prices.

the more i can produce with alchemy reducing my cost the less i need to charge for production.

the economy sets the correct price, if an item is priced to high it will never sell. if it is too low it will sell almost immediately.

greens are just another drop no different then any other drop.

in free market without government there is no such thing as a recession. if you are experiencing a recession you are not working at getting drops, mining, or doing quest, or participating in the economy.

as for prices being high or low, people will always try to get the most they can for what they have to sell. and people will always buy for the lowest price they can for an identical item, with the exception of time to get item being considered a cost also.

cash shop items do not upset the economy, they do not change the economy in the game world. if something cost to much then no one will buy it,,,period. cash shop only added to the available items to purchase, it did not change the price or value of the items already in the game. same with drops.

people worry far to much about economies.

[DS_ORCHID]

for more information on economies might i suggest a book or audio of "Basic Economics: A citizen's Guide to the Economy" by Thomas Sowell

or check out website of Walter E Williams at George Mason University economics division. He does syndicated columns and they are all archived as for back as 1995

both these men offer great insight into economics on a lay mens level.

Thomas Sowell also has syndicated columns that are archived online.

[silph]

You know i was in ob. Things where realatively cheap. Prices the last time i played where way high. But you got one thing wrong teach people dont go broke because of prices but the dificulty of gaining money it is slow. Dont get me wrong they do go broke because of spending money on prices but keep in mind if the object is hard to find (and more players equil scarcer mats prices will go up because demand does.) If at lower levels people could get money easier prices would go down if you dont like how others do things then you have to be the one to change them just complaining wont make anything better. Live by example. If you can convince one person to sell at a lower price you have made a difference once it starts making sense that things sell fast at cheap prices people will sell lower. Of course if you yell that you are selling cheap in roumen and sell out fast then brag about how much money you made and how fast newer players will think oooo I wanna make lots of money fast too and start selling smart. Set up a shop near Remi so the newest players can know that. After all people learn best by example.

Sorry for the long winded lecture but I figured it might help. Sorry it was directed at you Teach. (bows apologetically.)

[Velix007]

eh apart from all this i think we can just thank 2 people

Joecracker and Elfenlied...

They've caused lots of inflation >.<

[XpierulesX]

Hmm, If/when I get one of those rare rings, I'll sell it to them for 4gold, that outta slow their money down...

[jaminxcore]

pffft dont think there gonna be very happy when they see that... they defantly have for rare things though.

[Kaiza]

Scrolls seem to be going up. You'd figure they'd be going down, more people joining, more people having the production skills, more people making them, more competition, common sense to lower your prices to sell.

I think price is going up because more prople reach higher lvls and dont care about 50c or 100c difference on price. I meant if people got around 1 gold then it dont hurt if i pay 2s more for a stack ^^ it is 0.2% lol

Also i buy overpriced scrolls if i cant find cheap :P Even T1 for 500c sometimes T_T But Torn leather for 150c is damn rude i think even if price can set by player! I bought them once for 4 copper long long looooooooooooooooooong time ago lol^^

[XpierulesX]

I actually see people buy that..

[Punchbag]

your points bring no changes to the discussion. it is still a free market, each city has its own economy, blue and red do not make enhancement easy, and even if they did it is not a drain on the economy.



Blue and Red makes the gear/weapon doesn't break. Before Blue and Red many players had broken many weapons (broken over 20 myself), all that in game silvers used to buy the weapons were taken out of the circulation - thus the drain. Now the only major drain (get silvers/copper out of circulation) is hp/sp stones, which doesn't do much.



you need cheaper scrolls go to Roumen, you want convenience go to Eld, you get what you pay for. prices have not gone up. in fact mine have gone down. the more money i have free to invest the more i can help others by lowering my prices.



Kind of contradicting with your quote below that said people trying to get the most of what they sell. I believe both statements are true, which means only a few players like you lowering prices, and the majority is getting the most of what they sell = the few efforts doesn't affect the economy much.



the more i can produce with alchemy reducing my cost the less i need to charge for production.



AS3 is sorta harder to get now too, not buying with fame.




the economy sets the correct price, if an item is priced to high it will never sell. if it is too low it will sell almost immediately.

greens are just another drop no different then any other drop.

in free market without government there is no such thing as a recession. if you are experiencing a recession you are not working at getting drops, mining, or doing quest, or participating in the economy.

as for prices being high or low, people will always try to get the most they can for what they have to sell. and people will always buy for the lowest price they can for an identical item, with the exception of time to get item being considered a cost also.


I agree there is no such thing as recession. Time is the reason that allow us to sell mats at prices they are at now.



cash shop items do not upset the economy, they do not change the economy in the game world. if something cost to much then no one will buy it,,,period. cash shop only added to the available items to purchase, it did not change the price or value of the items already in the game. same with drops.

people worry far to much about economies.

Would the word 'change' better than 'upset'? Some cash shop items did change the economy. When blue and red 1st came out, t2 stones price went up. Gathering pack (or whatever is called) that increase mining and drop rate. Cash Shop items does have its contribution. (Since people pay for those with dollars I think they should get the benefits of course). Increased drops and greens drop gives each player more silvers.

My whole point was that more drops = more silvers each players are getting = they willing/can pay more per items and spend their time on other things = increase some items prices that are in high demand.

I am not saying this is a bad thing though; I rather having on green gears now than those NPC ones. Current drop rate is doing good for me, I won't complain the prices of some items.

[jlrslo]

Ya agree, before the enchantment store items id BREAK EVERYTHING, then id just buy back from the smith and try again. Was the only real economic balance in the game for many players such as myself. Without it money just piles and piles. Fiesta really needs another source to keep this balance in check, although Ive heard the higher leveled skills are expensive (as they should be). All n all can't say the stones were the brightest idea fiesta has had. Not only do people not take money out of the game, but a lot of the fun/uniqueness of crafting weapons is gone. For those out there that are proud of their cheater plus 9s, well im happy for you, but I simply cannot find any satisfaction in using my CC to make my weapon shiny. No I don't think all store items are bad, but I think this one definitely didn't need to come out... at least the "perfect stones".. I mean.. come arn.

[dragonslayer26]

You know I opened a store last night for sbl lq and sold 750 of them for 98c in like 2 hours. I agree its kinda crazy, but if you have a store emptied out in 2 hours and have to keep restocking it , wow why not!!! I personally will sell for whatever people are willing to pay for it.

[SalaDarth]

*sigh*
Nothing really to do with inflation, not really economics.
Its pure greed.

They know they can sell it for 200c cheaper.. they simply want more money.
Its like teaching a kid not to touch fire. You let them get burned.

(before I get 50 idiotic people quoting me, please dont say "it is economics", it is, just not logical eco)

If a person has to hold onto an item for a month to sell it, that person is not making anymoney.
If you see them contiunaly trying to "rip people off" Let them get burned, lol back to my orignal idea, Dont buy from them, buy from people you know are good buisness people.
Or kill them if you can and let them know why. Lol will make them think again before putting up stop if its causing them continual problems.

As for the other 2 thousand people who are verying prices by 10-20c on mats, or selling green gear around where it should be priced, maybe 20s higher. Go back to the rant of more money comming in and less being lost.
If you really wanna fix that, just hord togeather a few hundred gold and buy store armor and sell it back over and over again.... First one to do that gets my props... other than that, pointless arguement till something comes out that people will spend alot of "game money" Into to drop outgoing cash.

**Quick Edit..
Go to Walmart and pay 5 grand for a pentium 1 comp and then justify it by free market and inflation. Do that, and you have full right to complain.

[Kieng]

Sala How are they "causing continual problems" if people wittingly purchase?:p

[SalaDarth]

new people to the game, thinking thats the norm.
they are "encouraging bad behavior"

its like how little black boys can now be expected to have asperations to become rich popstar white women.
(for those who did not catch that, Michael Jackson)
Its just not good.

[Deedolith]

I didn't read everything, but my tought about video games economy have nothing to compare to real life economy. In RL, many laws and rules keep the economy viable (like being unable to sell something at loss) wich don't apply in video games.

Supply is unlimited and always available (for more or less efforts).
People buy what they think they need, at prices they think it is fair for them, but buyers don't fix prices.
People sell whetever they don't need, either at prices they think they'll have the best profit, or at prices to sell as fast as possible and still have a slight better profit than selling to NPCs.

With the case of green items, they're all rare, but prices are driven toward stats (what fighter would want that sword with +25 int ?), in most case prices are reasonable here.

With the case of production skills, this is where the supply vs demand law fail IMO. As I said earlyer, supply is unlimited and always available, so in theory, our final product should always sell higher than the total cost of our raw materials. Alas, things arn't like this.
Final products prices are driven by fast sellers (sell low). When a buyer saw something selling cheap in good quantities, he'll become much less inclined to buy the same items at what we consider a reasonnable price. Wich create a sheep effect, when other sellers see the low price and want to sell their stock, they start undercuting each other, wich eventually lead to dirt cheap prices, where you make better profits selling raw materials to NPCs than producing goods.
Raw material prices are driven by "skillup buyers", rich people who don't care about the final product, all they want is to pump their skill high enough to make the next item tier. They're rich, don't care about prices, want mass quantities fast, and buy for high prices. Wich also create a sheep effect. Skillup buyers tend to overcut each other, and are promptly followed by everyone. Wich lead to overpriced raw materials. Notice that raw materials prices have enormous difficulties to go down after this kind of inflation.

Conclusion to these two effects, the economy fail, for most people, producing good become a self only convenience and no longer a profitable activity.

[Kieng]

Supply is not unlimited. Yes, unlike Fiesta, capital is limited in real life. However, supply is still limited because it still takes time and effort to get raw materials.

The Michael-Jackson analogy fails because I know no black boys who aspire to become white women, although I don't have a problem with transgenders...:p