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I'm a skiller primarily and sell my goods to boss killers mostly.
Unfortunately due to taxation, I'll have to pass on the extra expense to my customers.
This is standard economics, did Jag expect anything else to be accomplished here?
Still a fun game though, kthxbai.
That's not how inflation works.
When people have large amounts of fluid cash they're more likely to pay more for any item they want.
A seller can set their sales 2% higher but that doesn't mean people will feel like it's worth paying and since there will be less coins in circulation it will be more likely people won't pay.
How do you know there will be less coins in circulation?
From Jagex's calculations, there was 88,124,773,377 more GP at the end of each day, on average, than at the start, pre-update. The 2% tax is predicted to remove 86.14B, which is less than the old delta, but more importantly much less than the new delta when taking into account cheaper deaths.
This means there is more GP coming into the game than is being removed.
It doesn't show, however, how much of this is in circulation.
And remember, players can only purchase items when they offer what other players are willing to accept. If players are only willing to accept slightly higher fees, then the buyer is the one who has to find the extra GP to buy it.
And yes, this works both ways.
Hence we'll likely see the tax split 1% to the buyer, 1% to the seller, on average.
There's no need to panic about this.
~A~
09-Jan-2023 22:56:57
