Delete 50% of everyone's gold each year

I think the idea is straight forward for those who understand... Delete 50% of everyone's gold each year.
This helps combat inflation and helps promote a healthy economy.

Your thoughts on this idea?, please note if you disagree give more than a sentence why.

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edit: I hit submit on this before fully thinking it through.

I think people would just store gold in fortress deeds or something to avoid it.

This is true, they'd be forced to store gold in commodities to avoid the gold cut.
But... you're right too.. shit I didn't think about house deeds.

Yeah, people will find a way lol. It is the "UOR offshore account"

Blah blah... Thanos meme ... yadda yadda yadda...

No, you're not allowed.

nub

dork

Bring it!! My gold is stored in amibs!

Fund raisers.. players donate gold to an instant trash barrel and for every billion we do, Chris throws a

BYOB

Wear your best Trammel

Legit gold and seperate plat sinks should have been done. Ahh hell wtf am I talking about marble island can’t be raffled off the same year is was donated which magically keeps the price of larger houses going up.

If Chris deleted 50 percent of my gold, I would play 10 percent of my current time investment in this shard. Maybe less.

We aren't all rich vets.

How does deleting 50% of anything combat inflation or promote a healthy economy?

Who would ever come here knowing that 50% of their earnings would be arbitrarily deleted. Forget hoarding it and hiding it schemes. New folks would dry up fast. If you introduce a cycle of deletions, you only make inflation and economy worse. The cycle of deletion would be preceded by a cycle of spending and hiding of assets, post deletion, folks would start hoarding in preparation of the next deletion. You would stagnate the economy.

I am sorry your idea cannot be taken at face value as it does not provide the benefit you claim it does....

What do you really want and why?

New gold and plat sinks are required.

*beats dead horse and walks away*

I agree with @LanDarr arbitrarily deletion is not the answer. Simply need more gold sinks, there are already 3-5 threads with loads of suggestions for this.

I guess some people are under the impression we have a broken economy in UOR.

Maybe I’m the outlier, but I don’t see the economy broken AT ALL!

Would a land tax make more sense? If you own a house with a courtyard, yearly upkeep of cost of deed or some such. Its a small gold sink but would probably pull 100 million + from the economy every year, only effecting the richest.

I do not believe taxes will work... this is not IRL, its a game. Folks don't come here to emulate IRL, but to escape it. In my view a Tax would be seen as a punishment, a good gold sink is one that players WANT to use.


Define the problem, then look for solutions. In defining the problem, you may discover you have been experiencing symptoms of the real problem.

If you only define solutions, without first defining the problem, then you end up defending both your solution and the problem... Think globally, act locally.

Hmmmm.... does this game truly have ANY gold sinks right now? only thing i can really think of is if a house drops, the deed is lost and no value is created. thats such a tiny portion of the economy though where that just barely technically counts.