Archive for January, 2012
Check out these economy products:
System Pro Trading Stock Market E-course :: Huge Commissions!
Incredible Converting Sales Page! This Amazing Stock Market Course Is One Of The Newest And Most Effective E-courses Out There For Beginners And Experienced Investors. Huge Earnings Potential For Affiliates!
System Pro Trading Stock Market E-course :: Huge Commissions!
Local Sales Strategy
Ever Wanted To Make A Ton Of Money By Showing Local Businesses How They Can Thrive With The Right Online Marketing? The Local Sales Strategy Is An All-in-one Business-in-a-box Solution. You Can Literally Get Started Today In This Lucrative Field.
Local Sales Strategy
Virtual Economies
The way that we comprehend money, in terms of its value to us, is mainly based on trust and shared belief in common value. This isn’t really news to anyone, and it does not stop being true if you stop thinking of currency and start thinking of precious metals such as gold instead; while a handful of hard commodities retain value as material used in manufacturing, much of the reason we value gold so highly is because we perceive it as valuable. With that out of the way we can really start to think of why we value money and how we go about doing it, and with that in mind let’s analyze the complex phenomenon of the digital age: the virtual economy.
The 1st place to look for an example of a virtual economy is the world of online gaming. Massively Multiplayer Online Roleplaying Games (MMORPGs or MMOs for short) feature in-game economies of varying robustness as part of the structure of the game. Depending on the game, this may range from common trading of goods between players to auction houses using in-game currency to manipulation of in-game investments, commonly including unaffiliated however inextricably linked side economies involving exchanges of real currency for in-game items through eBay or other sites specifically created for this purpose.
One game in particular, EVE Online, focuses heavily on economics and trade in its gameplay, with players often taking on the roles of outer-space traders and merchants. What makes EVE particularly interesting is its approach to the interaction of real money to in-game commodities: because of rampant abuse by unscrupulous individuals, the game’s 30-day subscriptions have been commoditized as in-game PLEX items which can be actual items that can be picked up and carried around. CCP, the game’s publisher, doesn’t place any additional restrictions or penalties on player behavior, so it is not only possible for someone to steal these kinds of PLEXes and resell them, it is a definite concern given the community of in-game pirates and raiders.
Between the open market economy and the sideline economy of selling PLEXes and in-game currency for real money, it is entirely possible to trade and raid in-game with the end result of turning a real world profit. Recently, one player manipulated other players in an investment scheme that allowed him to gain majority control of an in-game corporation and liquidate its assets. “Negative Bobby” walked away from his months-long scheme with some 850 billion worth of the game’s currency, that can then be used to buy over 2500 PLEX. Given that each PLEX is worth $ 14.95, “Harmful Bobby” was able to turn his months of gameplay and fictional currency into around $ 45,000 worth of cold hard cash. “Bobby” is just one example, indicative of the thousands of players who keep this virtual economy running.
Virtual economies don’t just appear online, though. In 1992, the Brazilian government launched a plan to save the country’s economy, which was in a terrible state since the Brazilian people didn’t trust the government to control inflation because of decades of failed attempts. This plan, at its core, involved using a new currency called the “real” (which means both royal and exact in Portuguese) which remained stable, while the old cruzeiro’s value fluctuated. Before the real, if you went to the store to buy an apple, the nation’s 80% inflation rate meant that you might see an apple for 1 cruizeiro one day and eight cruzeiros the next month. After the real was implemented, that same apple would cost 1 real every single day, but the number of cruzeiros that made up a real would be different from day to day.
Basically, the Brazilian government tried to trick its people into choosing to use a currency that was not tied to any other currency and did not have any physical representation as a way to convince the people that inflation was not an issue. And it worked. As of August 2010, the Brazilian inflation rate is 4.44%, and though a sizable number of people live below the poverty line there, the fact that Brazil still exists as a country and that an orange does not cost eight million reais shows that the plan was a success.
Let’s stop and consider that for a minute, because the comparison is extremely interesting. What this says, deep down, is that for a time the Brazilian economy was even less real than the economic system of a video game is nowadays. What’s more, each of them are entirely viable in their own way: the Brazilian government really succeeded in its goal, and the EVE economy acts like a real one in every way, with currency and commodities and relationships with other currencies. This means, at its core, that it’s entirely possible to create an economy wholesale online which can theoretically be linked to national economies in a way that actually affects the national economies in a meaningful fashion. The trick to it, as with any economy, is convincing people that it works.
I am a computer repair technician at Geek Choice. I love repairing a slow computer. I have many certifications, and have strived to keep educating myself throughout the years.
Related Economy Articles
Start Trading Like A Pro – Stocks And Options
Learn To Start Trading Like A Pro, From A Mentor With 20 Years Of Real Life Investing And Trading Background, In Stocks And Options Trading. Follow Along With Over 40 Videos As He Shows You How To Do It, 24 Hours Of Downloadable Video Teaching Expertise!!
Start Trading Like A Pro – Stocks And Options
The Ultimate Teaching Position
135,000 Out Of Work Teachers Need This Product! Desperate, Hungry Niche! Brand-new Sales Page Converts Ice-cold Traffic At 4-5%! Target: Teachers, Substitute Teachers, College Students (education Major), English As A Second Language Teachers!
The Ultimate Teaching Position
Trading Pro Edge System
Treat Trading As A Real Business. In Fact, Don’t Even Consider Yourself To Be An ‘investor’ Or ‘speculator’ Or ‘trader’ In The Traditional Sense. It Will Surprise You How Profitable And Easy It Is To Run.
Trading Pro Edge System
The Collapse of the German War Economy, 1944-1945: Alli
| US $38.70 End Date: Wednesday Feb-22-2012 22:13:48 PST Buy It Now for only: US $38.70 Buy it now | Add to watch list |
| US $56.05 (23 Bids) End Date: Wednesday Feb-22-2012 22:14:23 PST Bid now | Add to watch list |
Most popular economy eBay auctions:
The Collapse of the German War Economy, 1944-1945: Alli
| US $38.70 End Date: Wednesday Feb-22-2012 22:13:48 PST Buy It Now for only: US $38.70 Buy it now | Add to watch list |
Broan 413004 Economy 30-Inch Two-Speed Non-Ducted Range Hood, Stainless Steel
| US $56.05 (23 Bids) End Date: Wednesday Feb-22-2012 22:14:23 PST Bid now | Add to watch list |
elete Economy Refill Bottle: 8.3oz
| US $20.91 End Date: Wednesday Feb-22-2012 22:15:10 PST Buy It Now for only: US $20.91 Buy it now | Add to watch list |
The work of Quentin Tarantino has always left an impression on me. Although many think that he delves too deeply into paying homage to his influences, I feel that his films are kinetic, deep and always offer a great time at the cinema. Whether it be his unique style of dialogue or impeccable moments of tension, it’s undeniable that Quentin Tarantino is one of the most talented directors working today. With this action packed and bloody installment of ‘The Works’, my goal was to display exactly what I feel makes Tarantino such a great director. Featured on this fantastic Tarantino Site! www.ReservoirWatchDogs.com As for which director is next, I haven’t decided. I’m debating between two options, but either way or you’ll end up seeing both of them at some point. Clips from ‘Reservoir Dogs’, ‘Pulp Fiction’, ‘Jackie Brown’, ‘Kill Bill Volume 1′ and ‘Kill Bill: Volume 2′ remain courtesy of Miramax, © TM & Copyright 1992, 1994, 1997, 2003, 2004 Clips from ‘Death Proof’ remain courtesy of Dimension Films, © TM & Copyright 2007 Clips from ‘Inglourious Basterds’ remain courtesy of Universal Pictures, © TM & Copyright 2009 Music ‘When The Levee Breaks’ by Led Zeppelin remains courtesy of Atlantic Records, © TM & Copyright 1971 ‘Nightcall’ by Kavinsky & Lovefoxxx remains courtesy of Record Makers, © TM & Copyright 2010 ‘Cells – Instrumental’ by The Servant remains courtesy of Prolifica Records, © TM & Copyright 2004
www.ted.com Jason Fried has a radical theory of working that the office isn’t a good place to do it. At TEDxMidwest he lays out the main problems (call them the M&Ms) and offers three suggestions to make work work.TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world’s leading thinkers and doers give the talk of their lives in 18 minutes. Featured speakers have included Al Gore on climate change, Philippe Starck on design, Jill Bolte Taylor on observing her own stroke, Nicholas Negroponte on One Laptop per Child, Jane Goodall on chimpanzees, Bill Gates on malaria and mosquitoes, Pattie Maes on the “Sixth Sense” wearable tech, and “Lost” producer JJ Abrams on the allure of mystery. TED stands for Technology, Entertainment, Design, and TEDTalks cover these topics as well as science, business, development and the arts. Closed captions and translated subtitles in a variety of languages are now available on TED.com, at www.ted.com Watch a highlight reel of the Top 10 TEDTalks at www.ted.com
From the TMBG forthcoming kids album, “Here Come the 123′s”
Music video by J. Cole performing Work Out. (C) 2011 Roc Nation LLC
Video Rating: 4 / 5
I got the music from here: www.youtube.com If you liked the old song better, you can get it yourself from audioswap – search for “With A Spirit” by 009 Sound System Nearly all real videos you´ll find on YouTube with the stress at work or office stress tag. This funny vid shows you how stressed people can get angry in the office. All these vids (except first three) in this compilation are REAL and they were caught on a hidden cam or webcam. There are 9 vids in this compilation. Song names: 1. The Rasmus – In The Shadows 2. Liquido – Narcotic Honours for This Video: (14.11.07) #84 – Most Viewed (This Month) – Comedy #14 – Most Linked (This Month) – Comedy 1.000.000 views on the 26th August 2008 1.100.000 views on the 29th September 2008
Video Rating: 4 / 5
Most popular work eBay auctions:
Flat Coated Retriver Dog Wall Car Vinyl Decal Sticker
| US $1.99 End Date: Wednesday Feb-22-2012 22:10:24 PST Buy It Now for only: US $1.99 Buy it now | Add to watch list |
Flat Coated Retriver Dog Wall Car Vinyl Decal Sticker
| US $1.99 End Date: Wednesday Feb-22-2012 22:10:24 PST Buy It Now for only: US $1.99 Buy it now | Add to watch list |
How To Super Coupon – Super Couponing Secrets Revealed!
How To Super Coupon Is A Popular Niche! This Is A Super Couponing Course Created By A Real Life Expert. You Make 75% Commission. This Converts Well In All Niches Because People Love Saving Money. Affiliates – Go To www.howtosupercoupon.com/affiliates.htm
How To Super Coupon – Super Couponing Secrets Revealed!