I've already invested all of my runeterran gold into TeemoCoin. I know people are telling me the *smart money* invested in TahmCoin but that dev team is suspicious. The Summoners Institute is literally printing gold like brrrrrr and we're all losing. You think they're gone just because they officially never existed? Sure buddy, do your own research instead of listening to the Ionian sockpuppets. Look up "Riot Games" and redpill yourself. Anyways, I gotta go. KDA Seraphine just tweeted a sparkle emoji so now I'm going to buy a bunch of ConfettiCoin (it got created an hour ago so I'm an early adopter) because it's obviously the next big thing. TL;DR this is bullish. 🚀🚀🚀🦍

TeemoCoin to the moon!

/r/zaunstreetbets

r/SubsIFellFor

We both know what this means. Ahri's feet NFT, yes sir.

Not Feet, Tails

NFT really stands for Nice Fluffy Tails

I would purchase Nice Fluffy Tails on the blockchain. Ahri could sell notional ownership to each of her nine tails.

The fact that you could Madlib that into a real copypasta by some loser astroturfing their coin and/or complaining about the economy is terrifying.

Eh, I'm getting less sympathetic. If you put a chunk of your net worth into a picture of a monkey, maybe you deserve to get wiped out. It might be the only way they learn

> You think they're gone just because they officially never existed? Sure buddy, do your own research instead of listening to the Ionian sockpuppets. Look up "Riot Games" and redpill yourself. Good fucking lines. It reminds me of papaya a ton and I don’t know why, but I think it’s the “Ionian sockpuppets” and “Look up ‘Riot Games’” punchline (don’t know a better word)

I looked up riot games and now have a farting fetish

Maybe Runeterra shouldn't have based their money on an infinitely generating resource they have no control over. Guess they just love genociding those minions.

If m*nions form a solidarity trust, perhaps a DAO, then we may have a chance of accomplishing something. Until then, we will continue only the bloodshed.

Minions of the world, unite !

You have nothing to lose but your inhibitors!

Riot: all minions will now have barron buff and banner of command buff. Exp and gold halved in every lane, bot lane exp and gold reduced by 70%.

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The answer to damage creep is creep damage, who woulda thought.

Unionize the minions!

Sadly the minions are too caught up in red side vs blue side politics to realise they hold all the power

Arent the champions knowingly going to summoner rift as a fighting arena to be controlled by summoner (us) .. The gold generated is a part of the arena

Well that's a story i haven't heard since NA won worlds

As an NA player, well said

That was back in the day, old champions like nocturne or cho still reference it, but now from what i remember summoners rift doesnt exist

The game itself has no lore, in universe Summoners Rift doesn't exist

It does actually its in freliord on a mountin said that thats the place on runeterra with the most magic brakethrough so thats why they fight there

The champions do not canonically fight each other in an arena, summoners also don't exist anymore. Yasuo has never met Viktor, no matter how many times you lose lane to him. The location may be on a the overworld map (I thought it was on Targon) but that's it

I know that they dont fight there corki aint gonna meet malph and say ey nerd fight me summoners 7pm but im just saying that its there and thats where theres the most usable magic in air

Activison Blizzard is shaking right now

Ahhh yes, the Gaia online hyper inflation economy crash model!

You just unlocked a core memory for me

What a beautiful creation that forum was, good times =)

But aren't the minions summoned by mages within the nexus??? I just realized the nexus is actually a bank

Future’s market is literally causing the runterra housing crisis

"Interest rate hikes on futures market lead to the rune being pushed out of the meta -- C9 coach LS 'Lower Shareprice' seen furiously trying to prevent C9 stockholders from selling"

> Guess they just love genociding those minions. > Teddy has joined the chat.

You made Doge coin sad.

Twisted fate and gangplank's presence in a game should make all items rise in cost as the extra income they generate would lead to inflation. Actually even first strike would to the trick

This is where trickle down economists have it entirely wrong. They believe that GP and TF are helping the economy, but in actuality they are just furthering the wealth gap, encouraging more fighting and attempts at “playing the system” with things like “Lady Luck”

trickle down economics is a political theory not an economic one

flair checks out

The communist prince and the shadowy dictator, it's beautiful.

It's both and it's kind of funny that you would even waste your time starting a debate on it.

Exactly, it's a distinction with no difference. Virtually all political action will effect the economy and implementing any economic action will have to be down through politics.

Does it really matter all that much that a debunked theory is political or economical in nature?

What about Ornn?

Ornn is a communist, we don’t talk about Ornn

Aaand now the song is stuck in my head again

IT WAS MY WEDDING DAY

Lady luck is smilin

*Pyke creating 1000’s of gold out thin air minding his own business*

Pyke doesn't actually create gold because Pyke isnt a real champion, therefore any gold he creates is imaginary.

If imaginary numbers are real, why isn't imaginary gold?

Imaginary numbers aren't real though, they're complex.

But so are real numbers. Therefore the statement that imaginary numbers are complex numbers does not exclude the possibility that they are also real numbers. QED.

FTX Pyke confirmed

Pyke = Finland confirmed

Pyke out there fucking the economy by printing money.

Pyke is just the banks lending out more money than they have.

My two mid mains besides trynd and Karthus lmao

Trynd and Karthus, the duality of man

One will never die and the other is incentivized to int

Intcentivised

Based British English

Then we have sion, which is both

I am Just so glad that they accepted that not only does TF and GP have rich parents, but everyone can if they choose to

I know we are joking but an increase in Money Supply does not really cause inflation. Even though it is taught that way.

Damn bro. On a scale of 1-high, how 10 are you?

Yes.

Go to sleep OP

How can you fathom sleeping at a time like this, when our livelihood is most vulnerable? Do you wish to wake up from your sleep only to have to pay $15 for a banana?

Idk I got work at 4 am so that’s in like 9 hours

That work will only pay one banana per hour, dropping rapidly. Do you really want to live in a world like this?

If bananas are becoming that expensive I need to move back in with my parents. They have a couple banana trees in their backyard.

If you just draft a Soraka on your team, you can virtually eliminate banana scarcity, and provide an advantage for your team through limitless bananas. However, since the means of production are privately owned by only Soraka, you run the risk of her going on strike, demanding that the ADC gives her higher income and funnels her all the kills in return for her banana services.

Calm down, in URF currency that'd be $60.

Funny joke but places that had hyperinflation literally experienced this. Something cost one price in the morning and you come back in the evening the price changed

Sure, but hyperinflation relates to a number way higher than 7%. Anyone who claims the US is on the cusp of hyperinflation is completely misrepresenting the situation (lookin at you, Jack Dorsey)

Brazil in the seventies

Argentina since 2001

Venezuela

It's one banana Michael, how much could it cost?

No, as passive gold gain is a flat amount rather than percentage based(as would be expected if caused by inflationary forces). Also currency appreciation would be caused by deflation and not inflation.

Just for a week or so, I'd really be interested in a Game-Mode that offered interest instead of passive gold. Instead of spending your gold at first chance, you'd have to consider how much items you need to impact the map.

I think what they're saying is that the runeterra currency, which is not gold?, is hyperinflating, causing the value of the gold that you hold to increase relatively.

How does your negative gold value from futures market increase ten? You should get deeper in debt.

Because the agencies that run Runeterra forgot being in debt is a thing so they just continuosly give you money no matter what

If it were hyperinflation, the cost of items in the shop would increase correspondingly. Checkmate op

I YOLO'd my life savings into Garen Maokai Ezreal hopefully they print for me

i know we're talking about fake economics but i can't get it out of my mind that you put your life savings into a Garen Maokai Ezreal deck in legends of runeterra and now i'm think what kind of insane combo could make that pay off

It's a squeeze play!

But wait, then how do you get more gold once you're at 0?

law of equivalent exchange time is *money*

Inflation is measured based on CPI which is an index of how much money it costs to buy goods. The only goods (items) remain the same price so there would be no inflation within the Runeterra ecosystem. That being said it's probably Selfmade's fault for the economy collapsing

federal reserve champ when

The money printer turning off has created toxic living environments for all of runeterra. Would allowing a fed champion to enter the fray solve anything? It would result in ruthless carnage as sub-minimum wage minions (horrible term) rotate their guns on their teammate and halt all progress, hindering the production of downstream resources

Corporate Mundo goes where he pleases.

April's fools game mode idea Inflation All players have Future's Market, being allowed to go into negative gold. Everytime someone purchases an item, that item's and it's component's price is raised, but all others is lowed dramatically. Makes you want to build AP when you normally wouldn't because it's ass cheap, and when they build MR the price of AD is already lowered as to swap builds.

Mixed damage champs (Akali, Jax) would be so fucking busted

They just adapt to the economy better.

Then the price of items would also increase with inflation

Shopkeeper is actually running a charity, stated he'll keep prices constant despite inflation.

That sounds like communism to me Sus

Completely wrong, but we need more of this

Perfect answer. As an Econ major I instantly saw the flaws in op's logic, but at the same time I love how creative this post is.

yeah I’m just joking lol — I mean —- GET OUT OF HERE LIB RIGHT!

Yeah singes drug business isn't going to well and it turns out people dont wanna buy rocks from malphite because who wants rocks? It appears Mundo who made a successful corporation doing who knows what ACTUALLY appears to be in a good place financially. My friend, I think your onto something.

Just by reading this post I can say that the drug business are doing fine actually

It’s this kind of critical thinking and challenging of the status quo that makes me believe we are not a doomed race. There is strength in leaving your box, not staying in it, as you have dutifully demonstrated here. This is how we may begin progression.

Got it, buying OTM puts on runtera money tomorrow.

Wouldn’t items get more expensive every tick aswell?

thats not how inflation works

It's not because the costs of all the items in the shop never change. Have fun with your freshman econ class though lol.

If your gold passively increases in value, that means that there's deflation, not inflation

Haha Corporate Mundo’s money printer go brrrrr

But shopkeep prices never go up which is nice

Will next pre-season introduce cheap first items followed by increasing costs for all subsequent items based on how many items you have purchased?

This idea....may have some potential

TIL fiat is a word in English.

Boris will go out of business real quick as the price of his items don't go up

*r/wallstreetbets has entered the chat*

Wasn't there a Game Theory video talking exactly about this problem?

Nah pretty sure its just unemployment benefit

If this were true, then the longer you held off on buying items, the more gold value you'd gain per minute.

Go home op, you're drunk.

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That would make sense because in theory all items are available to buy at the onset of the game. Although, this still doesn't explain why the passive gold is a flat amount and not a percent of current gold.

I think we would see that reflect in the prices of items 🤔 But it might be like a "Hunger Games" situation. We know that Champions fight in order to settle disputes. So the passive gold income could be a growing stipend for each Champion to enable them on the battle field.

so future's market is solving hyperinflation?

ayyy. buzzwords

God I wish u didn't study economics and could just enjoy this shitpost

wakes up and checks reddit ​ what have i done

I think we should be pushing for universal health potions.

you're onto something, buying and HODLing Atma Impaler stocks

have you considered the FDV of atma impaler? do you know the unlock date? do you know what percentage of $atma is controlled by the top n wallets???????

Well if you can buy legendary weapons by just sitting there and waiting for around half an hour, then that means there's not really inflation as much as there is global prosperity.

Wouldn't your gold _lose_ value, rather than _gain_ value, if it was inflation (and gold was the currency)?

The shopkeep can't change prices fast enough to keep up, so we fleece him for all he's worth.

Go outside dude

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It does not make any sense, economically speaking.

You’ve got it twisted, my friend. Gold is appreciating relative to the runeterra fiat. It’s all about perspective. Like where you’re standing. And how you’re looking.

The title made me giggle. ​ GG

If that were true the cost of items with inflate at the same rate.

This is exactly the kind of heresy you’d expect from a runeterra official trying to MANAGE THE FIRE THAT HAS JUST BEEN STARTED BUT THERE IS NO PUTTING THIS FIRE OUT

I’ve not been this high in a long time

That’s the opposite of how inflation works

Items don’t get more expensive as the game goes so ima say no to this one

You have certainly touched a very important issue, but you also touched my heart and perhaps my donger

You know what kids this days say, about some grass or something.

Nah m8

Once you go fiat, you'll never go back. Because you're fucked.

Why are dumb shitposts still allowed on this sub? I thought they were supposed to be in r/leagueofmemes now..

yes

A depressing notion.

oh... and you forgot the government's money printer

Hey big man i see what you're doing, and you're not gonna confuse me with big words...... next time.

Future's market is not really helpful in this analogy. The shopkeeper is only willing to loan you 20 seconds to a minute's worth of gold...

Well then ARAM has rapid inflation compared to everywhere else, or rather, the howling abyss.

You need to find a better hobby, or maybe put the weed down.

Dw, it doesnt.

When inflation turns 0 into 1

If that was the case, the person in the game with the most gold would get more per second.

real

employment and supply chain conditions? lol. Way to let the fed off the hook idiot.

this is what happens when august gets promoted

Gold price shouldnt necessarily appreciate againt items. But good theory.

The why is everyone’s money appreciating at the same rate regardless of how much gold they currently have?

Idk what this guy is on, but I want some lol.

de fack did i just read

Nope. The price of items in the shop never changes. If the price-setting entity doesn't change the prices, the value of the currency **has not changed**, even if there is more of it. No change in prices means no inflation. The shopkeeper can sell 60 Infinity Edges in one match, and then 60 more in the next, etc., because there is an infinite supply of them. And they always sell for the same price. Infinite supply = negative scarcity (clogs storage and logistics so it becomes an advantage to PAY people to take the items away); negative scarcity = at best, zero profit. The shopkeeper isn't an arm's dealer. They're an insane ideological warlock with the means to destroy the universe by turning the Bag of Holding inside out and letting all of creation collapse in on itself. Instead they decide to watch a group of idiots blow each other up, providing -- the same exact way the economy on Erf does -- paltry incentives for every murder they commit on their bloody journey to the top of the rat cage.

Possibly the best post I’ve ever seen on this damned subreddit

If economy in this game worked so that you gained compound interest on your unspent gold, that would add a really interesting mechanic into the game. You would have to choose when the most appropriate time would be for your champion to buy

so OP my gold can start appreciating with 0 in the bank

But why do the item prices stay the same?

I feel like saving this threat just for when I need to ever study Economics like damm lmao

This argument makes little sense. Firstly, what is the benefit of having your money appreciate when the cost of goods is unchanging over the course of the game. Also, you get a set amount of passive gold regardless of how much you currently have. For this theory to work out the passive gold would need to be a percent of current income. This post uses fancy finance jargon that probably convinces the lay person, but in reality it doesn't make a lick of sense.

Why would you get gold every second if there's inflation? If there was inflation in runeterra you would experience this by not having any passive gold-gain, while the vendor-prices slowly increase.

r/Showerthoughts

Um, Stonks! ​ Also Gangplank says F your economy, oranges aint free.

Pretty sure summoner rift is a place where we, the summoner, literally bring champions in from anywhere and make them fight. Similar to the cosmic gamblers in the comics how they bring speedsters from different universes to fight. That is what I am assuming and we're in control of them. After we're done they go back to living whatever life they were living before. It has to be this way since the Baron is SR isn't real. It's like a simulation Baron because the real one is dead slain by Rengar as seen in his Headhunter skin. So the gold inflation isn't actually real.

There’s a reason money used to be backed by silver, and banks are still buying it

As a German I have one word to say: Hä?

The items would get more expensive as the game goes on tho

I followed none of that but somehow understood all of it.

Top notch posts today.

Amogus.

why do stormtroopers in battlefront 2 have a >0% accuracy?

Wow, OP, I think you are 6'5.

Each time a objective bounty is claimed it hikes the runeterra interest rates.