Wednesday, November 15, 2006

Lindenflation

This is a nice review of Linden supply issues in Second Life. The bet is whether this will be a Weimar Republic inflation or a Nineties style Japanese deflation; if the former, buy land, if the latter, hoard currency. Since this is a closed economy, ruled by an absolute power (Philip Rosedale as dictator with Mitch Kapor as Grand Vizier) we vote for deflation. But obviously not with real cash.



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