How strong do you think the ESO Economy is really?

DanielMaxwell · February 2016

reften wrote: »

35% voting the positive option is probably an ultra high number. If you did this poll with every other MMO in history, two years after that MMO was out, I bet less than 10% would say the economy was good.

you are probably right in that statement .

sadly none of us have enough data to actually have a good view of the in-game economy , the only ones who do are ZOS and I doubt the have an economist on staff to interpret that data for them .

Cherryblossom · February 2016

reften wrote: »

35% voting the positive option is probably an ultra high number. If you did this poll with every other MMO in history, two years after that MMO was out, I bet less than 10% would say the economy was good.

69 people probably says more about the state of the games population!

Flameheart · February 2016

Faulgor wrote: »

anitajoneb17_ESO wrote: »

What do you mean by "strong" ?
An economy is what it is, it can only be stronger or weaker than... another economy... but in ESO there's nothing else than the ESO economy...

Tamriel's economy has seen better days, but it's nothing like the great recession in 2E431. However, it could be argued that its relative strength is due to the shortcomings of its contenders.
Lately the Akaviri Central Bank has been trying to devalue its currency compared to the Tamriel Drake, but their growth has been stagnant over the last two quarters and the little they could muster is mostly based on dodgy futures trading. Meanwhile, the Atmoran housing market still hasn't recovered, and the bail-outs provided to the chief banks by the Giant Kings leave their whole economy on the brink of runaway inflation - to the point where several investment banks on the Sea of Ghosts have had their assets frozen. Pyandonea to the south suffers similarly from low interest rates, which halts investments especially in the infrastructure of King Orgnum's Mao-r-Mers' Republic of Aldmeris.
Many mirror-analysts of the Alinor rating faculties see the strongest competition for Tamriel in the growing markets to the west, in Yokuda. The investment blunders of the past have been largely written off as sunk costs, and recent advancements in pankratological arms technology see the Oricalc Valley on the rise again!

.. I know nothing about economics, sry.

Really well done and a proper response for an inaccurate question/poll.

AFrostWolf · February 2016

No, I Believe that the ESO economy Is weak & getting weaker.

Without an Auction House to have meaningful competition prices have been stagnant at outrageous levels. Because most things are unaffordable it basically makes gold worthless. There is no point to gold if I have to go out and collect everything.

ADarklore · February 2016

Yes, I Believe that the ESO economy is doing well & going strong.

On PC-NA, I'm not having any problems with the economy and my sales are doing well. A person can always grind mobs to gain stuff to sell or farm mats, etc. The problem I see is that end game players are having issues because they want to sell the end game stuff but they neglect the fact that sales are still strong with lower level loot and materials.

Saint314Louis1985 · February 2016

No, I Believe that the ESO economy Is weak & getting weaker.

I am in 3 average trading guilds with pretty consistent traders in halfway decent locations. I definitely dont grind for items to sell and just sell random v14 or less items i come across while just playing the game (the char i play is v13 atm). I tend to sell about 2-5 items per day bringing in about 4k - 15k. My trader guild fees total 6k per week. I also know that if I really wanted to make a big chunk of gold the easiest way to is farm TV stones and purchase v16 mats and sell them with ease. The opportunity to make gold is definitely there.

The only problem I have with the guild traders is that there is almost never anything good to buy for non v16 characters. You may occasionally get lucky and find the set pieces your looking for but more often than not i check about 30 of the biggest traders and cant find anything. Prime example, I have been looking for over a month for an arcane willpower ring at various levels at these traders and havent found one yet. Im v13 still wearing a v3 ring (which kills my PVP battleleveling). My other willpower items are v10 and v8 and i farmed the trophies myself and just burned them pre-v16 because the items are so hard to find. I get that alot of people dont use trophies until v16 but i would have thought someone, somewhere would get one running a low scaled dungeon or something and listed it. Also, it seems extremely hard to find non v16 crafted gear in the traders.

I would view the economy as strong if it were easier to find all items for all levels in the traders. Thats just not the case, atleast on xbox.