Legendary Week

[Looter]

[quote author=Looter link=topic=53383.msg259308#msg259308 date=1455302807]
[quote author=DrWhoCares link=topic=53383.msg259305#msg259305 date=1455300730]
You're saying that the harder it is to obtain money, the higher the value of materials.
So clearly, the poorer the community, the best way to make money is to value materials well above the price people can afford.

Materials work on supply and demand. If demand is high and supply is low, price per material will be high. If demand is high and supply is high, prices will drop slowly as people start cutting each other's prices. If materials continue to drop in high abundance, demand will lower but supply will remain high.

The addition of higher drop rates, particularly bosses dropping multiple HM or lumps, increased the supply.

Question, will that nessasarilly lessen the overall crafting prices? Because just increasing some mats [mat 1] in supply and leaving others alone [mat 2]will leave the untouched ones in high demand as people craft and run low on [mat 2]and those [mat 2] will take the prices of the old mats [mat 1]you increased the supply of. I don't see just increasing mats as the full solution.

Look at what's already occurred, as the sheer number of craftables released increased, so did the demand to craft and despite decreasing costs of hm or lumps people just decreased the supply of say Damascus steel as that ran out due to increasing crafting of new things, where it then took the formers place and the prices overall stayed up.
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Not to be a smartass, but this sounds like a word problem from my microecomonics class a few semesters ago  :, just like....not as poetically phrased.
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I cri so much.

Tl:dr the fix isn't to just increase mat drops of a couple things alone. As people will craft more because of for example new items being released, they will sure use up the now cheaper mats [the more frequently dropped ones] but so will they also use up the other mats that weren't increased, so prices of those go up to take the formers place and the total price is pretty much the same.