SRL Archive - NOTA

I'm sure everyone here is aware of the recent global stock market crash, now i want to know if a similar scenario (except obviously less complex) is possible on runescape. Here are some points/questions to consider;

- how would a runescape market crash come about? eg: could it be engineered by lets say, having a huge amount of cash, and using the grand exchange to buy up, and completely remove one, or a few base resources from the market?

- What sort of measures to Jagex have in place to prevent such a thing from happening? eg: i know that they control certain aspects of the construction skill market, like plank making price.

- also how effective are these measures and how long do you suspect it would take for them to com into effect after for example, every yew log on the market is bought up?

let me know your thoughts on it, and feel free to bring up related ideas/thoughts.

Completely different, in my mind. But, price manipulation is similar (well, it's the opposite), and is done pretty frequently. A huge clan buys one item in bulk, until the demand is high (or the system/Jagex thinks it is), and the price goes up. Then everyone in the clan sells the item, for pure profit. However, this is not an easy task. It has to be something that people buy, and is useful, for them to buy 100+% more than the normal price.

Autoers could, in theory, make a "crash" of a few, autoable items. If we had mass amounts of people auto one item, and then sell all at once until the demand was low, and the supply was high. The price would drop, and there would be a "crash".

Jagex has stated they can control the price (which they could), but I haven't seen it done (except for awhile ago, they changed the price of almost every item).

Hope that helped. :)

(Example(s) of price manipulation: Here, here, here, and here. :))

Thanks Ian, very helpful :)

Jagex has and will stop merchanting clans.

GoldMerch was banned/locked for this. They started a brand new item to merch and the price started to rise. Jagex saw this and stopped the rise of the item.

Be carefull, jagex does not like this

Prices are coming down because the summer holidays are coming to an end, so the demand for items isn't so great.

From: Richard
Prices are coming down because the summer holidays are coming to an end, so the demand for items isn't so great.

But the supply for items shouldn't be as great then? The equilibrium prices shouldn't really change that much when summer ends.

I love economics, so I actually have thought about this too. When you say stock market crash, you mean prices on everything falling I assume. This would be very possible if there was some type of banking system in Runescape. By banking system, I mean somewhere that players can put their money and accumulate interest on it, and then it would be loaned out. A means of indirectly investing money. Then, based on reserve ratios of the bank, the money multiplier would change. If this intermediary were to keep 10% of money from investors in reserves, then that would multiply the amount of money in Runescape by 10. 20% 5, 50% 2…etc. (reciprocal). When the money supply can be easily altered (like IRL banks are keeping more in reserves causing heavy deflation), economies can easily be crashed.


But with Runescapes current economy, I don't see how it's possible. The way I look at it is that prices on everything will always be going up in the long run. This is because Runescape has a very high rate of inflation. Money really doesn't leave the game unless someone drops it for no reason, or buys items from general store, but money enters through high alching, monster cash drops, and selling items to shops.