The Economics of this Galaxy - Beer

Galactic Average Price for tonne of beer is at time of typing, 167 credits

Each tonne contains in the region of 2204.625 pints, (at 16 ounces to the pint) this resolves to a wholesale price per pint of 0.07 credits

The average price of a pint in British pub is about £3.10

if we assume the barkeep wants a profit per pint and beer is still sadly taxed in the future, then our galactic boozer ups that 0.07 creds to lets say a whole credit per pint we can presume an exchange rate of
1 Galactic Credit = £3.10

Average UK income in the region of £25,000 (or in drunk terms 8064.5 pints a year)
The average Galactic Citizen probably has an income of 8064 credits, a new pilot in the game begins with a ship the sidewinder worth i think 30,000 creds, (£90,000ish)
Now I'm led to beleive a small Cesna airplane is the region of £212,000 and the cesna is not a fighter class vessel like the sidewinder...so perhaps the comparison should be to a motor car, in these terms our sidewinder is equal to a land rover, a vehicle brand new arguably beyond the reach of your average wage earner in the uk.

So the pilots of the galaxy already represent a wealthy class in £ probably those of us earning six figures.

Space travel in your own ship alone makes you part of a mobile galactic Elite, but as you amass more and more wealth in game, there is nothing to with it other than buy ships and cargo, i've amassed some 30 million credits from trade, exploration and bounties - self defence only, (£90 million) and assets of several ships, as well as having spent a fair bit on upgrades.

The point of the game is - if there is one - getting rich, its the outcome all activities lead to.
Something i've achieved, i need never see a spaceport again!
on earth someone who made this kind of cash hauling freight by sea or land would be looking to either retire or start down the road of being an inter-stellar Eddie Stobart or investing their wealth - but this where the economics of the game fall down for me, there is no stock market, no chance to buy shares in the corporations of the galaxy, no interest paid on your balance.

As a simulation of outer space, it's good, as a simulation of the mechanics of an inter stellar capitalist economy however it is a bit lacking.

I wonder if the developers should consult some economists/futurists about what a galactic economy might look like, at least add some of the basics of a banking system such as interest paid on balances.

Also if someone shoots at me, surely i should be able run away and then put a price on their head? - i can afford it after all, and as a wealthy pilot, why risk my own life in a confrontation?
 
Someone did a similar thing with one of the metals (Platinum?) and it looked like most Conda owners could play cards with Bill Gates and not worry too much.
 
"An advanced economy?! That's something you'd find in EVE!!! I won't have THAT in MY space sim!" - Some random CMDR about to post

Now that we got that out of the way, good idea. I'd love the chance to invest with returns in some of the larger corps in the game like Zorgon Peterson or Utopixx Entertainment, or actively bankroll a minor power in exchange for permanent discounts or some other equity.
 
I'll just fill a T9 with 512 * 2204.625 pints and drift off into space, just me and all those pints.

Ill return when the massive hangover passes, if it ever does...
 
now calculate the price for an ounce of gold and think about the annual growth in % it takes until the Elite year to decide if you should invest your RL currentcy in gold :p

Also, think about the £ for single robigo slave taken to the bubble that currently is over one million credits.

I'll just fill a T9 with 512 * 2204.625 pints and drift off into space, just me and all those pints.

Ill return when the massive hangover passes, if it ever does...




that may explain those lost and crashed T9's tenthousends of lightyears away from the bubble, they started with 12t tea and 500t beer and didn't know hw they ended there.
 
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I'd advise against playing cards with Gates, he'd want to play solitaire on vegas rules, and there are no winners at that game!
 
Seriously for me, I'd certainly like a little bit more of an advanced economic model, as I understand the whole point to the OP was that it doesn't make much sense. Or at least adjusted figures so beer vs gold might look more like real-world figures as it would today.

But, y'know madeuponics are at work here- it's just a game after all. I guess too that if FD put more stuff like stock markets and interest rates in, they'd be less hauling and more putting your cash into shares. But then of course, we wouldn't need to leave orbit at all if all we wanted was to make more credits... ;)
 
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