Econ 101 Question

#1 - Feb. 21, 2013, 8:56 p.m.
Blizzard Post

I just logged out for the evening, but before I did, I noticed something peculiar. Can someone explain to me, how in this “free market”, both Gems and Gold are spiking at the same time?

I think I must of slept through that process explanation during economics class.

#5 - Feb. 22, 2013, 1:43 a.m.
Blizzard Post

It’s probably just a misreading of the UI. With the sale on bank and bag slots, the demand for gems increased dramatically. Inside the currency exchange as players receive gems for their gold, the gems become more scarce and the exchange rate is adjust to reflect the different level of scarcity. This in turn creates a better rate for Gems -> Gold in which the players will receive more gold for their gems. This generates additional demand for Gold. So the sale has created two distinct increases in demand, for both gems and gold.