Real and Virtual Worlds Closing In On Each Other

[selenite0]

The Wall Street Journal is reporting on commodity price changes . . . in the World of Warcraft.

Okay, it's in the weekend/leisure section rather than the markets one, but it's a serious take on the issue. Apparently creating a "jewelmaker" character class is driving up the price of the raw materials they use. Just as economic theory would predict.

Comments

[phanatic.livejournal.com]

They'll come back down though, because the economy is inflationary. There's a potentially infinite money supply, and there are for more ways for money to enter the economy than to leave it.