Recently, I have faced opposition in my venture to buy credits from the credits market. After attempting to explain how supply and demand works, I soon realized I would need to provide a more in-depth analysis of why I am buying credits for 10,000 gold instead of the 20,000 that this particular individual suggested. While this is primarily for his benefit, I hope others in the Basin find this assessment to be informed so that you don't faux pas as he did.

With our recent blessing of credits that we can achieve each month, we can buy our glorious artifacts and learn lessons without relying solely on the volatile credit market. This will lead directly to credits that used to be valued around the 20,000 and higher range to be driven down in value as there is much less demand for them, and the sellers realize they aren't able to charge their premium rate anymore. To better understand this, I will explain the supply and demand curve.

Supply can be observed by looking at the CREDITS FOR SALE; from the listing, prices vary from 11,750 to 19,800 gold, with the average sale price being 11,543. If you frequently keep track of the average sale price, you can discern how far below market credits are sold. Note that the lowest listing is 11,750, while the average sold amount is 11,543. For the sake of simplicity, we'll say that this means that credits were recently selling for 11,250 in the past few days. A handful of weaves ago, the average credit sale price was 10,267, leading to credits being available well below the asking price of 10,000. To see the whole picture, you need to do extensive data collection from the credit market to figure out what would happen at prices other than the visible average. While it is clear you have not done so, I have kept track of the average's highs and lows. In contrast to your expressions that I "need" to be buying at 20,000 gold, I have found willing sellers that trade me their credits as low as 7,500 gold a piece.

The demand is very unpredictable as well. Approximately every two years, some strange event occurs, and there is either a sudden rush of credits on the market or an increased demand. When people desperately need to acquire the newest artifact, you'll see a sharp increase in the price as sellers will take advantage of the sudden demand. Through this artificial scarcity and general want, the consumer side of the credit market will pay the costs set. While you may drive up the perceived value of credits, there will come the point that sales stop, and people start undercutting the market to bring it back to equilibrium.

While yes, you can set your credits to sell for 20,000 as the "cheap" option, you will not be achieving any sales in the near future due to the ease of access the average person has to credits outside of the market. Between literary and stage rewards, time quakes, power generation, sand hunting, influencing, and guild sales, you'll be very hard-pressed to find someone willing to pay more than 12,000 gold for a credit. A simple desire for higher credit costs for your capitalist gain will be met by the consumer's desire to get the best deal. Unless you have the resources to hold the market hostage in a monopoly, the customer will have the luxury of not buying into your ridiculous scheme and can wait it out with other sources of income. If your need for such a horrible market is because of your inability to generate income, please reach out to me, and I'll personally make you a comprehensive guide to making gold. Otherwise, please refrain from making poor speculations and demands of the market.

Penned by my hand on the 25th of Juliary, in the year 620 CE.