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General discussionLocal Prices Update(709 posts)(709 posts)
(709 posts)
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This is my favourite topic
Posted January 30, 2015
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Maxvorstadt: I don`t understand why the euro does lose value compared to the dollar?!? The USA is nearly bankrupt, every two or three moths the US government raises the credit limit so they don`t have to say officially that they are bankrupt, but in fact they are!
Taken this into account it would be more realistic to say that 1 euro is worth 10 dollars, or even 15!
If I've well understood, it's because Europa, since some months, has an inflationist policy (but they don't want to exceed 2% of inflation) to fight against potential deflation (due to lack of growth). So they inject some euros (= print euros) in the economy, this induce inflation and so depreciate the exchange monetary rate.

But it doesn't mean that what you said isn't true ;)
The dollar is in theory a very week money, but the reality doesn't reflect this at all.
Post edited January 30, 2015 by Splatsch
Posted January 31, 2015
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Maxvorstadt: I don`t understand why the euro does lose value compared to the dollar?!? The USA is nearly bankrupt, every two or three moths the US government raises the credit limit so they don`t have to say officially that they are bankrupt, but in fact they are!
Taken this into account it would be more realistic to say that 1 euro is worth 10 dollars, or even 15!
The USD's value is artificially inflated for both internal and international politics reasons. The EUR's is artificially deflated to create that inflation Splatsch mentioned fully against the run of the market. Because, you know, things getting cheaper and people being able to afford more with the same money, including from their existing savings, is a bad thing according to economists.
Posted January 31, 2015
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Maxvorstadt: I don`t understand why the euro does lose value compared to the dollar?!? The USA is nearly bankrupt, every two or three moths the US government raises the credit limit so they don`t have to say officially that they are bankrupt, but in fact they are!
Taken this into account it would be more realistic to say that 1 euro is worth 10 dollars, or even 15!
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Cavalary: The USD's value is artificially inflated for both internal and international politics reasons. The EUR's is artificially deflated to create that inflation Splatsch mentioned fully against the run of the market. Because, you know, things getting cheaper and people being able to afford more with the same money, including from their existing savings, is a bad thing according to gangsters.
I corrected your post, but in fact you`re right!
Posted January 31, 2015
In short, the EU states print money just like that (no gold backup for it or anything), so the value of the money decreases since there is more around.

Holding back to buy stuff because of increasing prices is risky since you don't know if it won't keep losing value. Maybe you are better off owning products than money.
Posted January 31, 2015
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RyaReisender: In short, the EU states print money just like that (no gold backup for it or anything), so the value of the money decreases since there is more around.

Holding back to buy stuff because of increasing prices is risky since you don't know if it won't keep losing value. Maybe you are better off owning products than money.
Owning products is expensive if you don't own ground and building (and security measures depending on where it stands).
Posted February 02, 2015
Another update? I see Grim Fandango costs 13.29$ now, while it was 13.99$ yesterday.
Posted February 02, 2015
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zeffyr: Another update? I see Grim Fandango costs 13.29$ now, while it was 13.99$ yesterday.
Not for me. It was $13.29 ever since 3 days ago.
Posted February 02, 2015
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Cavalary: The USD's value is artificially inflated for both internal and international politics reasons. The EUR's is artificially deflated to create that inflation Splatsch mentioned fully against the run of the market. Because, you know, things getting cheaper and people being able to afford more with the same money, including from their existing savings, is a bad thing according to economists.
How sadly true.
Posted February 02, 2015
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zeffyr: Another update? I see Grim Fandango costs 13.29$ now, while it was 13.99$ yesterday.
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Grargar: Not for me. It was $13.29 ever since 3 days ago.
MaGog agrees with you, so my bad. Thanks for having your finger on the pulse.
Posted March 04, 2015
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Ciris: For $14.99 games:

EUR: was 12.79 —> 13.39
AUD: was 18.39 —> 19.09
GBP still is 19.09
RUB still is 1019.00

[edit] Let me know if this is a clearer information than what I posted last time and I'll try to keep a uniformly legible formatting for each future change as well :)
As this has been brought up in another thread just now, thought I should mention you have quoted the GBP wrong.

Example:
http://www.gog.com/game/a_golden_wake $14.99 / £9.99

Presume you accidentally put the AUD price.

Might want to fix it before theres some nutter blowing off about it! ;)
Posted March 12, 2015
Just popping in here to let you know another pricing change occurred. Here are the main details about the changes:

Previously:
5.99 USD was 5.39 EUR - 7.69 AUD - 409 RUB
9.99 USD was 8.89 EUR - 12.69 AUD - 679 RUB

Now:
5.99 USD - 5.59 EUR - 7.79 AUD - 389 RUB
9.99 USD - 9.29 EUR - 12.99 AUD - 639 RUB

GBP remains the same.
Posted March 12, 2015
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Ciris: Just popping in here to let you know another pricing change occurred. Here are the main details about the changes:

Previously:
5.99 USD was 5.39 EUR - 7.69 AUD - 409 RUB
9.99 USD was 8.89 EUR - 12.69 AUD - 679 RUB

Now:
5.99 USD - 5.59 EUR - 7.79 AUD - 389 RUB
9.99 USD - 9.29 EUR - 12.99 AUD - 639 RUB

GBP remains the same.
Dang. I guess I'll sit on my cash for a while. :P
Post edited March 12, 2015 by Senteria
Posted March 12, 2015
Behold the effect of the enlightned EU politics and rejoice!
Don't you *feel* the very meaning of the term "diving" when looking day by day at the exchange rate?

Well, at least now the Nordic Games catalogue can come back without so many excuses. :P
Posted March 12, 2015
Euro, why do you want to be like the dollar :' (
Posted March 12, 2015
Euro keeps going up. >_<
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This is my favourite topic
Community
General discussionLocal Prices Update(709 posts)(709 posts)
(709 posts)