erezike wrote...
I agree with david that inflation as no meaning in this argument.
Inflation has every meaning in this argument, unless you know the value of the credit in 2013. Then you are right that inflation has no meaning.
Even though currencies are devalued by inflation, they usually stay proportional to each other within a margin, provided they are managed correctly. In 1920, 1£ was worth just below 5$. Today, 1£ is worth 1.61$.
1$ in 1920 was worth 12.15$ in 2013.
1£ in 1920 was worth 37.83£ in 2013.
So even though they are much less valuable today, the similar rates of inflation have made them fairly equal in value.
Ergo, you can't balance the value of a future currency with the value of a currency today, unless you know what the future currency would be worth today. The only other option is to account for inflation in order to estimate what the future currency would be valued in comparison to the currency you are balancing it against, accounted for inflation.
So let's do just that.
If the dollar keeps up its historical yearly inflation rate of 3%, 1$ in 2183 will be worth 0.0065$ in 2013. That is 153$ in 2183 for every dollar in 2013.
If going by your estimated 1 credit in 2183 = 10$ in 2013, every credit has the same purchasing power as 1,530$ in 2183. A fish costs 7,650$ in 2183, and a 100,000 credit gun costs 153,000,000$ in 2183. In other words, the dollar compared to the credit is severely hyperinflated. This gives the Alliance a pitiful purchasing power parity, contrary to everything we see in the games.
The problem is not in the dollar, it is in the credit. You are greatly overestimating its value.
It would be way more realistic if 100 credits in 2183 = 1$ in 2013. That's 1.53$ in 2183 per credit in 2183. The credit is still a stronger currency, but not massively so. The absence of hyperinflation in market prices suggests that the market is regularly deflated to keep prices down, and perhaps that the credit is based on gold or some other rare commodity (maybe even eezo?) since I doubt they are insane enough to use a perpetually inflating fiat monetary system for 2000 consecutive years. That would render the credit completely worthless by 2183, which we know isn't the case.
erezike wrote...
The Free lance in omega are offered 500 credits for a suicide mission only if they survive. adminstor anoleis offers you 200 for a hefty sevice. 5000$ and 2000$ sounds right for both.
Omega is a slum, 765$ is more than enough for a single person, especially when most of them aren't expected to survive. And I wouldn't call the service to Anoleis "hefty". You rat out a hanar, and that's it. Most of the value was in the garage pass.
erezike wrote...
Rents, taxes, demand and import cost are. and it make perfect sense for a fish to cost 50$ on the citadel
the citadel is the most expensive place in the galaxy.
And yet it has poverty problems.
erezike wrote...
How was anderson able to pay for an apartment that zise from an advisor pay is what you should be wondering about.
Perhaps because the credit isn't as strong as you estimated, or that you are underestimating the wages of someone as high in rank as Anderson. Even today, Admirals make a crapton of cash, and serving as advisor to humanity's first Councilor? That's got to come with some green.