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How do economics work?

Started by Hofstede [1945536] on in Stock Market.

10 replies · 149 views · thread synced · 23 days ago · View on torn.com
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Hofstede [1945536]

Hello people of Rorn City,
Im new to this game and was wondering how the money works here? exampel: I bought a Porche GT3 for 95000 dollar and a lump of coal is about 3 million.

how dose it work?
Nuclear [827175]

Well if you're talking about making money then purchase items that are in high demand e.g. xanax, cans, DPS, fhc (check the item market from the city link)

You should buy low and sell high
BTW next time you wanna ask a question go to the q&a topic
1875860 [1875860]

The trick is to buy things you are able to sell for more than you bought them for. Esentially you want to buy stuff for less than it's worth and resell it with a profit.

I know it's cliché, but I'll write it down anyway: buy low, sell high.
Tenshi [967997]

I feel like they're asking why a lump of coal costs many times more than a brand new car. And the answer is that this isn't the real world and so the economy within torn values different things. I'm sure anyone understands the basics of supply and demand just by existing in the real world, but basically, you just have to figure out what things are valuable within the game.