Economy

Inflation and Deflation
Over time, the purchasing power of a piece of eight (PoE) fluctuates. This behaviour is not determined by any intervesion of the Ringers, but rather the game's economy reacting to variences in the money supply.

PoE enters the economy when it is won from brigands and skellies. Note, however, not all of this money nessesarily comes from the eather, as they may also have funds they previously won from another player. A small amount of money may also enter the game by ocean masters sponsoring tournaments or other events. PoE then circulates arround the economy from player to player via payouts, trades, shope purchases, wagers and tournaments, special events, and other means. Eventually, PoE leaves the economy via taxes (A portion goes to the governor, but the rest disappears]]), war chests, portrait sitting fees, and drinks for the old salts. Capital (not PoE itself, but goods of some value) is also removed from the ocean when items dust or rum or shot is consumed. As there is distinct PoE sources and sinks, whether the economy is inflationary or deflationary is largely dependent on how quickly new money enters the ocean compared to how quickly it leaves.