Game Theory: What is a Minecraft Emerald WORTH?

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In Minecraft’s recent update to the Villager trading system, they stopped with their randomly-generated prices and started setting a standard. Well Theorists, give me a consistent standard and I will give you a theory! This is the key to figuring out the economy of the Minecraft world – or at least the value of all the good we’ve been trading all these years. The most curious, to me, were the emeralds. How much is an emerald worth in Minecraft – and how does that potentially RUIN Minecraft’s whole economic structure? Let’s find out!

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#Minecraft #Emeralds #MinecraftEmerald #MinecraftLore #Econimics #MinecraftWorld #Enderman #MinecraftTheory #Theory #GameTheory

More THEORIES:
The Tragedy of Minecraft’s Sunken Tomb ► https://youtu.be/EJL13Bl9gS0
The History of Minecraft’s Underwater Gods ► https://youtu.be/hHPLAItTLiA
The Tragic Story of Minecraft’s Zombie Pigmen ► https://youtu.be/jxU0UalndcI
Minecraft, STOP Punching Trees!  ► https://youtu.be/dLgdbbeXkbk
The Lost History of Minecraft’s Wither ► https://youtu.be/m-Rmg5AYf8I

Credits:
Writers: Matthew Patrick and Zach Stewart  
Editors: Tyler Mascola, Alex “Sedge” Sedgwick, and Marc Schneider  
Assistant Editor: AlyssaBeCrazy
Sound Editor: Yosi Berman

Sources:  
https://i.redd.it/r7aecqvkhhu21.png 
https://www.payscale.com/research/US/Job=Farm_Worker%2FCrop_Field/Hourly_Rate
http://www.singhalinternational.com/tvalue.htm
https://minecraft.gamepedia.com/Trading/Before_Village_%26_Pillage
https://www.econlib.org/library/Enc/GoldStandard.html 
“Chapter 1: How Money Works.” Dave Barry’s Money $Ecrets: like, Why Is There a Giant Eyeball on the Dollar?, by Dave Barry, Random House Large Print, 2006.