I played this game with very cautious, normal people. I won the first tile with a bid of $25. A math teacher won the last tile with a bid of $101 trillion. I won the first 3 tiles actually just by tripling my bids. After that, everyone started going bonkers. Hilarious game.
One of the most popular games I own. We have only played with 4-5. So far we've kept our bids under $1,000,000 but I can see that changing. It continually works with one of my main groups even though we've likely played a couple dozen times and is quick and easy to introduce to new groups. I am so glad I backed it in the original BoardGameTables Kickstarter. If I had one complaint, it would be that the markers that came with the game had fairly hard tips and have engraved writing into the tiles.
This looks like such an interesting idea with the right group of people! It sounds like everyone is playing no limit poker using the casino's money as opposed to theirs. Pretty much what the government can do with QE and printing the money it needs to keep bidding... Somebody will definitely get left holding the bag though! Really makes me want to try this out sometime!
Every time I played QE, without any limit whatsoever, there was no escalation in the players' bets at all. It was quite the opposite in fact. The information flows quickly enough that it's possible to get a reasonable sense of where you stand and what bet value could potentially make you the highest bidder without exceeding the estimated threshold of who has spent the most. And finally, the risk-taking and the fun of the game is based on the more or less conservative estimation of this threshold at each auction.
Lol, to a degree. Although I think the consequences of losing a game versus losing your entire life savings, do slightly change how fast things escalate
Actually would it happen if 3 players in a 4 players game just decide they will just lose every single bid and just score from bidding 0. In that case the only person winning all bids will lose the game and the other 3 will get a tied score? This way the game will be broken?
Well, you have to place a bid when you're the auctioneer. So, they'd also have to agree to only bid $1 each as the auctioneer every time :P And then, near the end of the game someone is bound to want that win, so they'd drop a $2. Then the one person who was playing normal loses, the person playing only 0s and 1s loses, and the person who played that $2 wins the game.
I really enjoy the game, but if someone wants to loose then they can win everything and make it lame for everyone else. I just have to play this with the right people. We still have great chaos and lots of fun.
Somebody intentionally choosing to lose the game - can happen in any game, this one is just a bit more “obvious” about it. Most people want to win games haha
@@DakingofAP The difference here is they can take the game for everyone effectively making the game pointless....and worse....they can even do so and then blame everyone else for not outbidding them. They can tank it and claim it was a good play.
@@robertmiller6058 Had it set to notify me when a copy came in but haven't gotten any messages or seen it in stock in more than a year where I am in Canada.
This game seems like it has an equal chance of being either unplayable or hilarious. Would love to see a playthrough of this on the channel! Anyone have a good way of shuffling big cardboard tokens like these or the ones in night cage, btw?
This is a much better and more engaging review than your usual format. I honestly would love all your content to be presented in a similarly introspective and analytical perspective rather than worrying about hypotheticals and spending time on doing what could be referred to as consumer product reviews rather than this sort of more insightful critique.
I understand where you're coming from, the problem is this falls into one of those categories where I have to be mindful about changing the content and format based on comments here and there. Sadly I know from the past that if I do that, I suddenly find out all the other people who prefer It the old way. So something like this, will likely be kind of occasional video as opposed to the usual format.
This game sounds really cool. But, to be clear, QE means something VERY different from how the term is used in the game (or in your review). Here’s the very brief elevator pitch: “Textbook” monetary policy before 2009 was the Federal reserve buying government bonds to manage the monetary/financial/payment system. Once textbook monetary policy ran out of gas in 2009, the Fed started buying “non-traditional” assets, like Fannie Mae and Freddie Mac bonds instead of government bonds to do the same thing. Economics lecture aside, love the review and the game sounds like a hoot. Thanks so much for bringing the game to my attention!
No, it's not different. QE means printing money. The gimmicks and shenanigans wrapped around that money printing are simply ways to not to make it too obvious. And apparently it worked on you 😉
@@cesarpim QE is not “printing money,” whatever that means. (FWIW, coin’s and bills constitute less than 10% of M1, the narrowest definition of money. The rest is electronic/digital. And M1 is only a small percentage of the other, more expansive, definitions of money. Which means “printing money” is at best a metaphor, at worst a political slogan meant to manipulate. The overwhelming majority of money is not printed. QE is simply a means of doing the same thing the Fed always does to manage payment systems during a recession, with one key difference. Standard, pre-2009, monetary policy consists of buying and selling government bonds to raise/lower the federal funds rate (an inter-bank overnight lending rate). This was called open market operations. Once nominal interest rates effectively hit zero, the Fed was unable to lower interest rates further. So, with open market operations “out of ammunition,” they resorted to QE instead. Nowadays, the Fed didn’t even bother trying to manage the money system with interest rates through open market operations. Instead, they adjust the interest rate the Fed pays backs on reserves. I won’t throw my credentials to talk about this at you: I have a PhD in economics from a top-10 economics program, and I’ve been teaching economics at the college and/or graduate level since 1994. I will ask that you keep it respectful when you disagree.
@@sethwinslow I know it's mostly digital. "printing money" is a widely used term and isn't meant in the literal sense. It's not about phisically printing paper money. Everything you said the fed does are exactly the shenanigans that ultimately lead to the creation of more currency. It's all gimmicks to be able to do it in a "justifiable way". I'm sorry to tell you but the credentials that you didn't want to throw and ended up throwing are quite possibly the result of you being formatted the way the system wants you to be. And the fact you needed to throw those credentials also says a lot about lack of arguments. I know a finance PhD that recently realized how much he had been formatted before he started "digging". If you're interested: Hidden Secrets of Money - Ep4: ruclips.net/video/iFDe5kUUyT0/видео.html The American Dream: ruclips.net/video/IaDt9T7BF38/видео.html How the Economic Machine Works: ruclips.net/video/PHe0bXAIuk0/видео.html The Death of Money: ruclips.net/video/DuoE5CXlIdY/видео.html
@@sethwinslow go check the M1 and M2 charts: they are through the roof. Roughly 25% of currently circulating dollars were "printed" in the last year and a half. That's QE, that's money printing (figuratively speaking), that's what this game is indirectly about.
@@cesarpim yes, “printing money” is a widely used nonsensical term meant to mislead/manipulate people. In other words, brainwash them. And yes, we have seen some significant price increases in the past years, almost entirely the result of one-up demand and supply chain problems. And even with that, the level of inflation is far below the late 70s. It hurts, but far less than the economy would be hurting in the absence of stimuli. Is a pick your pain situation. QE is not the cause of inflation now, and it also didn’t cause any inflation from 2009-2016, despite lots of inflation hawks warning about it incessantly. It also didn’t cause inflation in Japan in almost 30 years. So the score is 30 years off QE in Japan, 7+1.5 years (in two distinct events) of QE in the USA, and less than one year of inflation in the 5-7% range, which is lower than it was during the stagflation 70s. Hardly a slam dunk that QE is inflationary. In any case, please don’t refer to actual expertise and knowledge as “brainwashing.” Is insulting. I’m done with their back and forth. I wish you and yours a happy new year as we respectfully agree to disagree.
Of course a jew would love this game lmao. Nah but seriously, it does sound fantastic, but it's so hard to get in my neck of the woods. I like that you recommended similar games at the end specifically for this reason, but in the end QE does still sound more fun.
It seems that the reason it holds together is that rule that if you spend the most you automatically lose. That keeps you somewhat restrained in your bidding. I imagine there is a lot of baiting at the table too because you need someone else to take the fall.
I played this with reasonable people. I once bid $6.02 × 10^23 and lost that bid. That is my statement.
Lol, we haven't resorted that far yet :)
That sounds like a very reasonable bid indeed. Perfectly normal.
Do you work for the Biden administration?
bro bid the avogadros constant
I played this game with very cautious, normal people. I won the first tile with a bid of $25. A math teacher won the last tile with a bid of $101 trillion. I won the first 3 tiles actually just by tripling my bids. After that, everyone started going bonkers. Hilarious game.
Lol it's complete insanity
"You'll be punch drunk crazy on the madness that is this game".... Hahahaha, yeah, that sounds about right.
:)
One of the most popular games I own. We have only played with 4-5. So far we've kept our bids under $1,000,000 but I can see that changing. It continually works with one of my main groups even though we've likely played a couple dozen times and is quick and easy to introduce to new groups. I am so glad I backed it in the original BoardGameTables Kickstarter. If I had one complaint, it would be that the markers that came with the game had fairly hard tips and have engraved writing into the tiles.
Our first few games we've kept it under a million....but true to the premise, our economy escalated past a million quickly :)
The game is just plain excellent.
We end up writting numbers I don’t even know the name of, with 15 zeros or 20, laughing constantly.
Yes! It's complete insanity.
we had the same experience as you, this game is a blast with the right group, it's on my party game shelf for sure
Yep :)
This looks like such an interesting idea with the right group of people! It sounds like everyone is playing no limit poker using the casino's money as opposed to theirs. Pretty much what the government can do with QE and printing the money it needs to keep bidding... Somebody will definitely get left holding the bag though!
Really makes me want to try this out sometime!
I recommend you the card game "Lucky bastard", I guess your game group will like it
Oooh, will take a look
@@BoardGameCo sorry, the name is "sneaky bastard"
Every time I played QE, without any limit whatsoever, there was no escalation in the players' bets at all. It was quite the opposite in fact. The information flows quickly enough that it's possible to get a reasonable sense of where you stand and what bet value could potentially make you the highest bidder without exceeding the estimated threshold of who has spent the most. And finally, the risk-taking and the fun of the game is based on the more or less conservative estimation of this threshold at each auction.
What's funny is this is what happens in stocks, the only difference is people have a limit to the money they can spend.
Lol, to a degree. Although I think the consequences of losing a game versus losing your entire life savings, do slightly change how fast things escalate
I can't wait to play this. I hope I can find it.
Just got added to miniature market!
I have not played QE, yet I'm already loving it :D
Actually would it happen if 3 players in a 4 players game just decide they will just lose every single bid and just score from bidding 0. In that case the only person winning all bids will lose the game and the other 3 will get a tied score?
This way the game will be broken?
Well, you have to place a bid when you're the auctioneer. So, they'd also have to agree to only bid $1 each as the auctioneer every time :P And then, near the end of the game someone is bound to want that win, so they'd drop a $2. Then the one person who was playing normal loses, the person playing only 0s and 1s loses, and the person who played that $2 wins the game.
The premise of this game is brilliant. I want to try it some time, but I don't think I need to own it in my collection.
Every time I’ve played this I’ve been the one who spent too much and I still love it
I give this game 5 trillion stars and I haven't even played it yet!
Exactly
I love this game! Glad you’re reviewing it, very underrated one imo
I really enjoy the game, but if someone wants to loose then they can win everything and make it lame for everyone else. I just have to play this with the right people. We still have great chaos and lots of fun.
Exactly....like I said, broken but fun :)
Somebody intentionally choosing to lose the game - can happen in any game, this one is just a bit more “obvious” about it. Most people want to win games haha
@@DakingofAP The difference here is they can take the game for everyone effectively making the game pointless....and worse....they can even do so and then blame everyone else for not outbidding them. They can tank it and claim it was a good play.
Why do I know the person doing that is Jesse?
YES! This game is insane! There’s no way it should work, but it does and it’s so much fun. The psychology is brilliant. Love it.
I have to play this game, it looks like a riot with the right group
I also always believe every word I say 😜
Review Tuesday has arrived 😁💪
This game sounds hilarious, but I don't regularly have 4 or 5 in my group, and it seems like it wouldn't be as good at 3.
From the comments I feel I'm in minority in that we tend to play this game without unneeded escalation
True, but I'm glad it does exist :-)
bought the original wood one. i love QE
Is this just a better version of High Society? Isn't the escalation the most fun part?
If only Stockpile were still available.
I bought Stockpile and Continuing Corruption a few months ago. Has it already run out?
@@robertmiller6058 Had it set to notify me when a copy came in but haven't gotten any messages or seen it in stock in more than a year where I am in Canada.
This is such a great game! I picked it up at Pax. It is so much fun and yes it is broken in the right way.
Right! I don't like calling games broken, but this one has to be.
This game seems like it has an equal chance of being either unplayable or hilarious. Would love to see a playthrough of this on the channel!
Anyone have a good way of shuffling big cardboard tokens like these or the ones in night cage, btw?
If you have to start using exponentials, you have gone too far.
We've hit trillions in our games, that's the most so far :)
This is a much better and more engaging review than your usual format. I honestly would love all your content to be presented in a similarly introspective and analytical perspective rather than worrying about hypotheticals and spending time on doing what could be referred to as consumer product reviews rather than this sort of more insightful critique.
I understand where you're coming from, the problem is this falls into one of those categories where I have to be mindful about changing the content and format based on comments here and there. Sadly I know from the past that if I do that, I suddenly find out all the other people who prefer It the old way. So something like this, will likely be kind of occasional video as opposed to the usual format.
Many silly games tend to be a lot of fun.
This game sounds really cool. But, to be clear, QE means something VERY different from how the term is used in the game (or in your review). Here’s the very brief elevator pitch: “Textbook” monetary policy before 2009 was the Federal reserve buying government bonds to manage the monetary/financial/payment system. Once textbook monetary policy ran out of gas in 2009, the Fed started buying “non-traditional” assets, like Fannie Mae and Freddie Mac bonds instead of government bonds to do the same thing.
Economics lecture aside, love the review and the game sounds like a hoot. Thanks so much for bringing the game to my attention!
No, it's not different. QE means printing money. The gimmicks and shenanigans wrapped around that money printing are simply ways to not to make it too obvious. And apparently it worked on you 😉
@@cesarpim QE is not “printing money,” whatever that means. (FWIW, coin’s and bills constitute less than 10% of M1, the narrowest definition of money. The rest is electronic/digital. And M1 is only a small percentage of the other, more expansive, definitions of money. Which means “printing money” is at best a metaphor, at worst a political slogan meant to manipulate. The overwhelming majority of money is not printed.
QE is simply a means of doing the same thing the Fed always does to manage payment systems during a recession, with one key difference. Standard, pre-2009, monetary policy consists of buying and selling government bonds to raise/lower the federal funds rate (an inter-bank overnight lending rate). This was called open market operations.
Once nominal interest rates effectively hit zero, the Fed was unable to lower interest rates further. So, with open market operations “out of ammunition,” they resorted to QE instead.
Nowadays, the Fed didn’t even bother trying to manage the money system with interest rates through open market operations. Instead, they adjust the interest rate the Fed pays backs on reserves.
I won’t throw my credentials to talk about this at you: I have a PhD in economics from a top-10 economics program, and I’ve been teaching economics at the college and/or graduate level since 1994. I will ask that you keep it respectful when you disagree.
@@sethwinslow I know it's mostly digital. "printing money" is a widely used term and isn't meant in the literal sense. It's not about phisically printing paper money.
Everything you said the fed does are exactly the shenanigans that ultimately lead to the creation of more currency. It's all gimmicks to be able to do it in a "justifiable way".
I'm sorry to tell you but the credentials that you didn't want to throw and ended up throwing are quite possibly the result of you being formatted the way the system wants you to be. And the fact you needed to throw those credentials also says a lot about lack of arguments.
I know a finance PhD that recently realized how much he had been formatted before he started "digging".
If you're interested:
Hidden Secrets of Money - Ep4:
ruclips.net/video/iFDe5kUUyT0/видео.html
The American Dream:
ruclips.net/video/IaDt9T7BF38/видео.html
How the Economic Machine Works:
ruclips.net/video/PHe0bXAIuk0/видео.html
The Death of Money:
ruclips.net/video/DuoE5CXlIdY/видео.html
@@sethwinslow go check the M1 and M2 charts: they are through the roof. Roughly 25% of currently circulating dollars were "printed" in the last year and a half. That's QE, that's money printing (figuratively speaking), that's what this game is indirectly about.
@@cesarpim yes, “printing money” is a widely used nonsensical term meant to mislead/manipulate people. In other words, brainwash them.
And yes, we have seen some significant price increases in the past years, almost entirely the result of one-up demand and supply chain problems. And even with that, the level of inflation is far below the late 70s. It hurts, but far less than the economy would be hurting in the absence of stimuli. Is a pick your pain situation.
QE is not the cause of inflation now, and it also didn’t cause any inflation from 2009-2016, despite lots of inflation hawks warning about it incessantly. It also didn’t cause inflation in Japan in almost 30 years.
So the score is 30 years off QE in Japan, 7+1.5 years (in two distinct events) of QE in the USA, and less than one year of inflation in the 5-7% range, which is lower than it was during the stagflation 70s. Hardly a slam dunk that QE is inflationary.
In any case, please don’t refer to actual expertise and knowledge as “brainwashing.” Is insulting.
I’m done with their back and forth. I wish you and yours a happy new year as we respectfully agree to disagree.
Clickbait title forgiven because: IT'S 100% true!!!!
Right?!?
Sounds like financial capitalism in a nutshell.
Yes!
Of course a jew would love this game lmao. Nah but seriously, it does sound fantastic, but it's so hard to get in my neck of the woods. I like that you recommended similar games at the end specifically for this reason, but in the end QE does still sound more fun.
It’s ponzi scheme, the game
Lol yes
It seems that the reason it holds together is that rule that if you spend the most you automatically lose. That keeps you somewhat restrained in your bidding. I imagine there is a lot of baiting at the table too because you need someone else to take the fall.