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SUBSCRIBE to never miss a Theory! ► http://bit.ly/1qV8fd6In 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! Get the game here ►► https://www.minecraft.net/ Need Royalty Free Music for your Content? Try Epidemic Sound. Get A 30 Day Free Trial! ► http://share.epidemicsound.com/MatPat SUBSCRIBE for Every Theory! ►► http://bit.ly/1qV8fd6 Hang out with us on GTLive! ► http://bit.ly/1LkSBnz #Minecraft #Emeralds #MinecraftEmerald #MinecraftLore #Econimics #MinecraftWorld #Enderman #MinecraftTheory #Theory #GameTheory More THEORIES: The Tragedy of Minecraft's Sunken Tomb ► • Game Theory: The Tragedy of Minecraft... The History of Minecraft's Underwater Gods ► • Game Theory: The Murky History of Min... The Tragic Story of Minecraft's Zombie Pigmen ► • Game Theory: The Tragic Story of Mine... Minecraft, STOP Punching Trees! ► • Game Theory: Minecraft, STOP Punching... The Lost History of Minecraft's Wither ► • Game Theory: The Lost History of Mine... 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/... http://www.singhalinternational.com/t... https://minecraft.gamepedia.com/Tradi... https://www.econlib.org/library/Enc/G... “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.