I’ve read a lot of posts complaining about different prominent gold farms leading to inflation in Classic and asking for Blizzard to stop it.
I believe inflation is a net positive at current gold levels, and I will list a few reasons why.
- New players
Remember leveling your first character, skipping non-needed skills at trainers, avoiding buying stuff at the AH like the plague, and grinding mobs at level 43 for your first mount? It has some charm to it, true. But is is daunting.
With inflation, the prices of easily available materials rise, such as low level herbs, skins, cloths, enchanting mats. In a more inflated economy, getting the level 40 mount and all spells is easy.
- More alts. More specs. More fun.
Grinding for the first epic mount is an interesting experience. Grinding for the 10th is not. In an inflated economy, 1kG is not a big deal. No more poverty ponies in AV. A much bigger issue is respec costs. 100G per respec is prohibitively expensive for many players. There were many times I wanted to respec shadow and do some wpvp but didn’t because I didn’t want to farm gold for two hours to afford it. With inflation, 100G per respec becomes crazy cheap. Respeccing is way more affordable, and your class potential explodes. If you are pro dual spec, you should be pro inflation!
- Need based economy
Right now, many gold farms depend on raw gold being generated. That is the main contributing factor to inflation. But this farming is useless to the community. When I solo princess in mara and vendor her mace, I gain 4g. But I helped no one but myself. When I carry a lowbie and sell her ring for gold, I have provided a service to the community: as the consequence of my actions, the community is better geared. However, for it to be worth the effort of carrying someone, the gold has to be inflated enough for the price to be comparable to the raw gold generated. Right now, I can successfully charge 30G per ring drop, so I am occasionally selling carries. If the inflation puts that price to 100G, I’d do it way more often. More people would get their +hit. It’s similar with mage boosts.
- Natural equilibrium
Inflation happens due to raw gold generation. The more inflated gold is, the less valuable raw gold farms become. Thus less people will do raw farm, and less inflation will be generated. We need more inflation to stop inflation.
Based on this, I suggest we all bow to our mage overlords and boost a mage alt to boost mage alts untill we inflate gold for the betterment of all players due to trickle down economics.
Vote inflation 2020.