Don’t bother arguing with people who defend GDKP on the forums, it is not worth the time and effort, trust me. I guess drink forgot our conversation on this the other day where I finally got it through their head.
For the idiots, here is the simplest way to write this so your puny brains can understand: More money in circulation, higher prices.
For those of you who aren’t as dumb as Fonze and Drinknblink: If the supply of gold grows faster then the real economy can produce, prices will artificially increase due to more gold being in circulation. It does not have to effect every single individual market, it will effect the overall market.
This is basic economics that you can google not even mentioning what will be taught to you in an economics course. Arguing against very basic econ is legitimately brain dead.
That’s funny, because if you had actually looked at the Federal Reserve website you would also see where they say that, generally, increasing the supply of money in an economy will cause inflation, what cannot be precisely predicted is the degree of inflation, they also will try to strategically determine when they add money to the economy so as to best prevent runaway inflation. But keep trying to make disingenuous arguments.
You are ignoring the incentive aspect of creating gold into the economy that was not there, for every person who decides to buy gold, that is more gold that the illicit money printers will farm in the future.
Imagine people printing counterfeit bills, they only make a few because they are only making them for themselves, but if it goes undetected they might decide to make more and sell it to others, the bigger their illegal market gets, the more money they introduce to the economy, creating a feedback loop. Just because it existed already does not mean that it does not cause inflation, you are looking at this from too narrow a viewpoint.
No we are all laughing at the fact that the thing being blamed is something that doesn’t inject gold into the economy and how you’re all trying to say it causes inflation.
You want to warrior for something let’s talk about how blizzard is trash at banning bots and gold buyers.
I’ve had that troll Drink on Ignore for months now, but couldn’t resist reading that post. Low AH prices on megaservers full of bots and gold buying whale GDKPers?
Literally the opposite of reality. They just say nonsense with a straight face.
Ah prices are lower than any other version of the game on Benediction and it has trillions of gold on it, sorry this doesn’t line up with your narrative
Glad you finally admit increased gold supply causes increases inflation, but hey, this is why no one respects you because you’ll say anything in an attempt to win an argument, even lie in the same thread.
There are more variables than you are willing to acknowledge. A lot of consumables decrease in price late in phase since people simply don’t need all of them. Bots can affect prices of steady demand items because their owners buy up market and re-list them. I’ve seen this on numerous items.
Again, you are either incredibly ignorant to economics, wow bots and RTM, or lying so pick one.
