Reported Post by superman123321

superman123321 has reported a post.

Reason:

move to market lounge

Post: GP Price Skyrocket - What?
Forum: RuneScape 2 General
Assigned Moderators: cosrob97, Awesome Stranger, Determinate, KerokeroCola

Posted by: Emperor_Nero
Original Content:

Why do people assume that gold prices would skyrocket if bots stopped working/mass gold farms were stopped? Yes, it would hit an initial panic bump that people could profit from but if you consider it economically then the market is already saturated with gold so much that it isn't going to matter if there is anymore gold pumped into the system. Currency is a circular flow from person to person, and it is an open system that allows plenty of gold to come into the system but there aren't too many gold sinks that would revitalize the economy and lessen the current inflation. The only way to combat inflation is to take money out of the system and stop the flow from coming in as drastically.

Discuss reasoning.

 

[cosrob97]

Done, thanks.