Guild Wars 2

I find it amusing that people still do not know how the trade post works. Most notably the Tax. All items you post for sell consumes 15% of the Gross.

Example:
Someone spends 4s on 20 Silk Scraps.
Then spends 2g on a Rune of Holding.

Already you are down 2g4s crafting a 18 slot bag. Then to insult yourself you post it to undercut the previous ignorant seller for 2g18s42c (true story). For some reason this person thinks they will at least make 14s42c.

The actual return will be 1g85s56c, The poor seller LOST 18s34c.

The larger the sell price, the wider the TAX margin. So for people that power trade, higher the cost the more the loss because there are 100s of uneducated people like you that undercut thinking they will make money but all they are are doing is flushing their money away.

I have noticed that recently the economy is starting to collapse on many areas because of undercutting and driving prices down.

More and more crafting is starting to lose economic potential because crafting materials are losing value. While it will be great for people that want to level crafts, it lowers the value of crafted goods because of the influx of crafters.

It is not a bad thing that there are more and more crafters. But with the crafting materials losing value, the final value of crafted goods are effected. With the cost of material and the trade post tax, mixed in with people undercutting, the profit for crafting is vanishing.

One of the flaws of the market is that the TAX is hidden. You see the Listing fee but the shown value of the sale does not reflect the final 10% tax. This really needs to change… ArenaNet assumes that the majority of the people that play the trade post know how to do math. That is really a huge leap of faith. Please do the math for everyone and add a final number to all sales by showing people that their final sale value after tax.

Example:

Total (before sales tax) : 2g18s42c
Listing Fee: 10s92c
Final (after sales tax and listing fee): 1g85s56c

At least with this method no one will have an excuse for being an ignorant seller. And you can avoid the Hyper-Deflation. Which is just as bad a threat as Hyper-Inflation.