Inflation and the value of Gold...
There was an interesting thread, which was revived from the old BLTC forums about inflation research.
John Smith, the game economist, also made a statement there (or reposted his and Izzis posts from the old thread).
The research the OP did was a very good attempt in my opinion, but has to be taken with a grain of salt, as it completely neglects the overall gold in the economy (as we as players, cant determine that with the tools at our disposal).
Overall, over the last years, I think the economy was pretty balanced, some patches introduced some massive new gold sinks, some introduced massive (temporary) mat faucets, or the other way around.
So it goes up and down from time to time, even though overall, there probably has been inflation over time, it is way less significant than in other games.
I think Anet also did a great job at keeping lower level loot for newer players valuable.
Keep in mind though, that after the expansion lots of markets are out of whack and its wild west out there, so you might hear other opinions pretty soon, that will say that the economy is doomed because dungeon gold faucets got nerfed.
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.
The expansion will cause new fluctuations so nothing can be said yet until it simmers down. Personally I don’t see much change I am still bringing in gold at the same rate as always.
If you’ve been around for 3+ years, you’ll remember there has only been one major event that had affected the entire TP in one foul swoop, and not in a good way from a player perspective. The death of the bots, for the most part, around this time 3 years ago, marked a time of massive price inflation across the board as much of the stock in the TP was kept high by the bots. When the bots when away, the supply was not keeping up with the demand and could only cause prices to rise. After that, the market has been fairly stable, save for a few times when specific things get affected, mostly affecting high-end items, like when the wardrobe drove up the price of PCs by making legendary skins account bound.