Originally Posted by
Deepone
Yes. Ignoring the poor grammar, "gold selling" is the selling of gold for real world money. This is not that. This is selling a token which some other player may or may not be willing to give you their gold in exchange for. The fact that they still need to go out and get the gold means that supply and demand continue to work as they always have. If anything, there will be a small amount of deflation as a result of the overall value of items on the AH going up while the supply of gold continues to increase at its usual pace.
No, you're wrong, and that's fine. You don't have to get economics to play WoW. Just understand that there are people out there who do get economics, and they're telling you that that's not how it works in any (even virtual) economy.
---------- Post added 2011-10-21 at 08:41 AM ----------
Others have pointed out that you're wrong because of the fact that the original gold is restored. However, I'd like to point out two other problems: 1) Blizzard selling gold most certainly would inject gold into the economy and that would hurt the economy through inflation 2) gold sellers actually do add gold to the economy when they steal it from an account. The account holder wasn't going to spend every bit of gold they have and then liquidate all of their items and spend that gold too, but that's exactly what the gold seller does by selling it all.