Quote:
Originally Posted by Frankie
what I don't understand is why people don't realize that when you auction off items, you may be removing money from the economy, but you're replacing that money with an item that's equal in value. if you auction off a gun for 500k, you remove that money from the economy, but now an item with the value of 500k is put right back in which pretty much means you've accomplished nothing. the person who bought the gun can still use it in trades for high value items because like demisis said, a lot of people trade items for other items rather than items for straight up cash.
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Yes they did accomplish something...they lowered prices. The point of removing money wasn't to make the rich poorer, it was to increase the value of money. People who didn't participate in the auctions (poor people) have the same monetary amount of money as they did before the auctions, but after the auctions that same number increased in value and could buy them more than it could before.