Yeah, stupid ignorant players! How dare you not learn economic theory, especially since it's just as imaginary as the game or the items you're selling! Besides, it's not like there's any downside to economics! It's not like it's a broken perpetual ponzi scheme that exists solely to ensure the continued profit of the people that already have the money anyways! GUARANTEED R.O.I.!
Yeah, I think 15% of nothing is a pretty pointless fee too. And, given the price of 'good' items, whatever relevance it was projected to have is long past. It's actually just inflation itself. I'm sure no one started adding in the 15% to their original selling price to make up the difference. Not knocking the AH itself, I think it makes sense. And the largest concept of economics is 'the market will determine prices', not 'people educated in economic theory will save the market'. Holding true to that, prices are fuggin ridiculous. Why shouldn't they be, though? Even on the RMAH $1 = 4 mil gold. Last time I checked, at least. SO.... there's no point to a gold sink, really. The AUction house itself is already sinking all the AU. Can't blame Blizzard, though. Just working with the system they know. The broken, flawed, pointless, pointless system they know. That some !@#$%^-(s) made up to keep other human beings subjugated. But I suppose anything is justified by the fact that it exists. Not that the ability to fabricate items completely out of nothing and profit from their sale couldn't possibly have been accounted for when economics were being worked out, and therefore completely changes the premise, invalidating the conclusion entirely. That couldn't be why economics are failing globally. The fact that it's an outdated, outmoded concept that can't account for modern technological capability. Some drunk !@#$%^- doubled the price of oil overnight for the entire world, but obviously there's no flaws in the system.
Edited by Kahn#1673 on 1/28/2013 12:11 PM PST