We actually don’t know that. From what I’ve heard, they always get sold no matter what. Means, there’s always a buyer. I suspect, the gold is actually generated in order to guarantee that your token is purchased.
Can you see the name of who bought your token? If not, you don’t know if it was bought or the gold was just generated, faking a purchase.
1 Like
Yes, just like GDP does not affect the economy, only the total amount of coins in circulation.
…
I am so glad you’re not responsible for any real world economy or currency. You’d be the death of that nation.
You should educate yourself first about economy, before making silly statements. 
Ahhhh, of course.
You’ve completely convinced me that artifically inflated money circulation has no impact on the economy by telling me that. Thank you very much, I am now much wiser.
/s
Suggesting that tokens have no impact on the economy because it just moves money around is, by far, the most stupid argument I’ve ever heard when it comes to economics. It’s the same kind of argument that leads idiots like Nicolás Maduro to destroy Venezuela by printing Bolivars until they litter the street.
There is difference between printing new money and just moving money from one person to another.
You realized you made stupid statements , now you are making even more stupid statements trying to make yourself look smarter.
It’s exactly what the European Central Bank is doing in the past years to artificially devaluate the Euro in order to boost extra-European exports by being able to offer cheaper prices in other currencies.
It’s working, the Euro lost around 20% of its value since 2013.
People seem to be under the impression that wow tokens ‘print gold’, when the truth is the complete opposite.
Again, we don’t know that. We don’t know if it’s actually generated.
Ah, dont bother. Its hard to explain that to these people. They heard from some ignorant streamer that Blizzard is selling gold and they stick to that.
Blizzard wouldn’t lie to us.
Exactly. Adding more money inflates the amount of gold but does not make things any more expensive in real terms. Everybody’s just got more gold.
When more gold moves around but there is no more of it, that means everything got more expensive. So moving around gold via the token actually does more to hurt the economy than if they literally just sold it to us.
Naturally both of them are bad ideas.
Like they did with mounts in rep boxes?
Very excited to read through a thread full of part time economists
There is no “adding more money”. Its existing gold thats already in circulation changing hands. If i farm 100 Platinum Ore and sell them for gold on AH and take that gold and send it to friend i am not creating inflation or anything. Its same scenario as if my friend farmed Platinum ore and sold it.
I KNOW!!
Read my post. Carefully this time. Tokens don’t cause inflation, but they do cause prices to rise. That’s the problem I’m trying to highlight.
I mean ffs we’re at a point now where buying a single potion costs as much gold as you get from 15 world quests. What is even going on here?!
Gold could be create in theory but in practice does not happens.
The number of buyers and sellers is in equilibrium, is easy to notice it because those times Blizzard some new game or mount in the store the gold token price increase because sudenly there are more people buying with gold so the system increase the price to incentivate people to sell tokens.
When those people start to sell more tokens because it gives more gold the token is again in equilibrium but it do not last long because the increase of buyers is temporal as soon as they stop buyung for the new game or mount the proce in gold drops, to return to the previous values, again in equilibrium.
That is exactly every time there is a new battlenet game mount or anything new in store, it is always the same process and it is usually fast, 1 or 2 days no more.
That didn’t happen because of tokens. It happened because of Mission tables in WOD and Legion that generated gold for no time/effort. Missions tables were equivalent to printing new money.
I think I don’t exactly understand what you are trying to say, but the way it is formulated might mean the exact opposite of your idea. Cheaper European currency compared to foreign currency boosts European exports, not extra-European exports (which would be European imports).
You meaning to tell me that that gold hasn’t dissipated into mounts and repairs and upgrades and reputation and what-not by this point? It’s been 4 years mate.
Convenient excuse though, since the WoW token came out during Warlords. Nobody would ever be able to tell!
You could make million gold a week if u had alts. Didn’t even need to login into a game, just do it with mobile app while in toilet.