Quote (Blankey @ Nov 6 2022 06:03pm)
it goes up at first because utility increases at first
then as time goes on it is inflationary (value goes down) as more gold chases the same amount or fewer items
gold supply is infinite, whatgold buys is limited
value goes down over time
basic econ101
this ignores gold sinks but is pretty close. Its based on demand and what you can buy with it but it isnt just the start of the expac its every major patch (new titles, mounts, gear, etc). Slowly over time (multiple expacs) gold can lose value but it can also gain value if they add gold sinks and cut raw gold (bfa gold was worth more than legion gold)
A lot of people just started selling or buying wow gold on jsp in shadowlands and it was a pretty unique time. D2r brought a massive amount of people to the website and demand for fg drove its value to almost twice as much as it was just a few months prior. Every game sub was selling stuff at half price because people were so desperate for fg. That has slowly come back down now though so even after the wow hype dies the odds of 4k per mill or 700fg tokens are zero.