ya i know your saying that gold will be devalued, and you posted thatthis would destabalize the ecenomy? Ok i understand how it might make gold less, but i dont see how it would cause the ecenomy to et destabized... if anything it would set a floor for the prices, and we would have like 15 DSM's selling for 20 mills each instead of 8...
I dunno maybe im just no getting it like you say, then again i often think you dont understand what im trying to say too...
It's simple really. Do a google search on inflation and its impact on economic growth, and you will see the consensus among economists that economic growth is better achieved through a monetary policy that seeks to keep inflation low. Your program will essentially create LOTS of gold. Think of it in this way. If the US Treasury all of a sudden decided to print enough currency that it doubled to tripled the current amount in circulation, that would be beyond disastrous for our economy. That is how it will destabilize the economy.
You say this would be combined with a gold sink, so the gold would simply disappear again. The truth is, not all of the gold will disappear. You can't force sinks onto people, and my guess is participation in the sinks won't be all that high. People might think everyone else will do the gold sinks, so they will hold onto thiers, in the hopes of having more gold then the next guy. Well, what happens is a lot of people think this, so most people will just hold onto the gold. Sure, they might dabble some here and there, but I can guarantee it won't reduce nearly as much gold as you think.
For argument's sake, let's just say that the gold sink fully works, and all of the gold that was introduced by the store is made gone through the gold sinks. This will basically eliminate any market for rares, as people won't have much gold, and will not be willing to pay an amount greater then what the store offers, which is what would be necessary in order to buy an item from someone.
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