Rock_hard_yo
Sellesion
I think you have a very good point.
The problem is, that there are thousands of Gaians with different kinds of views,
so unfortunately, the likelihood of us standing up and refusing to pay these inflated prices, hording our gold, and trying to turn the economy around ourselves, is very low.
Like others have said, it doesn't help that many are feeling the pressure of a prisoners dilemma.
If everybody refused to participate, it'd be fine.
But the chance of enough people participating to put one at an economic disadvantage encourages folk that are otherwise uninterested to buy in on the action. I've heard plenty of folk say that they purchased Flynn's Booty because "they didn't want to get left behind when the inflation hit", ironically becoming part of the problem they feared.
It's classic game theory, man.
Oh I'm aware of that.
I felt pressures myself, and regrettably, bought an item from one of their stupid La Victore flash Sales. Because it was an item I loved, and it's SO expensive now, especially after the inflation, that I felt like if I didn't buy it with cash, I would never get it without selling off my inventory/items that I love.
It puts a person in a tough position ultimately.
Because like you said, people don't want to be left behind, and feeling like they'll never afford anything- so they buy into it, trying to avoid it.
The type of economy that Gaia is fueling right now is not a good one, and it makes it so that the users become a part of the problem. Over all, I do blame the Gaia Admins, but the OP here does also have a point. If all the users decided to not buy Gaia Cash anymore, and horde all the gold, and not pay expensive prices, then things would eventually change. But that's not going to happen because of all the various view points on the situation, and the fact that most wealthy elitist people want to stay that way.
Personally, though my account worth is relatively high, I don't care about being one of those wealthy elitist types, and I use a lot of my gold to Anon People during events and take care of the guild I'm in.
Things have reached a point here on Gaia, that I've personally decided not to spend any more real money on the site until things change; partially because of the guilt I had after buying that item. You shouldn't feel bad for buying something you really want. But I did, and that's not a good sign.