Fix NIs Economy! Here's how we do it

[Freddie]

Hello fellow players of Nord Invasion, 
I have played this game for a few years now, I have seen NIs economy at its best and at its worst of times. In my opinion this is the worst it has been. The drop rates are far too high. We are getting way too much for what we spend.

From my experience Hardened Metal, (our favourite material drop) has had a market of around 5,000g each. In recent times, before the economy update it shot up to 8,000-10,000 gold each. Since this update it has decreased from 8,000-10,000 to 1,800 at its lowest, and averaged at around 4,500g. Now that it has balanced, the market for HM is not too bad. 

The things I see on the Auction Hall, Field Medic Box 300,000g, Swadian Studded Steel Shield, 1,500,000g. Damascus Steel 10,000g!!!. This is crazy. The drop rates on Coal, Basic Mats(Boots,Sticks,Swords) Shade Ore is crazy high. Arrowheads, Glasirs, Lumps, Sulphur and Waters etc is high, it's too high but not that bad. With all these mats increasing in drop rates, crafting has become significantly cheaper.

The worst mat affected is the Small Lump of Lead(by far). From an average of 45,000-55,000 gold each, it has decreased since the update to 10,000-15,000 gold each. This is horrible for an economy.
This is called deflation, now deflation is defined as "reduction of the general level of prices in an economy".
Nord Invasion has experienced high deflation.
To the NI developers, I know you tried to fix the economy after all the suggestions and complaints, but what you did is:
You increased the output gap too much, you increased the supply so much, that there enough demand to cover it.
For this to have successfully worked, was to either:
Increase the drop rate, decrease the gold supply
Increase the gold supply significantly , slightly decrease drop rate



Developers, you have successfully brought the game back to life, with this update. Now it's time to fix it.

For this to work I need your help and your support.
I also need your feedback, do you think it is fine now?

Here's my solution:
1.Clear the Auction Hall of everything or get someone to buy everything
2.Have 5 or so people, strategically place items on the Auction Hall , to get the new and stable economy started
3. To keep it stable, put selling prices on the Market Place, on the materials, for example Hardened Metal at 3,750 gold each, or Lumps at 35,000 each. This means 90% of the time, these prices will be the lowest the good will see on the Auction Hall.
4. Decrease the drop rate of materials(certain ones) or decrease the gold supply/gold dropped.
5.Have a developer to watch the Economy so there is minimum chance of high inflation or deflation.
6.????

Note this is still on progress, please give feedback.