Ok, let me explain it:
First, we need to know that the amount of gil IGE has is considered "outside" the money circulation because they don't purchase items with it.
We must also note that the prices of items reflect the ratio between the total amount of money and the total amount of items in the market.
IGE gets their fund from 2 sources:
1. From PCs: the gilsellers farm items, rare NM drops, etc and sell them to PCs for money. In this case, they're taking the players' money (which is inside the circulation) and put it into their bank (which is outside the circulation). As a result, less money is being circulated in the market, thus reducing the inflation (or causing deflation).
2. From NPCs: the gilsellers farm items and sell them to NPCs for money. Example: the 24/24 fishermen who fish up countless amount of rusty caps, which are handed to the gilseller-crafters (like Lloo in Bastok who has Smithing in the 80s) to make padded cap/strong cap which are then sold to NPCs for money (not as good as rusty-fishing pre-nerf but still decent). This generates a very large amount of money. This money, however, is still in IGE's bank and outside of the market.
Imagine that there is a total of 100mil being circulated in the market. When a person buys 5 millions gil, that 5 millions goes from IGE's bank to the market. The market now has 105 millions gil in the flow, and since the amount of items available in the market remains the same right before and after the purchase, items' prices rise 5%.
Sethala said:
If the gilsellers got it from players, then they took that gil out of the economy before he brought it back in, so there's no change.
That only applies to source(1), there is also source(2) to consider. Besides, if he didn't bring the money back in, there would be deflation, which is good for the economy right now. The gilsellers are generating money at a faster rate than generating items. An average player cannot bring in that much money.
Sethala said:
I don't consider buying gil to be "cheating"
You got things reversed. Stealing is stealing, MPKing is MPKing, they're not called "cheating". Gilbuying is cheating, just like how you pay others to do your Math homeworks.
Sethala said:
I would rather party with a good player that just happens to get gil from IGE as opposed to farming than someone who doesn't have any gil
I wouldn't party with either of them. But if I'm forced to choose one, I would choose the gimped person.
I prefer honest people, sorry.
PS. Nobody is witchhunting in this thread, we're discussing.