What was the thinking behind the economy?

[Shiyo]

It's s shame. Their crafting and gathering systems were one of two truly unique and marketable aspects of the game (Other being the Armory System)

And yet...they made a game in which neither are implemented with any sort of well thought out applications at all. Both are systems that exude potential depth, but then they went and made everything as straight forward and simplistic as possible

It doesn't make any sense

You forgot to mention that they also made the armory system completely worthless because of myth tome caps and coil lock out timers being character based. You're better off making another character if you want to level another job, like every other MMO ever. They took every unique feature of the game and made it completely useless or extremely weak,a real shame.