As mentioned before, the current state of the economy may be beneficial to some (new) players, who can purchase items, shinies, (non perfect) comps and RP more easily.
However, especially the old players who collected a lot of (genderless and HP) comps, shinies, vanity... over the years, have experienced a hughe decline in their wealth.
A lot of hard work and dedication has gone down the drain, especially with the recent changes in breeding - not implying the update was all bad.
Shinies are a very important aspect of the game (not for everyone of course) as they represent a symbol of achievement, attention and wealth.
Too many shinies are now in circulation and they are no longer as special as they used to be.
From around 90 shiny listings to close to over 400 shinies in one year is hughe.
A lot of rare shinies (mr mime, jynx, kanga, skitty, relicanth, farfetch...) are no longer desired.
The rarity of a shiny no longer means that the shiny is worth a decent amount. A trader nowadays, must accept a loss of 50-70% in order to sell it.
On a daily basis, shinies that are worth 200m+ are found by the wave of new players. Some of those shinies have not been found in months/years.
Slowly the super rare and desired shinies are also losing in significance.
The demand is simply no as high anymore and shinies (some faster then others) lose that symbol of achievement, attention and wealth.
It's hard to imagine how many shinies would be in circulation, if shiny breeding wouldn't exist. That was one solid attempt to lower the amount of shinies which exist in MMO.
In my opinion, a fair way to prevent more shiny dumping is to put a ribbon on each caught OT shiny from now on.
This ribbon would act similar to a "gift ribbon". However, the player has the oppertunity to get rid of the ribbon, if he manages to complete all the regions.
At least it would give unexpirenced players time to inform themselves of the actual value, rather then linking it in chat and getting confronted by numerous players (I am no saint myself).
Less shinies would be listed in GTL overtime (unless another wave joins MMO) as the player is forced to finish all regions before being able to trade/list it.
Just a random info, but for the first time, MMO will experience the 100,000th GTL listing.
The amount of GTL listings gives a very rough idea of the growth, of the playerbase.