The previous state of the GE Literally caused multiple cases of bug abuse, Some of which Could have entirely fucked the eco altogether, we're talking hundreds of billions making its way in-game through illegitimate methods. And that's only the tip of the iceberg, Had some of the staff not found these bugs by checking logs, or players not reported them, We would not have the slightest clue they existed. And still, There could have been 10x the amount that has gone on and been abused behind our backs. It's better the eco takes a hit, And the fact you have stockpiled up to 200k diamonds from doing nothing just further proves the point as to how fucked the GE truly was.
Nobody needs 200k diamonds, Or 200k dragon bones etc, It's demand VS Supply, And as the supply is 10x the demand, item price will soon drop drastically. Sure some items will need to be added overtime (Like the cannonballs) But this is truely the best way forward in terms of having an economy thats more profitable for everyone involved, and relieves the risk of having your cash removed just because one player abused a bug and bought your items.