Reroll Govinda then. Our server is pretty much overflowing with diamonds and gold right now. Just about everything sells after our 3 month depression.
There are phases of good economy, and there are phases of bad economy. I don't really see anything wrong with it, every economy goes through these cycles, and I don't think monsters dropping gold will change that.
If we had monsters drop gold, we'd probably get inflation and it would be no easier for people to get geared anyway. You'll have people using it as an excuse to raise prices of everything (which will then cause everyone else to raise prices in response). And of course, in the long term, increased gold -> more inflation, like a slower version of gold sellers introducing mass amounts of gold onto the market.
But I'll leave the rest to Sir Ebil, our Buisiness/Economy expert on the forums