I accept that rebalancing of loot must be done, and I realise that a simple 'wipe' is the easiest way, but I wonder about the short-term effect:
There are few new players, and there will not be until the game is relaunched, so there is little demand for low level items. On relaunch we can expect a flood of new people.
Many mid to high level players are not playing at the moment: Hunters are waiting for the mob rebalancing; UG Miners are waiting for the 'extractor bug' to be fixed; Pet trainers are waiting for Pets to be re-introduced, so there is little demand for mid to high level armour, weapons or mining gear. Once these people return to the game demand will begin to rise.
Consequently our stockpiled resources are sitting in storage, waiting for crafting orders. (It is expensive to craft items just for stock).
Wiping all looted resources will mean that rebalancing can be done but, until the skilled Hunters come back, there will be little chance to build up stocks of the less common and rare items.
Could this mean that there will be a long gap before supply will be able to meet Crafters' need for resources?
Scarcity will drive up some loot prices, whereas ore and mineral prices will probably stay the same or even drop while there's less demand.
Presumably this will push up Market prices for finished goods.
I know that everything will settle down given time, but I do wonder what I'm going to do for a few months after the wipe: ... time to go hunting again