eh... No. It impacts the economy by letting you farm things you can't solo normally like 5man hcs..etc
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And that is destroying economy how?Lmao.few shards will hardly "destroy" the economy!I know,i run 5 man MB team.Has no impact,you would have to run instance 50 hours non stop,not to mention other people iwll down price you for same items.
When the multibox vote pool was up some multibox hater were searching desperately for arguments against multiboxing and somebody came up with this "multiboxer ruin the economy" nonsense and since this day ppl copy this dumb argument.
Infact a multiboxer has hardly any effect on the economy because like u said, he cant loot a herb or a ore 5 times nor are multiboxer able to solo ICC bosses for primos and highly paid BoEs like http://wotlk.openwow.com/item=50182 .
A multiboxer is able to make daily quests with a 5 man party but everybody who understands the economy knows that daily quests are not very rewarding compared to other methods to make gold.
A PvE guild, that is offering ICC boost service for gold and is storing Primos and BoE loots in their guild vault, has a much bigger influence on the economy.