The gold squish might create an interesting scenario. Let's assume there's just three things you can do with gold.
1. You can spend it on stuff. The cost at which you acquire the item will not be cut by 50%.
2. You can save/hoard it, only to see it being cut by 50%.
3. You can give some of it away.
Option 1: Spend it on stuff.
Say you have 20k. You spend 10k of your gold on stuff you could resell. The gold squish comes and you lose 5k instead of 10k. In addition, you have 10k in assets that you could potentially resell later.
Option 2: Save/Hoard it/Make as much as possible before squish.
Your position will be 50% less, regardless.
Option 3: Give it away. Giving (in any economy) is a thing of beauty.
You have 500k gold. Five of your guild mates are at 1k gold, trying to save for flying or whatever. They can't afford it. Squish is imminent.
Before the squish happens, you decide give 2x the amount that your friends have. Their gold amount is unaffected by the squish, and you can still take advantage of the squish, just because of your buying power and/or ability to take advantage of AH just days prior to the squish.
You are 50% poorer, but your guild mates are not worse off...
The gold squish is coming whether you like it or not...
What matters is how you react to the squish.