Personally, I waited for the lowest prices of raw mats and bought as many as I could. Hell, I mightn't have made a profit back then, but in this very same moment I'm already incurring into profits and by the time the squish happens, I'll have the freedom to support determining prices for certain items. It might not be a place to brag about but I even managed to buy all of the Lichbloom offers a couple weeks ago (no more than 4) and since then the price has only skyrocket.
It's something that if you plan ahead it can lead to huge profits, hope y'all got time and patience to do it.
As for how it affects new players, it really does. Prices are going up because people attempt to trade their gold for other resources, but it's going to finish pretty soon so I don't think there isn't much to discuss about.