Normally, I'm of the opinion that if its not hurting anyone, why change it.
Unfortunately it is hurting other people because there are several reports of people not being able to gather players for high end content because everyone is raiding. again, this is 13x the normal rate. if you think thats appropriate, then idk what to tell you.
I work too. and commute. and right now, I can take a lvl 40, bring them into RWZ on Friday, and by Sunday, have him be lvl 50 with T3-T4 incarnates, and a full build of purples. I mean, i get people want fast progression, but thats a ridiculous rate for the highest level content in the game.
again. let me reiterate the numbers, right now the drop rate paired with the conversion index is 13x the rate of any other content. Not double, Not Quadruple, Not even 10x... its 13x the rate.
Also: Your point about the young economy isn't genuine. During live LOTG+recharge IOs sold for 250-300 million per. right now you can buy them for 10-30 million. I'm sorry if you cant fully slot your character after playing for 4 total hours, but thats not how the progression system is meant to work.