1. It's called economy - yes, it's messed like hell, but it's still an economy. besides, who's to set max-prizes, and how? Limit tables and safetrade? Have NPCs follow players and beat the living crap out of them when they trade something for the wrong price?
2. The result would be the electric... sorry, concidering the GK-timeframe, it would be the wooden chair with a large hammer for those a ruler does not like, or heard that they did things to members he might not even have done, and so on...
In short...
1. No
2. No
