Actually, the article title is technically incorrect, since this activity was actually an ISK sink, due to the use of ISK in part of buying items from the LP store (which removes ISK from the game). The trillions they made was from other players, not from ISK faucets like NPC bounties. What they generated lots of was the highly valuable items which were then sold to other players. So it would have a deflationary effect instead of inflation.
By recycling LP into LP, they actually decreased the effect of the ISK sink (LP store). This means that ISK that should have been removed according to the intent of the design were not.
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Actually, the article title is technically incorrect, since this activity was actually an ISK sink, due to the use of ISK in part of buying items from the LP store (which removes ISK from the game). The trillions they made was from other players, not from ISK faucets like NPC bounties. What they generated lots of was the highly valuable items which were then sold to other players. So it would have a deflationary effect instead of inflation.
By recycling LP into LP, they actually decreased the effect of the ISK sink (LP store). This means that ISK that should have been removed according to the intent of the design were not.