It doesn't matter how expensive things get, loom points will always be of higher value than the majority of the market. I see +1 looms for 700k and +3 looms for 2 mill, and I doubt many of them are ever sold, simply because you can loom something from 0 -> +3 for cheaper.
Therefore, selling loom points will remain beneficial for new players, because they have a better chance at turning 2 gens into a +3 item.
If anything having prices go down will only benefit the wealthy players more, since their money will suddenly be worth more on the market.