you know, I was thinking about this in my head all day and I came to a conclusion.
Jinx, I respect your position, but it's wrong. Pirates don't have artifical limits placed on them (Server rules or your notions of de-inflating the money). IRL they attack a ship, take as much cargo they can carry, all the coins they can find, destroy the the mast/sails/engines and if the crew is lucky they are killed. if not they are taken as slaves or just...left to drift and die of dehydration.
Pirates are too nice (as per server rules and the fact that this is a GAME) but there shouldn't be a "you can't tax too much" (with the exception of terrorist demands) philosophy.