Nerfing itself is not bad. But it seems that TW couldn't understand this is not a MMORPGlike game.
Main contents of bannerlord is single play campaign and you can choose difficulty and use those so many mods.
So meaning of balancing in this game is supporting game system. Economy, environment, battle, and etc. But balancing on bannerlord is ruining those system.
For example, price of high tier armor and weapons. Perhaps TW thought getting high tier equipments too early would make game loose. But it is stupid idea. Player who want to easy battle just lower their difficulty. Players who want to get high tier equipment in early stage just use cheatmod. Now those stupidly expensive equipments are ruining game's economic system. You can easily earn huge amount of money with crafted weapons. Your high tier soldiers wearing a castle, even you pay them just 20 denar each a day. WTF?
Nerfing on workshop and caravan just ruining gameplay experience playing as a merchant. After 1.3 update bannerlord makes you a horse fxxker. Because only merchandise you can make profit is horses. In next update, you may can't make profit with horses cuz I said it here.