How do I lower inflation? What is meaking it go up? I have level 5 in infrastucture and trade.
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1. Upgrade Mayors to Guvernors.
2. Don't take out your monthly income as cash. Plow it into investments insteady.
/Greven
The way to win is to invest all your revenue into research etc. and keep inflation at zero. Hold the mouse over the bottom slider to see how much inflation you will incur this year.
Take loans in preference to expending revenue-
1. research is not compromised
2. inflation doesn't increase
You may go broke a few times before you build an effective country - but hey, that's what actually happened.
Take loans in preference to expending revenue-
1. research is not compromised
2. inflation doesn't increase
You may go broke a few times before you build an effective country - but hey, that's what actually happened.
Reactiving a very old tread...
AI does exactly the contrary: first problem.
second, I don't understand the logic here: after all, loan is cash injected in economics and then should have the same effect than monthly income spared to cash, ie raising inflation. Who can explain?
Hello Laurent,
Back in the times of EU banks could only lend what other people had put in as savings. So a loan back then would not represent any new money and not create extra inflation.
Maybe it should be different for a foreign loan (and for goldmining ofcourse, but I think that is already modelled into the game).
I agree with the AI lack of inflation management; on the other hand, between 0.5% and 1.0% yearly inflation doesn't sound real bad (although I usually try to keep it below 0.2%).
greetings, Oranje
I am pretty sure loans strap some extra total inflation (not inflation rate) on your country while you have them.
Though I could be wrong.
[This message has been edited by driedcow (edited 18-12-2000).]
Though I could be wrong.
[This message has been edited by driedcow (edited 18-12-2000).]
With Turkey, I took about 10 200 loans since the beginning of the game. I'm in 1600 and my inflation rate is 13%. So even if loan creates some inflation, they remain much more advantageous on this topic than sparing monthly income.
AI definitly seems to refuse to take loans and so suffers from inflation and is generally unable to raise a large army when an human player attacks because it lacks troops. A better balance between loans and inflation politics by the AI could possibly result inmore difficult games in single mode.
'on the other hand, between 0.5% and 1.0% yearly inflation doesn't sound real bad (although I usually try to keep it below 0.2%).
'
I haven't tried this in the game yet (so it migh be really bad
but in the EU boardgame deliberatly creating inflation could be beneficial to Spain.
By extracting as much gold as possible inflation would skyrocket, dragging other countries inflation up too. Even if this lead to Spain loosing a lot of money it would hurt basically every other country far more (since they didn't get the substancial inflow of gold from over sees but still get higher infaltion).
If someone has any experience with this, please tell me if it works
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/ Stefan Huszics
'
I haven't tried this in the game yet (so it migh be really bad
but in the EU boardgame deliberatly creating inflation could be beneficial to Spain.By extracting as much gold as possible inflation would skyrocket, dragging other countries inflation up too. Even if this lead to Spain loosing a lot of money it would hurt basically every other country far more (since they didn't get the substancial inflow of gold from over sees but still get higher infaltion).
If someone has any experience with this, please tell me if it works
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/ Stefan Huszics
Huszics,
Inflation affects only your own nation in the CG, so in other words - keep it down.
Maurice,
Loans increase inflation (not by much, but they do). In addition you pay something like 50d interest (or more) during the 5 year period you have the loan.
I never take loans unless I absolutely have to, and have no trouble in keeping down my inflation rates. But in general, if you have to, taking loans is better than raising monthly income (though you'll have to do that as well, to cover the interests).
Keep you stability at +3, since this provides a substantial income bonus.
In my experience, getting the extra gold from gold mines is worth far more than the small increase in inflation that goes with it. Just make sure to build the colony to a city as fast as possible.
In general, prioritize money into your infrastructure and trade levels, since these increase your income. Also make sure NOT to research both at once - always one or the other (since the sooner you get the level in infrastructure = greater income), the sooner you are able to research your trade level to match. Which of the two you prioritize should depend on your income profile.
Inflation affects only your own nation in the CG, so in other words - keep it down.
Maurice,
Loans increase inflation (not by much, but they do). In addition you pay something like 50d interest (or more) during the 5 year period you have the loan.
I never take loans unless I absolutely have to, and have no trouble in keeping down my inflation rates. But in general, if you have to, taking loans is better than raising monthly income (though you'll have to do that as well, to cover the interests).
Keep you stability at +3, since this provides a substantial income bonus.
In my experience, getting the extra gold from gold mines is worth far more than the small increase in inflation that goes with it. Just make sure to build the colony to a city as fast as possible.
In general, prioritize money into your infrastructure and trade levels, since these increase your income. Also make sure NOT to research both at once - always one or the other (since the sooner you get the level in infrastructure = greater income), the sooner you are able to research your trade level to match. Which of the two you prioritize should depend on your income profile.
'Inflation affects only your own nation in the CG...'
Are you totally shure of this?
Have a vague recollection of reading in the manual of nearby countries beeing affected too.
However, considering the generally loose description of the game engine in the manual, it might not be correct.
------------------
/ Stefan Huszics
Are you totally shure of this?
Have a vague recollection of reading in the manual of nearby countries beeing affected too.
However, considering the generally loose description of the game engine in the manual, it might not be correct.
------------------
/ Stefan Huszics
I noticed that you seem to be researching the same 'technology' discovery. How does this work? The first of the 2 you discover gives you the technology; do you need to research the infrastructure one first, then the trade; do you get any benefits until you discover both?
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'Also make sure NOT to research both at once - always one or the other (since the sooner you get the level in infrastructure = greater income), the sooner you are able to research your trade level to match. Which of the two you prioritize should depend on your income profile.'
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I do this too. But I'm wondering if it might not be more efficient to spend equal amounts of money on all research areas all the time, than to rotate all the money into one one research area at a time, completing a level, and then move on with all the money to the next.
Maybe, like the tortoise, slow and steady, will beat the quick rabbit.
Anybody know?
'Also make sure NOT to research both at once - always one or the other (since the sooner you get the level in infrastructure = greater income), the sooner you are able to research your trade level to match. Which of the two you prioritize should depend on your income profile.'
===================================================
I do this too. But I'm wondering if it might not be more efficient to spend equal amounts of money on all research areas all the time, than to rotate all the money into one one research area at a time, completing a level, and then move on with all the money to the next.
Maybe, like the tortoise, slow and steady, will beat the quick rabbit.
Anybody know?