Inflation

[PSYCHO V]

The year is 1530 and all monthly income is invested into research. I'm playing Portugal, have annexed the Aztecs, Incas, own all of South America with fully developed trade centres and numerous city states...and have begun developing the East Indies..but a problem. I think maybe too much Gold !
arrrr...now I know that 46% inflation is not a good thing ! ..but what's the best way to combat it ..or at least keep it under raps.
Help please anyone!?

Cheers

 

[unmerged(480)]

In the early game you can only control the rate at which inflation increases,you can do this by:-

a) Not taking loans
b) Keep monthly income at zero

Later on when you have the requisite tech level you can build governours? (Buergermeister,the 3rd town upgrade)which will actually decrease inflation for each one built.

Lastly you can only hope to get a random event which decreases inflation


Blackhawk

 

[PSYCHO V]

Ta BlackHawk. I guess I'll have to wait for that tech level.
I only have historical events on..does that mean I can't get that random event thing ?

Cheers

 

[unmerged(1648)]

Yeah, I got the same problem, annexed aztec and incas by year 8. Last time I counted I have 11 gold producing provinces, producing over 1000D/yr. Haven't drawn on my monthly income for over 20 years. Still get about half percent inflation every year. Governors are great for that quick fix, but am running out of provinces to build them in. Just in case you don't kown, you can build governor in any old city, don't need to have judges first. I don't know if this is true, but gold inflation might be reduced if you can boost your other non-inflationary incomes, like production, tax and trades, so the income from gold only counts as a small percentage. Then again, it's pretty difficult to reduce 1000+D/yr to a small percentage of your total income. Going bankrupt is no longer an option. I always thought they should put in some sort of active inflation control. When you give gift, paying war reparation, repay loan, you are taking money out of circulation, so shouldn't that reduces your inflation. They can always make it so, when you get reparation you also increase inflation(kind of like a sugar coated cynide bullet).

 

[Dark Knight]

If you're playing without random events, then you can't get the -33% inflation event (which is very rare anyway). Since you're getting so much money from gold mines, you could try boosting your infrastructure investment so that you reach level 5 faster. Once you're at level 5, just keep promoting mayors until inflation reaches 0.

 

[unmerged(2278)]

When I upgrade to governors does that only give a temporary decrease in inflation or do they also work by reducing the increase of inflation in the long run?

 

[BiB]

A one time 1% decrease.

 

[unmerged(1457)]

...but the effects are permanent. Inflation in EU is just the percentage price increase since 1492. Simple.

 

[unmerged(372)]

So, it is not really "inflation", but the price level (with some obvious inconsistencies, of course).

 

[unmerged(1457)]

The effects of Gold on Inflation seem to me to diminish substantially at Infrastructure level 6. As Spain, it's probably a good idea to put all research into Infrastructure early on - in my game I made level 5 by the 1520s.