Following some advice I've read on another thread, I've now got the question: What level of inflation do you my colleagues find comfortable to play with and does this level of comfort vary for you during the campaign?
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Why doesn't zero count?
Once governors become available I keep inflation at zero.
Before that I keep it as low as possible - usually living off of my yearly income as much as possible - typically taking around 5D / month from the slider.
Once governors become available I keep inflation at zero.
Before that I keep it as low as possible - usually living off of my yearly income as much as possible - typically taking around 5D / month from the slider.
IMHO, I don't think there is an ideal target for inflation which will depend more on the needs of the moment. If you need troops to defend territory then you will have to make sure that you have sufficient funds to buy them. The loss of a war simple to ensure that inflation is 1%-3% lower is simply not worth it normally.
As long as you have things to spend your money on - and let's face it there always will be - you should try to make sure that the annual and monthly income combined are sufficient to make these investments.
The one thing to be a bit careful with is the autosend merchants feature that will just send out merchants with little chance of success or little return for the cost. This is throwing money away - pure and simple - so try to avoid it.
The governor thing allows you to reduce inflation later in the game and I think they are well worth the money.
As long as you have things to spend your money on - and let's face it there always will be - you should try to make sure that the annual and monthly income combined are sufficient to make these investments.
The one thing to be a bit careful with is the autosend merchants feature that will just send out merchants with little chance of success or little return for the cost. This is throwing money away - pure and simple - so try to avoid it.
The governor thing allows you to reduce inflation later in the game and I think they are well worth the money.
Actually, while we're on the subject, can anyone tell me the precise effect of merchants. I mean, I know they reduce inflation by 1% but is this simply a deduction from the inflation figure or are prices reduced by 1%.
To take an example, if your inflation is +100%, would a governer reduce this to +99% or, if prices fall by 1%, would it reduce to +98%?
To take an example, if your inflation is +100%, would a governer reduce this to +99% or, if prices fall by 1%, would it reduce to +98%?
So I take it that hyperinflation in this game - ie double digit isn't the evil it is today?
Binary, how do you defend your realm on 5d per month? I find that saving ducats to build an 80k defence force takes inflation to at least 5% and quickly. Then you need to nudge tech development etc. meaning the odd loan.
Binary, how do you defend your realm on 5d per month? I find that saving ducats to build an 80k defence force takes inflation to at least 5% and quickly. Then you need to nudge tech development etc. meaning the odd loan.
If you are at peace, do not save up - that is, set your treasury slider close to 0 to minimize inflation. Save (as much as possible) your yearly income (the census tax). Takes awhile, but there is rarely any hurry, when you are at peace, not threatened, etc.
Inflation is just going to happen anyway, and you will probably have roughly the same inflation as your AI opponents.
Is it advisable then to let your tech advances - especially trade and infrustructure take 40 years to gain a level without some fiscal policy in the early game?
In the current Prussian campaign, I went straight for the trade tech to try to maximise monthly income and future investment. Level 5 seems to take for ever but you've all the important bonus factors by then and the level simply improves the effectiveness of your merchants. But I'm not sure about the question because higher investment in technology keeps inflation down.
Going back to the inflation question, I wasn't quite clear about the effect of governors (see previous question). I know there is a one off deduction of 1% but is this to cost (100% to 98%) or to the inflation number (100% to 99%). The first is actually a deflation of 0.5%.
Another thing about the effect of inflation. Since it increases the cost of tech levels, does anyone know whether past investment in the tech level increases with inflation. I assume it does and I can do a little research if no-one knows the answer
Going back to the inflation question, I wasn't quite clear about the effect of governors (see previous question). I know there is a one off deduction of 1% but is this to cost (100% to 98%) or to the inflation number (100% to 99%). The first is actually a deflation of 0.5%.
Another thing about the effect of inflation. Since it increases the cost of tech levels, does anyone know whether past investment in the tech level increases with inflation. I assume it does and I can do a little research if no-one knows the answer
Governors will decrease inflation by 1 point. If your inflation is 100% then creating 1 governor in a province will give you an inflation of 99%. (Assuming of course that your inflation isn't increasing at the same time, you don't get the random deflation event, etc...)
Taking only around 5D/month is my peace-time goal. Army and Navy maintainence at minimum and everything else goes to research. I need all that research money - my Austria is HUGE (from Flanders to Danzig, Nice to Albania, inclusive) and research is expensive.
If war is likely or I need more funds before the turn of the year then I will increase that - it's all situational. But all in all I strive to keep inflation manageable in the begining so that I can easily get down to 0% when I'm able to build governors.
In my current GC as Austria my inflation was around 12% before governors and I've kept it at 0% ever since. I've also never taken a loan - that's something I try to avoid unless absolutely necessary.
Taking only around 5D/month is my peace-time goal. Army and Navy maintainence at minimum and everything else goes to research. I need all that research money - my Austria is HUGE (from Flanders to Danzig, Nice to Albania, inclusive) and research is expensive.
If war is likely or I need more funds before the turn of the year then I will increase that - it's all situational. But all in all I strive to keep inflation manageable in the begining so that I can easily get down to 0% when I'm able to build governors.
In my current GC as Austria my inflation was around 12% before governors and I've kept it at 0% ever since. I've also never taken a loan - that's something I try to avoid unless absolutely necessary.
I usually try to keep my inflation around 33%, I hate to see a good random event wasting 