Yes, you should try to keep monthly minting low. Try to live of your annual taxation instead and avoid raising inflation too high.
However, esp. during the early game, most countries are poor - and if you want to field a decent sized army, you will have to mint. As a rule of thumb I usually mint for 0.1 inflation during the early game. This way I get some money I can invest into troops and advisors, while my inflation is kept under control. Once I reach ~10% I try to avoid further minting and start counter measures to lower it.
Always try to get master of mind advisors (MoM) and/or national bank NI - both will help to fight inflation while you can still mint some fresh coins. As for me, national bank is usually my first NI - and a high level MoM is one of the best advisors you can get until tax accesors.
The trick with inflation is to evaluate cost vs. usefulness of the money you gain.
There are times were I am minting more than usual. For example, when I get workshops. Workshops are a neat investment during the early game - the earlier I get them, the better. Level 5 and 6 forts are often points were my late game empires start a massive minting spree. These bulwarks are costly but an important part of my defensive combat approach in wars. And when we are at it: Wars are another example for times to mint money. I have fought wars were I had to mint for 0.5 to 1.0 for several years and in some cases piled up 5-10% inflation. But when it comes to your last stand against the armies of mighty france as Holland or when you try to break the neck of Austria to get hold of their precious emporer title and gold provinces, inflation is sometimes a necessary sacrifice to reach your goal...
Don't be afraid of inflation. Once you get tax axcessors, it will be meaningless anyway. Once you reach that tech level you can get rid of 30% inflation within a few decades. The trick is simply to stay alive until you reach it.
However, esp. during the early game, most countries are poor - and if you want to field a decent sized army, you will have to mint. As a rule of thumb I usually mint for 0.1 inflation during the early game. This way I get some money I can invest into troops and advisors, while my inflation is kept under control. Once I reach ~10% I try to avoid further minting and start counter measures to lower it.
Always try to get master of mind advisors (MoM) and/or national bank NI - both will help to fight inflation while you can still mint some fresh coins. As for me, national bank is usually my first NI - and a high level MoM is one of the best advisors you can get until tax accesors.
The trick with inflation is to evaluate cost vs. usefulness of the money you gain.
There are times were I am minting more than usual. For example, when I get workshops. Workshops are a neat investment during the early game - the earlier I get them, the better. Level 5 and 6 forts are often points were my late game empires start a massive minting spree. These bulwarks are costly but an important part of my defensive combat approach in wars. And when we are at it: Wars are another example for times to mint money. I have fought wars were I had to mint for 0.5 to 1.0 for several years and in some cases piled up 5-10% inflation. But when it comes to your last stand against the armies of mighty france as Holland or when you try to break the neck of Austria to get hold of their precious emporer title and gold provinces, inflation is sometimes a necessary sacrifice to reach your goal...
Don't be afraid of inflation. Once you get tax axcessors, it will be meaningless anyway. Once you reach that tech level you can get rid of 30% inflation within a few decades. The trick is simply to stay alive until you reach it.
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