I've had inflation as high as 40%. Bottom line is that if it's going to help you in both the short and long run, inflation is not that bad a thing.
When you play as a dirt poor nation, say an eastern European or asian minor, it may be in your best interest and bit the inflation bullet for a few decades so you can take enough land or vassalise enough powers to become powerfull enough to hold your own.
Although lately I've been finding that taking loans is a better option than massive inflation. If you take a loan to make a huge army when your own income is terrible, beat them down and demand peace on 1st Jan, you can often punch enough money out of their treasury to cover your loans, so there's no real financial loss or long-term inflation for you, plus your loan-taking allowed you to take some land/vassalise/weaken your enemy.
There's a surprising amount of choice in how to deal with EU3 economy.
When you play as a dirt poor nation, say an eastern European or asian minor, it may be in your best interest and bit the inflation bullet for a few decades so you can take enough land or vassalise enough powers to become powerfull enough to hold your own.
Although lately I've been finding that taking loans is a better option than massive inflation. If you take a loan to make a huge army when your own income is terrible, beat them down and demand peace on 1st Jan, you can often punch enough money out of their treasury to cover your loans, so there's no real financial loss or long-term inflation for you, plus your loan-taking allowed you to take some land/vassalise/weaken your enemy.
There's a surprising amount of choice in how to deal with EU3 economy.