Inflation

[Ilhador]

Hello,

No matter what i do my inflation always explode because i have to mint a lot to pay the bills. I try to change the research sliders but i can't do that without the treasure slider mint even more. Am I losing some kind of game mechanic here?

 

[Flammehav]

Pick a country with high taxes(like France f.eks) as tax is the only thing that gives you money without minting, and build production buildings to increase direct income.
Keep the army small and on low maintence when not at war. After a big war you might even have to disband some of your troops. Do not go over the support limit unless absolutly neccesary and even then only for a short time.
Think about wheter an advisor is really worth it or not before hireing them.
Missionaries will almost always be worth it, but make sure to not have to many colonies running.
You don't have to build everything as soon as it becomes available and you have the magistrates for it. While some buildings might be worth minting for, that doesn't go for all and not for all of the time(differnt countries, different tactics)
Get national bank, a master of mint and/or move towards centralisation to reduce inflation

 

[Kaazmodan]

I would help a lot, if you say which country(/-ies) you are playing with, and what you spend your money on.

Although, generally speaking, minting is often required if an army too large is being kept, or if it is being paid upkeep during peacetime. Another thing is, if you spend too much money on buildings, that might not be needed now. Or for example, in my current game, Portugal is caught in a bankrupcy circle, because they are maintaining more colonies than they can afford.

 

[afb]

Lots of good advice above.

A good rule of thumb is to only construct building, train new armies, etc. in december. That's the time of year where you've got the least cash, so if you can afford it then, you're probably ok.

Also, it appears you're having trouble adjusting the sliders without the minting one moving? You can lock - and unlock - a slider by right clicking on it.

 

[Nunn45]

I try my best to keep my Military as small as possible to reduce Costs and Maintain a Master of the Mint and National bank.
Works well in Single player were you can affoard to do so.

 

[knul]

Another bit of advice: increae your income through trade. With more income you have less need for minting. Getting National Trade Policy is usually the first step in establishing good trade income.

 

[unmerged(204522)]

switch off inflation in the pre-game options menu.

 

[glen55]

We need more info. What country are you playing? What year is it? What are you spending all your money on?

For most countries in most periods, it's possible to live within your means and not cause inflation. We can't give you any advice unless we know for a starter why that is not happening.

 

[Ilhador]

Thanks everyone for the help.

Actually my biggest concern was about the mechanics itself, on how I can't have a positive income without the treasure slider cause a lots of inflation and how I can't reduce the tech sliders without the same treasure slider hurts my economy.

 

[glen55]

Most countries get zero treasury income with zero inflation. Some countries are worse and get negative income if inflation is zero.

Basically, you can't use that slider to get your income unless you are prepared to deal with inflation. When you get a Master of the Mint advisor and/or the National Bank idea, they will allow you to set the slider to have positive income without inflation. Until that time, learn to live on your yearly income. If you're not certain, then take the advice to only purchase in December. Some countries have trouble making even modest expenditures early in the game without inflation.

 

[jdrou]

Actually my biggest concern was about the mechanics itself, on how I can't have a positive income without the treasure slider cause a lots of inflation

Depends on the country. Very small countries are very difficult to do anything with without minting but larger countries can usually live off their yearly census tax.
In theory even the smallest country could avoid minting if they had no army and no advisors. If they got a bad event they might need to take a loan instead though which is generally worse than minting.

and how I can't reduce the tech sliders without the same treasure slider hurts my economy.

Why would you want to reduce the tech sliders? The only reason to reduce tech investment is to get cash from minting.

 

[unmerged(528742)]

inflation is a really problem i need most time money and must make inflation more then later it is very difficult to push it back

 

[jdrou]

inflation is a really problem i need most time money and must make inflation more then later it is very difficult to push it back

What version of the game do you have? If HttT or earlier you should be able to build Tax Assessors eventually which will reduce it pretty quickly along with the National Bank idea. In HttT and later it's fairly easy to get a high-skill Master of Mint advisor and also centralization reduces inflation.

 

[Ilhador]

Why would you want to reduce the tech sliders? The only reason to reduce tech investment is to get cash from minting.

To reduce my deficit, when I set the minting at 0 my income always goes red.

 

[unmerged(204522)]

your monthly income is supposed to be negative-this deficit is offset by your annual income, which you need to increase by building up your tax base-until annual income is large enough to cover the combined deficit, you need to generate cash income from minting, loans, events and peace treaties.

 

[jdrou]

Another useful source of income for those very small countries is advisors; use your excess magistrates to generate cultural tradition and use that to keep creating new advisors which then generate cash for you when other countries hire them a year later.