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When Wallachia accepted the White Peace, did they have massive armies? Was there anything to stop you going in and making them a vassal.
It's a shame there's not a "Issue new Coinage and price control" event that removes all inflation. Had Venice ever had that level of inflation, they would have done so.
Now just relax, build up your forces. it would be good to have more troops under arms than either one of your vassals. Hope the Turks ignore Tripolitania or you will have those north african armies heading your way.
It's a shame there's not a "Issue new Coinage and price control" event that removes all inflation. Had Venice ever had that level of inflation, they would have done so.
Now just relax, build up your forces. it would be good to have more troops under arms than either one of your vassals. Hope the Turks ignore Tripolitania or you will have those north african armies heading your way.
EU inflation and modern inflation are totally different things. Modern inflation is the general increase in the price level every year. Inflation of the sort Storey has here is too low by modern standards. 50% over a couple of centuries, is 0.25% in the modern use of the term.
EU inflation is better thought of as a measure of economic inefficiency, rather than price levels. You have to pay 50% more, not because the general price level is 50% higher, but because you are inefficient at getting the things you want done.
Research costs 50% more, because your researchers are taking 6 hours for lunch, not because the general wage and price level is 50% higher. Building ships costs 50% more because every shipwright insists on having two assistants that hammer ineffectually away while he is on his 6 hour lunch break. Running armies costs 50% more because every soldier has to have a servant to carry his finely engraved breastplate for him. Your governors do not spend their time controlling the price of cheese, they sack the unproductive assistants, kick the researchers out of the cafes after 5 hours of lunch and force everyone to work on St Margarette's Day. (Even the governors take St Mark's day off)
Productivity is the modern concept that best fits, except it is the other way round. 50% inflation means that those countries with well managed economies are now 50% more productive than Venice.
No Arch meade that isn't how inflation worked back then. Generally speaking prices were pegged. Food cost more in years of shorage and less in years of surplus. Inflation was a result of debased coinage.
EU has trade and productive efficiencies, so inflation has nothing to do with them.
EU has trade and productive efficiencies, so inflation has nothing to do with them.
That peace was very reasonable, now Alexandria should be easier to defend. And who knows what Bosnia might be capable of with 2 provinces?! 
Are the Mamluks the next threat/target?
Are the Mamluks the next threat/target?
You have it completely back to front. Debasing the currency makes it CHEAPER for the state to pay its employees.
The Venetians put 50% less silver into their coins. They still pay their soldiers the same number of coins per month (when they bother to pay them at all) but it is now costing them 50% less silver. Rather than being heavily restricted by the heavy cost of soldiers, a debased currency would make Storey able to employ twice as many of them for the same amount of silver.
EU inflation makes it more expensive to pay soldiers, but debasing the currency makes it cheaper. If anything a currency debasement effect is modelled by a slider move from towards serfdom, which makes it cheaper to employ soldiers.
EU inflation can also be thought of in terms of how people respect your coin of the realm. It cost 50% more because everybody knows you will mint everytime you get in trouble and therefore a lot less people will take your coin and insist on more stable currency. Regarding debasing, that should be represented in game terms, cool idea.
You actually made a sensible decision and got an advantageous peace before your hubris led you off a cliff?!? This is possibly more than my mind can handle tonight!
Nice to see Bosnia get its due and enjoy your prime desert real estate. Cornering the market in sandy wastes?
Nice to see Bosnia get its due and enjoy your prime desert real estate. Cornering the market in sandy wastes?
Your budding empire is actually looking rather nice right now. The addition of Cyrenaica and Quattara may not make good sense in terms of money, manpower and so forth but they do certainly make your African possessions look good and much more secure too I bet now that the Ottomans aren't hanging around next to Alexandria. That inflation must be irritating, if I remember rightly, you typically use to avoid inflation like the plague. Unfortunately, like the plague, it sometimes just can't be avoided
Enewald said:
Please don’t temp me.
Unless something extraordinary happens I’m keeping my hands of Europe, at least for now.Qorten said:
That was my plan but something keeps popping up and I’m going to have to deal with it (as in taking a big hammer and pounding in down into the dirt where it will not rise up and bother me again) before taking on the Turk.
Chief Ragusa said:
Austria a few months before made a vassal of Wallachia in their peace agreement. I don’t know if I captured their province if I could then make them my vassal? I haven’t had to opportunity to try it in FTG. (And to lazy to read the manual) I’m happy if Austria controls them.
Chief Ragusa, The Arch Mede, matt12th
On inflation. I like the idea regarding debasing. You would have to be in a precarious situation to go that route so the game would have to be severe in the repercussions of doing it and I don’t mean just a -6 stability hit and a year of low morale for your army. It would have to be such that the player would not want to do it unless forced to. Tech investment loses? Extended low morale 5-10 years or more? A relations penalty with neighbors? If you have a neighbor with bad relations with you would this be a time for them to automatically DOW you to take advantage of you situation?
Stuyvesant said:
I took pleasure making sure that Bosnia expanded.
Especially with a province bordering their country. Maybe they can hang on to it. (yea right) I have a feeling I will be able to build a sandbox of extraordinary size before this is over.I keep trying but I keep getting interrupted as you will see.blsteen said:
Duke of Wellington said:
I agree the rational thing might not to take provinces in Africa (at least in the beginning of this campaign) but it’s the only way I know to get the Ottomans out of there and it's where the opportunity arose. I’ve always used the rule of thumb that when my inflation reached 20% I would do everything I could to stop and lower it. So yes this is very high inflation for me but I’m finding it more as you say irritating than a serious problem. But I don’t see a way around it going higher so we’ll have to wait and see how high it can go before becoming a real obstacle.
Joe
Good idea...I'd suggest it being something on the order of loss of tax collectors, governors, etc. improvements...as the financial toll on such things would be massive.
Still just looking around and I see that Austria is still at war with the Ottomans. I didn’t pay attention when I made peace with the Ottomans and assumed that I was the leader of the alliance but it wasn’t so. Good luck Austria especially since I don’t think they and the Ottomans can get to each other.
February 1603 and Austria decided to cut its losses and gave the Ottomans 42 ducats for peace.
July and I reach land tech 16. I’m two levels behind the Ottomans.
So far my inflation is not putting me too far behind the Ottomans. Maybe because they must be minting quite a lot cash to pay for all the wars they are constantly involved in.
Austria just can’t stand peace. All right everyone let’s get on the merry-go-round…again
I’m too busy trying to recover from the last war to exert any energy in this one.
It starts off much the same as the other Transylvania wars with much marching and countermarching until it looks like no one knows where the front it. Mantua and Bosnia don’t waste any time in marching to war.
Bosnia is so involved in the war that they have no one to keep the peasants in line at home so I decide to do something about it.
I didn’t give Serbia to Bosnia just to see it revolt away so away we go.
Imagine my surprise when I got there and won the battle!
Things aren’t looking too good for Austria in the early part of the war.
At least Bosnia is besieging Ansbach.
I find this all a great waste of energy and even though I have a -9 peace resolution score with Transylvania I offer nothing more than a handshake and they agree. Since I’m the leader of the alliance everyone is once again at peace. Don’t know why Transylvania didn’t want to continue the fight but I’m not complaining.
The Ottomans are still in a couple of wars and one of them it against Moldavia so they have been moving quite a few men into and out of the Balkans.
I went with compromise with Rome.
I don’t want to do anything that hurts my relationship with my good buddy Austria or my stability. So I went the safe route.
1606 September and naval tech level reaches 13.
I’ve been trying to rebuild my military since the end of the war but all it takes is recruiting one Infantry, one Cavalry and one Galley (Approximately 80 ducats) per year to eat up most of my spare cash. Still a few more years at peace and I’ll be ready for the next go around with the Turk.
I didn’t want to but I had to go with accept. Losing stability points right now is not a good idea. I don’t have a CB on the Ottomans so it is going to cost me 2 stability points if I end up declaring war. I suppose I could hope that Austria declares war for me but if the don’t then...it will be up to me.
The Ottomans aren’t giving me an opportunity like the last time. I think I can win even if they don’t abandon the Balkans but I’m not in a rush so let’s wait.
Okay enough is enough.
I don’t want to get involved in this war but I’m getting tired of every five years having this happen so its time to take the gloves off. It’s bare knuckle time and my fist has a date with Transylvania's chin.
The only countries I can reach are Transylvania and the Order of Saint John on Rhodes. So I send a fleet to see if Rhodes is heavily guarded or not.
It was quite a surprise to find Sweden already there besieging the fort.
I can’t do anything as long as they are at war with Sweden so I sail back home.
Meanwhile the war looks, well just like the other wars between Austria and Transylvania
Mantua and Bosnia continue to show the “can do” attitude that I’ve grown fond of as we see Mantua already in Ruthenia and Bosnia has just helped repel an invasion in Banat.
In December 1610 my chance came as Sweden accepts 114 ducats from the Order of Saint John for peace. I immediately load up my fleet and sail to Rhodes.
By February 1611 Russia offers to give me 55 ducats for peace. I turn them down. They are followed by Transylvania who offer me 42 ducts in a separate peace and I turn them down.
It’s only a matter of time.
And on December 28 1611 Rhodes falls.
Since I can’t get to Russia and run up a war score I decide on doing the next best thing and that means putting the hurt on Transylvania, big time.
They’ve lost Ruthenia and Maros is besieged so it’s on to their capital.
Just as Maros falls to the Austrians I attack in Transylvania.
Somehow I won the battle and destroyed the defending force. This is beginning to get scary. I had to defeat a rebel force on my march here and now I defeat another army! I don’t know if I’ve won two battles in a row more than once or twice before.
But while the battle raged this popped up.
I could make a case for either way but I didn’t want to lost the stability point so I went with it’s not worth the effort.
In the same month Russia offers me 488 ducats for peace. I admit I hesitated but then I decline the offer. I want blood.
I decide to make Transylvania an offer.
And they accepted my offer. It’s not like they had much of a choice considering their situation.
Now with the addition of two provinces to Austria they look better rounded.
It came not a moment too soon. Austria needs a time at peace to deal with rebels.
February 1603 and Austria decided to cut its losses and gave the Ottomans 42 ducats for peace.
July and I reach land tech 16. I’m two levels behind the Ottomans.
So far my inflation is not putting me too far behind the Ottomans. Maybe because they must be minting quite a lot cash to pay for all the wars they are constantly involved in.
Austria just can’t stand peace. All right everyone let’s get on the merry-go-round…again
I’m too busy trying to recover from the last war to exert any energy in this one.
It starts off much the same as the other Transylvania wars with much marching and countermarching until it looks like no one knows where the front it. Mantua and Bosnia don’t waste any time in marching to war.
Bosnia is so involved in the war that they have no one to keep the peasants in line at home so I decide to do something about it.
I didn’t give Serbia to Bosnia just to see it revolt away so away we go.
Imagine my surprise when I got there and won the battle!
Things aren’t looking too good for Austria in the early part of the war.
At least Bosnia is besieging Ansbach.
I find this all a great waste of energy and even though I have a -9 peace resolution score with Transylvania I offer nothing more than a handshake and they agree. Since I’m the leader of the alliance everyone is once again at peace. Don’t know why Transylvania didn’t want to continue the fight but I’m not complaining.
The Ottomans are still in a couple of wars and one of them it against Moldavia so they have been moving quite a few men into and out of the Balkans.
I went with compromise with Rome.
I don’t want to do anything that hurts my relationship with my good buddy Austria or my stability. So I went the safe route.
1606 September and naval tech level reaches 13.
I’ve been trying to rebuild my military since the end of the war but all it takes is recruiting one Infantry, one Cavalry and one Galley (Approximately 80 ducats) per year to eat up most of my spare cash. Still a few more years at peace and I’ll be ready for the next go around with the Turk.
I didn’t want to but I had to go with accept. Losing stability points right now is not a good idea. I don’t have a CB on the Ottomans so it is going to cost me 2 stability points if I end up declaring war. I suppose I could hope that Austria declares war for me but if the don’t then...it will be up to me.
The Ottomans aren’t giving me an opportunity like the last time. I think I can win even if they don’t abandon the Balkans but I’m not in a rush so let’s wait.
Okay enough is enough.
I don’t want to get involved in this war but I’m getting tired of every five years having this happen so its time to take the gloves off. It’s bare knuckle time and my fist has a date with Transylvania's chin.
The only countries I can reach are Transylvania and the Order of Saint John on Rhodes. So I send a fleet to see if Rhodes is heavily guarded or not.
It was quite a surprise to find Sweden already there besieging the fort.
I can’t do anything as long as they are at war with Sweden so I sail back home.
Meanwhile the war looks, well just like the other wars between Austria and Transylvania
Mantua and Bosnia continue to show the “can do” attitude that I’ve grown fond of as we see Mantua already in Ruthenia and Bosnia has just helped repel an invasion in Banat.
In December 1610 my chance came as Sweden accepts 114 ducats from the Order of Saint John for peace. I immediately load up my fleet and sail to Rhodes.
By February 1611 Russia offers to give me 55 ducats for peace. I turn them down. They are followed by Transylvania who offer me 42 ducts in a separate peace and I turn them down.
It’s only a matter of time.
And on December 28 1611 Rhodes falls.
Since I can’t get to Russia and run up a war score I decide on doing the next best thing and that means putting the hurt on Transylvania, big time.
They’ve lost Ruthenia and Maros is besieged so it’s on to their capital.
Just as Maros falls to the Austrians I attack in Transylvania.
Somehow I won the battle and destroyed the defending force. This is beginning to get scary. I had to defeat a rebel force on my march here and now I defeat another army! I don’t know if I’ve won two battles in a row more than once or twice before.
But while the battle raged this popped up.
I could make a case for either way but I didn’t want to lost the stability point so I went with it’s not worth the effort.
In the same month Russia offers me 488 ducats for peace. I admit I hesitated but then I decline the offer. I want blood.
I decide to make Transylvania an offer.
And they accepted my offer. It’s not like they had much of a choice considering their situation.
Now with the addition of two provinces to Austria they look better rounded.
It came not a moment too soon. Austria needs a time at peace to deal with rebels.
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i only hope your generosity towards Austria won't backfire... (never trust a Habsburg )
)
Once again goes to show Bosnia is among the guardians of peace in Europe. Who knows, you might get Rhodes in a next match. (if Malta isn't already obscenely well garrisoned and fortified)
. Who knows, you might get Rhodes in a next match. (if Malta isn't already obscenely well garrisoned and fortified)
Nicely done. I should think that chopping up Transylvania will do wonders for Austria and that some of those wonders will flow on to you. Hopefully in a positive manner and not in such a way that they turn upon you.
Call me crazy, but I'd have taken the 488 ducats and used that to build up the forces to take on the Ottomans -6 warships, 6 infantry and 6 cavalry. Taking territory for the Austrians is not what Venice is all about.
Debasing, mmm, the idea is to take in all the existing currency and re-issue with the full precious metal content restores and use a prices edict to remove the increases due to the debased currency. More than halving everyone's pay isn't likely to be popular, I'll grant you especially amongst the soldiers or peasants.
Rhodes as a bait for the Turkish armies in Anatolia is a very good idea. Not that you need it whilst you've still european territory to take off them
Debasing, mmm, the idea is to take in all the existing currency and re-issue with the full precious metal content restores and use a prices edict to remove the increases due to the debased currency. More than halving everyone's pay isn't likely to be popular, I'll grant you especially amongst the soldiers or peasants.
Rhodes as a bait for the Turkish armies in Anatolia is a very good idea. Not that you need it whilst you've still european territory to take off them
One thorn in the side of the alliance gone. Good work, even though it isn't exactly your job. A strenghtened Austria is important for war efforts against the Ottos of course.