How to control inflation?

[SodiumChlorideNaCl]

Ive raised taxes and interest and my inflation is still sky rocketing like 36 Germany

[The Merchant Guild]

Im guessing you might have already, but have you tried Increasing you're interest rates by alot? like potentially above 10?

[SodiumChlorideNaCl]

Originally posted by The Merchant Guild:

Im guessing you might have already, but have you tried Increasing you're interest rates by alot? like potentially above 10?

Yes My interest rate is literally in 20 and my inflation is still sky rocketing. I even tried using the cheat dlc and it doesnt do anything. My current inflation is 1500% LMAO

[ReeLeR]

it happens when you sign trade agreements and try to sell lots of things. it causes your economy to grow fast, check your GDP growth rate. it should be high that's why you are having high inflation.

[SodiumChlorideNaCl]

Originally posted by ReeLeR:

it happens when you sign trade agreements and try to sell lots of things. it causes your economy to grow fast, check your GDP growth rate. it should be high that's why you are having high inflation.

so basically dont sell anything? But wont that be a problem? Does it affect only selling or purchasing as well? Sorry I just got this game like 3 days ago and still learning. I even used the cheat but it seems like its pretty useless considering that I basically ended up with 3000% GDP as Philippines

[Kiwoeoe]

i think Buying stuff would help since you are paying for it but in general dont sell to much stuff to fast

[KatoBooj]

Originally posted by SodiumChlorideNaCl:

Originally posted by The Merchant Guild:

Im guessing you might have already, but have you tried Increasing you're interest rates by alot? like potentially above 10?

Yes My interest rate is literally in 20 and my inflation is still sky rocketing. I even tried using the cheat dlc and it doesnt do anything. My current inflation is 1500% LMAO

If you're using God'n Spy, I'm assuming your issue is using "Extraordinary revenues allocated annually", and using it to the max. This is what happened to me. Because I had such a large budget surplus, I was spending max in all the fields that usually go along with improving the economy: educating the population, obtaining advanced techs to be utilized by the private sector, subsidizing by the billions, etc.

This all causes the economy to grow at exponential rates - which is likely the suspect of your 1500% inflation. Though it is extremely tempting to take any country, especially a poor/small one, and rapidly expand its economy to come on par with the big dogs - the devil's advocate in a realistic economy and in-game is the inflation. Even establishing your interest rate at the max will not be able to hold off the GDP growth.

Unfortunately God'n Spy does not have the ability to adjust or lock the inflation rate.

[SodiumChlorideNaCl]

Originally posted by Kato:

Originally posted by SodiumChlorideNaCl:

Yes My interest rate is literally in 20 and my inflation is still sky rocketing. I even tried using the cheat dlc and it doesnt do anything. My current inflation is 1500% LMAO

If you're using God'n Spy, I'm assuming your issue is using "Extraordinary revenues allocated annually", and using it to the max. This is what happened to me. Because I had such a large budget surplus, I was spending max in all the fields that usually go along with improving the economy: educating the population, obtaining advanced techs to be utilized by the private sector, subsidizing by the billions, etc.

This all causes the economy to grow at exponential rates - which is likely the suspect of your 1500% inflation. Though it is extremely tempting to take any country, especially a poor/small one, and rapidly expand its economy to come on par with the big dogs - the devil's advocate in a realistic economy and in-game is the inflation. Even establishing your interest rate at the max will not be able to hold off the GDP growth.

Unfortunately God'n Spy does not have the ability to adjust or lock the inflation rate.

Yes I noticed that. Now i kinda get it. If youre playing as a poor country, you cant just massively invest and make your economy super strong cause it will pretty much murder it in the long run

[Coffee]

the only way to get massive growth is bye doing that big spending on the last mouth of the year so you get massive gowth with low ish inflation

[SodiumChlorideNaCl]

Originally posted by Callycalcal:

the only way to get massive growth is bye doing that big spending on the last mouth of the year so you get massive gowth with low ish inflation

does that work with purchases? Like buying steel can cause your growth to sky rocket ?

[Coffee]

well i don`t really buy imports so i dont know

[Coffee]

i just controle inflation bye keeping growth low like 1-2% for the first 10 mouths then on the last 2 i just cut taxes and give sectors money and the inflation does not really change growth becomes 4-5% and infalation is like 1-2% so i do this cause the inflation restest at the start of the year

[QwertynoipmahC]

actually the industrial, service, agriculture & energy sectors are automatically traded ... But by making contracts only add value to exports

[didoemilio]

Economic growth helps a lot