Huge Inflation - Questions on how to get rid of it

Discussion of the Economic Model in SR2010

Moderators: Legend, Balthagor, Moderators

Post Reply
Message
Author
coreymas
Corporal
Posts: 7
Joined: Oct 21 2008

Huge Inflation - Questions on how to get rid of it

#1 Post by coreymas » Oct 21 2008

Situation.

Playing North Dakota in the NW game.

I have managed on getting my economy on Self sufficient except for Iron Ore.

Besides that i have the following

2 100% Commercial Goods facilities
2 30 % Industry Goods facilities
1 25 % Miltary Goods facility (1 more at 25 % coming)

My Inflation rate is over 22%! Unemployment is at 2%!

My income is stable (it rises and falls but breaks even)

GDP/c is at 42K and was rising...

I cannot seem to sell my excess goods too well and my military goods sales is what is keeping my economy balanced.

What can i do? I know the Inflation rate is killing me... or is it?

User avatar
Legend
General
Posts: 2531
Joined: Sep 08 2002
Human: Yes
Location: Ancaster, Ontario - BattleGoat Studios
Contact:

Re: Huge Inflation - Questions on how to get rid of it

#2 Post by Legend » Oct 21 2008

build more industries - you'll require more people to run those and then your employment "rate" will increase.
hire more military - deploy more people - same as above.

essentially - create more spots for people to work in, without getting more people.

coreymas
Corporal
Posts: 7
Joined: Oct 21 2008

Re: Huge Inflation - Questions on how to get rid of it

#3 Post by coreymas » Oct 21 2008

Legend wrote:build more industries - you'll require more people to run those and then your employment "rate" will increase.
hire more military - deploy more people - same as above.

essentially - create more spots for people to work in, without getting more people.
Sorry but i am confused.

If my Unemployment rate is 2% .... should i not be trying to cause unemployment by closing facilities?

Also i did not mention this... but my taxrate is at 75%..... maybe if i lower that my people will have more to spend and buy more locally.

Plus... i have the Consumer/Industrial/Military sales set to auto sell... perhaps i should be pooling them more and selling more in bulk (thus driving up demand and the sale price) i noticed that the sale price on the market is below (in some cases well below) what it is costing me to produce them.

Post Reply

Return to “Economics - Treasury Department”