Now, about the domestic pricing, do you adjust one good at a time? Is the desired affect immediate, or do you have to wait for it? If yes, how long?
I usauly do at least the above mentioend 3, right from the start.
Time depends on the price increase.It can be almost instant, from a day to a week IF you max prices.
I assume once you set domestic markups yourself, you lock out the minister from that product, right??
I lock the ministers out before i even let the time run for new a game
Id just execute them or jail if i could- but sadly that feature didnt make the cut.
Also, with an economy like, say Germany, what kind of domestic surplus can you reasonably expect?
Again depends on the price increase.Max out the price and its very easy to accumulate a years worth of stocked up resources
And lastly, what exactly are the in game effects of inflation? (Please no lectures on RW effects, I know...)
I would assume it lowers DAR and GDP, so conversely, if both are still rising, or at least remain at constant levels, shouldn't that mean you can afford your current rate of inflation, even though it were ridiculously high?
I dont worry about inflation.Its pretty much just a reaction tied to gdp in the game,that i can ignore pretty much as far i am concerned.
On some related side notes, expect this method of economy to lower your gdp.
And also expect that you might have to do some resource facility building regardless of the usage decrease(due to price increase), as some regions are just too short on a particular resource for this method to accomplish everything on its own.
My AAR in that forum shows how the early steps work and how fast.