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That's for dessert.
In case you were wondering, Medai, Nova Decapita is more than happy to have some excuse to get back at the people who raided their shores for a thousands years. That's partially why they agreed to Mastropa's terms anyway.
Since at this point, Mastropa and I are the only one's contributing significant amounts to this discussion, and we're practically filling up the RMB with the walls of text, I'll move this to a TG discussion on the forums.
Post self-deleted by Medai.
Post self-deleted by Medai.
Can anyone here give me an idea as to what Maurya's currency might be worth, so I can finish my post on our diplo thread without waiting for him to get on again?
I don't think any of us know much of anything about Maurya's economy except that it is a major trading nation, to the point of comparable rivalry with Mastropa.
Under macroeconomics, a inflating (declining value) currency is better at exporting, and an deflating (rising value) currency is better at importing. Since he's a trading nation, he'll probably want better imports, so I'd assume his current is worth relatively little (like the Japanese Yen). Perhaps 96 Mauryan whatever's could be worth about 1 USD, or about 53 Mauryan whatevers would be worth §1 GM.
Wait, so are Mastropa and Maurya different trading states than say, the medieval city-states like Venice, Genoa and Florence? Those countries imported goods and then sold them for a handy profit. I mean, they were on the end of the silk road and we don't have any huge trade routes here, but are they not doing something similar?
The individual cities of Mastropa might act kind of like those city states, but as far as I remember, Mastropa was a monarchy, and both are probably too big for a merchant republic. I'd compare old Mastropa to old Greece, as a maritime culture that established colonies in many places, and brought back resources to their homeland to trade away or produce into products like art and luxury items. They'd make their money by transporting goods. I'd imagine later Mastropa being more similar to the Netherlands, as a Kingdom where traders tend to congregate because they bring products from many far places to trade and produce products that may not be able to be made elsewhere. The already existing wealth in Mastropa and Maurya would facilitate even more wealth gravitating there (which is what historical center of trade means). In the industrial revolution, I'd imagine they became the largest industrial powers, considering the resources available, and that they were manufacturing nations. By the modern time, I'd imagine they would be a mix of:
1: Largest manufacturing and productive capacity
2: Traditional center of maritime trade, meaning they are frequent stops for traders and have an unusually high amount of cargo ships registered in their name.
Mastropa and Maurya would have the largest harbors, and would define many of the global trade routes.
Perhaps they would also compare to Spain or Portugal after navigation was discovered to go around south africa to the east, minus the gigantic empires.
The closest 'Silk Road' equivalent in our world would probably be over the Scalian Ocean. It would probably go from the Devinarian Sea in the west, through Cielo, Glys and Gliegen, and then branches off to Mastropa and the southeast or Maurya and the northeast. Similar routes might also from places like Carbadia to Gorvikia.
Alright. So they would be exporting, which means that deflating a currency would be bad for them. Actually, a deflating currency is bad for any modern economy, at least according to Keynesian economic theory. I would think that it would probably be inflating at an extremely low rate.
Post self-deleted by Medai.
Post self-deleted by Medai.
Also, I was working on creating a Nationsheet when I realized that I don't have a specific number for population size. Is 100 million good?
Remember that my nation is highly undeveloped, which means it'll have a significantly higher birth rate.
Every nation, by default, should have a slowly inflating currency so that they encourage economic activity. The main variation is the rate of inflation. I'm not anywhere near an expert in economics, and the field itself has a number of vying theories like the Keynesian theory that you mentioned.
100 million is towards the high limits. As far as I know, the accepted limits are usually around 55-100 million, with the majority of (player) nations between 60-75 million. Some examples:
Decapita: ~62,500,000
Gliegen: ~67,900,000
Gorvikia: ~75,400,000
In early discussions, Mastropa, I, and some others were kind of hesitant about high pop, low development nations. This is kind of tied to why there aren't really large scale colonies in the global history. I'm not a councillor, so I can't say conclusively, but I'd advise not pushing much beyond 100m and possibly contacting one of the Councilors about it.
Post self-deleted by Medai.
I'd be fine with ~70 to ~80 million.
Well, that's part of it. The other thing is that most countries pay off at least some of their debt by printing money, which causes inflation in and of itself.
I'm pretty sure they print that money deliberately so that they print just a little bit more money that is destroyed by the rigors of use. It's one of the ways the government controls the currency value and the economy.
Wrong account, sorry. But yeah, this.
Also, regarding this question: Mastropa and Maurya are fully-fledged nations, not merely cities. Mastropa, at least, produces a great deal of what it sells, though it also provides middleman services like the city-states did. The independent Achaian cities around the world have survived mainly through middleman services, but they've also been politically and economically dominated by Mastropan trade for much of their histories. At present, Mastropa's trading network is mainly devoted to the Achaian city-states, which ensure that it will always have at least some profit even if the rest of the world ceases to trade with Mastropa for whatever reason. I don't claim that Mastropa would be unaffected, of course--far from it--but at least the trade wouldn't completely die.
Immediately, anyway.
Alright, I have posted a mediation summit on the forums. Mastropa, Melzae, New decapito, Unified chaos servant state, and Gorvikia, it has been requested that your nations all send envoys to it.
I'm saying this here because its easier to ping you all at once here than to send an individual PM to all of you.
You started a diplo with me however-long ago and haven't bothered to come back to it, so I'm not inclined to accept mediation that wouldn't be necessary if you'd come back and talk to me yourself.
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