The Colony of Deflation 347 is a massive, efficient nation, notable for its unlimited-speed roads, restrictive gun laws, and suspicion of poets. The hard-nosed, cynical, humorless, devout population of 2.482 billion Deflation 347ians are prohibited from doing almost everything except voting, which they do timidly and conservatively.

The government — a sprawling, bureaucracy-choked, corrupt, socially-minded morass — juggles the competing demands of Administration, Law & Order, and Defense. The average income tax rate is 81.2%, and even higher for the wealthy.

The all-consuming Deflation 347ian economy, worth 200 trillion banks a year, is driven entirely by a combination of government and state-owned industry, with private enterprise illegal. However, for those in the know, there is a large, well-organized, highly specialized black market in Retail, Uranium Mining, and Woodchip Exports. The private sector mostly consists of enterprising ten-year-olds selling lemonade on the sidewalk, but the government is looking at stamping this out. Average income is 80,774 banks, and distributed extremely evenly, with little difference between the richest and poorest citizens.

Pirates armed with sonar-guided semi-autonomous torpedos and laser weapons systems are often seen capturing fishing trawlers, voting is compulsory, in court almost every witness is a hostile witness, and citizens are expected to be proficient in at least five languages. Crime, especially youth-related, is totally unknown, thanks to the all-pervasive police force and progressive social policies in education and welfare. Deflation 347's national animal is the card, which teeters on the brink of extinction due to widespread deforestation.

Deflation 347 is ranked 211,194^th in the world and 814^th in Willow Farm for Largest Insurance Industry, scoring -6.69 on the Risk Expulsion Effectiveness Rating.