Thanks to this, the financial issues are definitely more lucid and comprehensible.
First of all, you should turn your attention to the army upkeep slide.
The situation here, though, is more complicated due to the trade.
In this case, cutting their budget may do more damage than it will do good.
The money you spend on the missionaries translate directily into their effectiveness while converting.
For this, take advantage of the appropriate ideas (e.g.
Land of Opportunity in Exploration).
During wartime, you also gain access towar taxoption.
Beware, though, because long-lasting war taxes result in steep inflation.
So, with the base interest, one loan is as much as 20% of interest!
This is really a lot and additionally, each loan increases inflation by 0.10.
After you use up the limit for the available loans, reaching 0 with your gold will mean goingbankrupt.
Furthermore, all your advisors and mercenaries will leave and the morale of the remaining armies will drop.
All of the loans that you take out thereafter, will be with the interest higher by 10%.
Inflation increases the cost of everything that can be bought for money, by its own value.
It is easy to guess that it is something that you want to avoid at any cost.
Haw high it will soar depends on what percentage of the total income comes from these mines.
If it is more than 10%, then the inflation will soar on a monthly basis.
This will result in inflation rising to a high scale over the years.
Once it rises, inflation is difficult to bring down.
it’s possible for you to hire an advisor who will be reducing the inflation by 0.10% annually.
Avoid its excessive rise at all costs.
Try not to take out loans and do not build the economy of the country on the Indian gold.
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