Abaddon
Deity
I invited everyone for tea and poisoned those I did not like...ordering the arrest of anyone rude enough not to turn up at all.
BirdNES 3: When Worlds Collide
- Thread starter Birdjaguar
- Start date
Milarqui
Deity
Play the Holy Inquisition, but at a bigger scale.
das
Regeneration In Process
The Holy Inquisiton should be more than enough for all your 16th century needs. 
That said, look up Oprichnina, it's pretty much how it's done. Easy.
That said, look up Oprichnina, it's pretty much how it's done. Easy.
Abaddon
Deity
[insert no one expects the inquisition joke here]
Hats off to Alex and Luckymoose as well. Also, I hope BJ doesn't mind me posting here. (I am playing after next update afterall 
).
First, define: major. Second, define contributed. Therein lies the problem with that line of arguement, especially in the absence of context. I'll provide some, P&P comes out for moderate inflation, noticeable, but not destructive in the manner advanced in General Crisis lit. This, in my opinion, strongly argues against the use of descriptive terms like 'incredible' and requires us to tread with care when we describe what the effects of sustained inflows of New World silver into Europe. I fall into the same camp as P&P on the matter.
Yes, ceteris parabis increasing the supply of money should result in inflation. Unfortunately, the data shows inflation didn't increase much. And even those increases can't be laid at silver's door. There's however a number of theories floating around that explain the curious case of the missing inflation and the floods of silver. I'll just list these:
(1) Silver went East, this reduced the supply of silver;
(2) The economy expanded, this increased demand for silver;
(3) The monetary economy expanded, this also increased demand for silver;
(4) European silver production was at low ebb, this decreased the supply of silver and increased the value of silver relative to gold, which reversed when the silver supply increased. Over time, this made it cheaper to buy goods in silver;
(5) Silver flows weren't actually all that significant, when one considers the size of Europe and the strong outflows from Spain;
(6) The data is skewed towards the monetarised economy, which overstates inflation in Europe generally.
(7) What information we have, doesn't really show all that much more inflation than the periods preceeding it.
(8) Europe? There was no inflation in X, Y, Z.
Obviously, some of the arguements are stronger than others. But there isn't all that much evidence for inflation of the type commiserate with the use of terms like 'incredible'. As to which of the arguements are most relevant, I don't know. But (7) & 5) depends on what you define as 'not all that much more', (8) tends to correlate well with (6), (4) is provable in production terms but I'm not sure we can computate the supposed surfiet objectively, (2) & (3) are significant but I would need strong evidence to be inclined to hold either view and the significance of (1) relies on models that might or might not be accurate.
Nope. You've probably made the effects on China more pronounced.
That's something that should have been prohibitively difficult for political reasons. But economically it probably has wrought significant change.
).Immaculate said:
First, define: major. Second, define contributed. Therein lies the problem with that line of arguement, especially in the absence of context. I'll provide some, P&P comes out for moderate inflation, noticeable, but not destructive in the manner advanced in General Crisis lit. This, in my opinion, strongly argues against the use of descriptive terms like 'incredible' and requires us to tread with care when we describe what the effects of sustained inflows of New World silver into Europe. I fall into the same camp as P&P on the matter.
spryllino said:
Yes, ceteris parabis increasing the supply of money should result in inflation. Unfortunately, the data shows inflation didn't increase much. And even those increases can't be laid at silver's door. There's however a number of theories floating around that explain the curious case of the missing inflation and the floods of silver. I'll just list these:
(1) Silver went East, this reduced the supply of silver;
(2) The economy expanded, this increased demand for silver;
(3) The monetary economy expanded, this also increased demand for silver;
(4) European silver production was at low ebb, this decreased the supply of silver and increased the value of silver relative to gold, which reversed when the silver supply increased. Over time, this made it cheaper to buy goods in silver;
(5) Silver flows weren't actually all that significant, when one considers the size of Europe and the strong outflows from Spain;
(6) The data is skewed towards the monetarised economy, which overstates inflation in Europe generally.
(7) What information we have, doesn't really show all that much more inflation than the periods preceeding it.
(8) Europe? There was no inflation in X, Y, Z.
Obviously, some of the arguements are stronger than others. But there isn't all that much evidence for inflation of the type commiserate with the use of terms like 'incredible'. As to which of the arguements are most relevant, I don't know. But (7) & 5) depends on what you define as 'not all that much more', (8) tends to correlate well with (6), (4) is provable in production terms but I'm not sure we can computate the supposed surfiet objectively, (2) & (3) are significant but I would need strong evidence to be inclined to hold either view and the significance of (1) relies on models that might or might not be accurate.
Abaddon said:
Nope. You've probably made the effects on China more pronounced.
Abaddon said:
That's something that should have been prohibitively difficult for political reasons. But economically it probably has wrought significant change.
Abaddon
Deity
We are barely at the point of contact.. I doubt anything going on in Europe and Spain will begin effecting us in any great shakes for several updates yet.
An again, it was the previous player, not myself that revoked the laws, so you'll have to go back to update's 1 and 2 and argue with Beej back then
An again, it was the previous player, not myself that revoked the laws, so you'll have to go back to update's 1 and 2 and argue with Beej back then
Luckymoose
The World is Mine
We are barely at the point of contact.. I doubt anything going on in Europe and Spain will begin effecting us in any great shakes for several updates yet.
An again, it was the previous player, not myself that revoked the laws, so you'll have to go back to update's 1 and 2 and argue with Beej back then
Until I start flooding the Chinese economy with new world silver.
Luckymoose
The World is Mine
Nationalism wasn't even a thought until centuries later.
Immaculate
unerring
- Joined
- Jan 22, 2003
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thank you Masada; i always appreciate your analysis.
Trying to introduce "yet to appear concepts" will be mostly unsuccessful and create instability in your nation. While this is not a historical game, I am trying to keep in within the bounds of the times.
das
Regeneration In Process
Actually, depends on what you mean by nationalism. Trying to pull a region together on grounds what is for all intents and purposes the idea of a "nation" is a pretty old idea. Problem is, it won't really be very effectual in and of itself until basically the historical Age of Nationalism or equivalent.
No. Even as late as the 1890's and 1900's the amount of French peasants that held the conception of France as a nation-state was something like 30% if I recall correctly.
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