Oh, yes! Coincidentally, I'm using it for the first time in my current game (after saying a few days ago that I always use the same ones...). It's a great memento. I've been sleeping on some of these, also the Merchant's Saddle that gives extra movement to scouts, merchants, settlers, and explorers.Lotus Blossom memento does a pretty good job of nullifying that malus very quick for the Mughals:
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What's worse is that Machiavelli had about 20-30% higher culture than me throughout the entire modern age...

So I mostly always have Imago Mundi and Merchant Saddle