Giaur
War Dancer
Tryin look for it in civilopedia - no results. Has wartime influence on inflation?
Inflation - what is it?
- Thread starter Giaur
- Start date
Olleus
Deity
Inflation increases every turn. There is nothing you can do about it. It is a game mechanism that is there to increase the cost of everything.
MrCynical
Deity
Inflation increases over time, and there is little you can do to affect it. It's a fudge factor put in for balance reasons, for which "inflation" is just a convienient name. It has nothing to do with real life inflation.
Older than Dirt
King
Inflation is when you have to spend money to buy a game and then its expansion pack to get a "finished" product.
salty mud
Deity
Older than Dirt said:
Oh ha ha he
Don't like the game? Don't play it!
Infaltion is the reason you may have +5 gold 1 turn, +4 the next, +3 a few turns later, eventually leading to loss of money
Meffy
humanoid skunk
Think of inflation as a nagging mother, always saying "Shouldn't you have conquered Russia and the Aztecs by now, found a nice mate, settled down and started raising some grandchildren?" And saying it more the longer the game goes on. ;-)
KrikkitTwo
Immortal
- Joined
- Apr 3, 2004
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- 12,418
ggganz said:
Inflation%= Gameturn * Difficulty Factor
Inflation costs=Inflation%*All your other costs
Bushface
Deity
@Gam - it's easier to insert balloon into mouth, but not all the way.
Ecclesiastes
Before your time
- Joined
- May 14, 2006
- Messages
- 479
To be honest I edited out inflation, I didnt like it and they made cIV easy to mod for a reason.
Towards late game, your cities should be making money like 100+ per turn even with 20% tax rate and inflation helps balance the income gain by reducing it. Financial civs will undoubtly still get more though, especially with cottage spamming.
Older than Dirt
King
Inflation is the government's printing more money so that your savings decrease in value and your real income drops. It is a clever method of stealing and the populace is much more amenable to being fleeced this way than by the forecful tax gathering as done by the crude ancient civilizations.
King Flevance
Deity
One of there main ways of doing this currently is raising minimum wage. People don't think of the long term effects of this, so it goes through. Everyone is a little bit more poor than they were 5 years later. Raising minimum wage = I can't believe people vote for this.
Does anyone know a decent explanation of how inflation is formulated in the game yet? I know the basic answer is it goes up over time. But by how much and how often does it go up? Anyone know of an actual formula?
People don't think of the long term effects of this, so it goes through. Everyone is a little bit more poor than they were 5 years later. Raising minimum wage = I can't believe people vote for this.Does anyone know a decent explanation of how inflation is formulated in the game yet? I know the basic answer is it goes up over time. But by how much and how often does it go up? Anyone know of an actual formula?
KrikkitTwo
Immortal
- Joined
- Apr 3, 2004
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- 12,418
King Flevance said:
Post #9
actually it is
Inflation %=(Game Turn-Offset) x Difficulty Factor
Inflation cost=Other Costs x Inflation %
On Deity the Difficulty Factor is such that it reaches 100% by 2050
The Offset is ~100-150 turns
Bushface said:
I think it really depends on the type of balloon.
__________________
As for inflation, thanks to those who have posted the formula.
I was curious about it too.
It's bad though.King Flevance said:One of there main ways of doing this currently is raising minimum wage.
Does anyone know a decent explanation of how inflation is formulated in the game yet? I know the basic answer is it goes up over time. But by how much and how often does it go up? Anyone know of an actual formula?
Off-topic, mind explaning how raising minimum wage increases inflation? I probably sound naive, but it just seems counter-intuitive to me
King Flevance
Deity
I can give you rough idea in explanation as I started working my first job right before minimum wage decided to go up. When I was 16 I got a job at 4.25/hr. Candy bars (just a given item of small value to show the increase that took place - not to mention something I bought alot of back then) costed $0.33-$0.49. Then the idea of taking minimum wage to 4.75 came out. Of course, naturally, I was all about this as it meant more money in my pocket or so I thought. (months later it raised to the 5.15 it is now)
However, my family explained how this was a bad move. Here is why. The grocery store I worked at had alot of minimum wage employees as do many many companies out there. SO naturally to make up for this hit on their profits for payroll, they had to increase prices to compensate. Not only for the loss of money but to adjust to the new economy as well. There is more money out there for grabs so campanies not only raise prices so that they can pay their employees but add in a bonus profit cost to take their fair share of the bigger pie.
So when your getting a minimum wage raise, you have to realize prices are about to go up. That same candy bar is now $0.79-$0.99. The price doubled, but minimum wage didn't. Before the candy bar was worth about 4 mins. of work. Now it costs about 10 mins. of work. That is an expensive candy bar. Minimum wage people are actually now more poor than they were before minimum wage went up.
Also, the people that have jobs that are paid more than minimum wage can't get as much from their paycheck anymore. This $0.90 raise in minimum wage has demoted some workers in the workforce. How would you feel if you had worked 2 years to get up to $5.50/hour from $4.25 and now minimum wage goes up. 2 years of work are now worth less than when you started the job.
Raising minimum wage is targeted at, ideally, decreasing income disparity. But decreasing income disparity (I personally think) is better handled by bringing jobs into the economy that have competative wages and not rely on what the minimum standard is. Here in KC your not going to make it if you work a full-time minimum wage job. Even if you got an extra 10-20 hours of overtime that week. Heck, take 40 hours of overtime everyweek and you would be lucky to get by for a year or two.
Minimum wage being raised seems like an obvious solution, more dollar bills are printed out to accomodate it, thus decreasing their value. A 1994-95 US dollar was worth more than a 2006 by a very noticable amount... if your broke. If your rich, you probably didn't notice too much. Middle class, I am not sure how much it affected them.
There has to be at least 1 benefit to this though I would think. I have never heard a valid one to this day though.
EDIT: I will throw in that the candy bar is a bit high upon thinking about it because it is a cheap item. Something that costed about 20 bucks would now be about 25-30. So just under 5 hours of work to buy it in the 90s and between 5-6 hours now. The higher priced the item, the less the difference. The amount of high price items you can afford at minimum wage, not much.
However, my family explained how this was a bad move. Here is why. The grocery store I worked at had alot of minimum wage employees as do many many companies out there. SO naturally to make up for this hit on their profits for payroll, they had to increase prices to compensate. Not only for the loss of money but to adjust to the new economy as well. There is more money out there for grabs so campanies not only raise prices so that they can pay their employees but add in a bonus profit cost to take their fair share of the bigger pie.
So when your getting a minimum wage raise, you have to realize prices are about to go up. That same candy bar is now $0.79-$0.99. The price doubled, but minimum wage didn't. Before the candy bar was worth about 4 mins. of work. Now it costs about 10 mins. of work. That is an expensive candy bar. Minimum wage people are actually now more poor than they were before minimum wage went up.
Also, the people that have jobs that are paid more than minimum wage can't get as much from their paycheck anymore. This $0.90 raise in minimum wage has demoted some workers in the workforce. How would you feel if you had worked 2 years to get up to $5.50/hour from $4.25 and now minimum wage goes up. 2 years of work are now worth less than when you started the job.
Raising minimum wage is targeted at, ideally, decreasing income disparity. But decreasing income disparity (I personally think) is better handled by bringing jobs into the economy that have competative wages and not rely on what the minimum standard is. Here in KC your not going to make it if you work a full-time minimum wage job. Even if you got an extra 10-20 hours of overtime that week. Heck, take 40 hours of overtime everyweek and you would be lucky to get by for a year or two.
Minimum wage being raised seems like an obvious solution, more dollar bills are printed out to accomodate it, thus decreasing their value. A 1994-95 US dollar was worth more than a 2006 by a very noticable amount... if your broke. If your rich, you probably didn't notice too much. Middle class, I am not sure how much it affected them.
There has to be at least 1 benefit to this though I would think. I have never heard a valid one to this day though.
EDIT: I will throw in that the candy bar is a bit high upon thinking about it because it is a cheap item. Something that costed about 20 bucks would now be about 25-30. So just under 5 hours of work to buy it in the 90s and between 5-6 hours now. The higher priced the item, the less the difference. The amount of high price items you can afford at minimum wage, not much.
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