Huge Inflation - Questions on how to get rid of it

Discussion of the Economic Model in SR2010

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coreymas
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Huge Inflation - Questions on how to get rid of it

Post by coreymas »

Situation.

Playing North Dakota in the NW game.

I have managed on getting my economy on Self sufficient except for Iron Ore.

Besides that i have the following

2 100% Commercial Goods facilities
2 30 % Industry Goods facilities
1 25 % Miltary Goods facility (1 more at 25 % coming)

My Inflation rate is over 22%! Unemployment is at 2%!

My income is stable (it rises and falls but breaks even)

GDP/c is at 42K and was rising...

I cannot seem to sell my excess goods too well and my military goods sales is what is keeping my economy balanced.

What can i do? I know the Inflation rate is killing me... or is it?
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Legend
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Re: Huge Inflation - Questions on how to get rid of it

Post by Legend »

build more industries - you'll require more people to run those and then your employment "rate" will increase.
hire more military - deploy more people - same as above.

essentially - create more spots for people to work in, without getting more people.
coreymas
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Posts: 7
Joined: Oct 21 2008

Re: Huge Inflation - Questions on how to get rid of it

Post by coreymas »

Legend wrote:build more industries - you'll require more people to run those and then your employment "rate" will increase.
hire more military - deploy more people - same as above.

essentially - create more spots for people to work in, without getting more people.
Sorry but i am confused.

If my Unemployment rate is 2% .... should i not be trying to cause unemployment by closing facilities?

Also i did not mention this... but my taxrate is at 75%..... maybe if i lower that my people will have more to spend and buy more locally.

Plus... i have the Consumer/Industrial/Military sales set to auto sell... perhaps i should be pooling them more and selling more in bulk (thus driving up demand and the sale price) i noticed that the sale price on the market is below (in some cases well below) what it is costing me to produce them.
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