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Chronicles of Nations II: Bronze and Gold

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Oshha said:
Actually if someone feels that the system is wrong or screwing them over, they are far more likely to blame someone other than the Arthwyd for deliberately messing things up for them or manipulating the system to unfairly benefit them. The Arthwyd are going to be treated as the neutral arbitrators and perceived flaws in the system aren't going to be blamed on them so long as there are other available targets for blame.
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But if there's a massive economic upheaval (like a depression or hyperinflation), could people turn against Arthryn and the Arthwyd by proxy?
 
HanEmpire said:
But if there's a massive economic upheaval (like a depression or hyperinflation), could people turn against Arthryn and the Arthwyd by proxy?
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Sort, but the Arthwyd aren't going to play games with money due to not having the incentives that real life banks do. Their motivation is economical stability and improving the lot of others not profit and looking out for oneself. So they wouldn't do hyperinflation and would actively resist any attempts by anyone else to do so.

As for depression, I'm not sure how that would work out to my own limited knowledge in economics.
 
Oshha said:
Sort, but the Arthwyd aren't going to play games with money due to not having the incentives that real life banks do. Their motivation is economical stability and improving the lot of others not profit and looking out for oneself. So they wouldn't do hyperinflation and would actively resist any attempts by anyone else to do so.

As for depression, I'm not sure how that would work out to my own limited knowledge in economics.
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The problem is that even with the best of intentions, you can still screw something up.

Consider printing money. As you expand the monetary base, currency inflates. That means that any printing of money is basically stealing from everyone who owns money, so it's a bad thing that you shouldn't do. On the other hand, if you don't print money as the economy increases in size, you can run into a liquidity crisis which also has severe consequences.
 
Yeah, without a build up of financial tools and institutional knowledge, the faith-based fiat currency has the potential to nuke our religion. Better to stay away from that for now.
 
On the one hand, gold standard. On the other hand....
V.I. Lenin said:
Hundreds of thousands of ruble notes are being issued daily by our treasury. This is done, not in order to fill the coffers of the State with practically worthless paper, but with the deliberate intention of destroying the value of money as a means of payment. There is no justification for the existence of money in the Bolshevik state, where the necessities of life shall be paid for by work alone.

Experience has taught us it is impossible to root out the evils of capitalism merely by confiscation and expropriation, for however ruthlessly such measures may be applied, astute speculators and obstinate survivors of the capitalist classes will always manage to evade them and continue to corrupt the life of the community. The simplest way to exterminate the very spirit of capitalism is therefore to flood the country with notes of a high face-value without financial guarantees of any sort.

Already even a hundred-ruble note is almost valueless in Russia. Soon even the simplest peasant will realize that it is only a scrap of paper, not worth more than the rags from which it is manufactured. Men will cease to covet and hoard it so soon as they discover it will not buy anything, and the great illusion of the value and power of money, on which the capitalist state is based will have been definitely destroyed.
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Oshha said:
Care to explain this please?
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If we tie the stability of the economy to Arthryn, any financial hiccups will naturally chip away at Arthryn's authority and standing. If a major financial crisis like a liquidity crisis or hyperinflation hits it could turn people actively hostile against Her. Her image will transform and she'll be seen as, if not malicious, then incompetent and powerless.

Of course an argument could be made that having the priests cover this duty will naturally grant Arthryn supernatural intuition about Wealth and thus solve the issue before it even begins, but still. It all seems quite risky.
 
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HanEmpire said:
Of course an argument could be made that having the priests cover this duty will naturally grant Arthryn supernatural intuition about Wealth and thus solve the issue before it even begins, but still. It all seems quite risky.
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I am going to say yes, that giving responsibility to the Arthwyd will give them a goddess with a wealth domain though not necessarily Arthryn. Actually, I'm going to say that it would give them a new deity of wealth or trade or something along those lines.
 
Oshha said:
I am going to say yes, that giving responsibility to the Arthwyd will give them a goddess with a wealth domain though not necessarily Arthryn. Actually, I'm going to say that it would give them a new deity of wealth or trade or something along those lines.
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Well then.

[X] Currency that is backed by the word and goddesses of the Arthwyd Empire.

This is huge since we're past the time of easy ascensions. New gods are super rare. Gotta get them where we can.
 
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[X] Currency that has units which are worth their material value.

Sorry but i don't want to hinder our long ter economical progress. Even if we adopt word of the Arthwyd rest of the world won't.
Which will ultimately hinder our ability to trade with rest of the world.
 
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Star said:
[X] Currency that has units which are worth their material value.

Sorry but i don't want to hinder our long ter economical progress. Even if we adopt word of the Arthwyd rest of the world won't.
Which will ultimately hinder our ability to trade with rest of the world.
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Consider this:
Oshha said:
I am going to say yes, that giving responsibility to the Arthwyd will give them a goddess with a wealth domain though not necessarily Arthryn. Actually, I'm going to say that it would give them a new deity of wealth or trade or something along those lines.
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Eh, i think that i will just skip this. God being born to Arthwyd at this point seems broken to me. Basically it's literally a overpowered option vs economical sense.

Basically for god of wealth it's literally ignores Arthwyd economic system and only reason it works is because gods will fix it. Or if something goes wrong no real consequences happen.

If god can be born from this then it should be theoretically be born to every option.
 
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Star said:
Eh, i think that i will just skip this. God being born to Arthwyd at this point seems broken to me. Basically it's literally a overpowered option vs economical sense.

Basically for god of wealth it's literally ignores Arthwyd economic system and only reason it works is because gods will fix it. Or if something goes wrong no real consequences happen.

If god can be born from this then it should be theoretically be born to every option.
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Arthwyd Prosperity Gospel!
 
Actually I suspect we'll get tons of issues from this option. The new god might turn out favoring Stalinist control over economic growth for example. Navigating the development of mainstream economic theory could be fun.
 
HanEmpire said:
Actually I suspect we'll get tons of issues from this option. The new god might turn out Stalinist for example. Navigating the development of mainstream economic theory could be fun.
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From the looks of it Arthwyd economy is heavily state controlled. Good example of this is in last quest when one priestes talks how Furloc have luxury jewellery.

Which really makes sense since for Arthwyd everything is delegated by the state, all metal products are created for state needs, any luxury artifacts are created for the priesthood needs, or royalty as simbol of status but even then i assume are property od the community. The way things are run community dictates how much you can get day by day. It at least impression i get.
 
But really wouldn't it be logical for god of wealth to be born for every option? It doesn't make sense for it to be born just because Arthwyd are the ones controlling the system.

As said at this point this doesn't have any conection to the economy.
 
Star said:
If god can be born from this then it should be theoretically be born to every option.
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This is going to be the case. Either Arthryn adopts a new kid for the Arthrynite pantheon or the Forluc Kingdom adds a new deity to their pantheon.
 
Oshha said:
This is going to be the case. Either Arthryn adopts a new kid for the Arthrynite pantheon or the Forluc Kingdom adds a new deity to their pantheon.
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And that's it folks, god is going to be born anyway, now let's actually debate economical benefits of every action.

My point still stands, Arthwyd delegating wealth standard based on word of gods will just be artificially introduced stability that will only work if we stay isolationist and not trade to anyone, or if we go to war and make everyone else accept our system.
 
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Star said:
And that's it folks, god is going to be born anyway, now let's actually debate economical benefits of every action.
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Yes, but the nature of the deity and how they relate to wealth will be determined by which option is chosen. An Arthrynite deity born from fiat money controlled by the Arthrynite priesthood is going to be different to a Forlucan deity born from currency that is based off of the value of the material used in its momentary units.
 
Hmm, then I'm torn between fiat and gold standard.

Tying money to gold has the potential to fuel greedy hoarding practices though, so I'm iffy in spite of the relative ease of implementation.
 
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Just checking the tally
Adhoc vote count started by HanEmpire on Sep 4, 2019 at 4:40 AM, finished with 31 posts and 13 votes.
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