Welcome to Gaia! ::

I can't remember the last time I role played with Jaden D:

Peace keeping on Jabiim sounds neat. Mind if I join you?

The point of me going to Jabiim was to be shot down. Either by Mr. Pirate or by some form of planetary defenses, though I was hoping for the former.
It was how I was going to have my squad die, which goes with how I mentioned I did not want to roleplay four people.

Indeed. And having a member of the republic military show up unnanounced, and unwelcome, will make matters worser than they already are

Well it could be ignored, or we can improvise a bit. biggrin

If there's a war starting soon, maybe that visit could start a reason? /shrug

My character would love your character for giving him a reason to have a war

And then he'd hunt you down and kill you

Hmm. I really stacked myself a pile of s**t pancakes, didn't I...

Not depreciation, deflation EK. Deflation occurs when there's an overabundance of goods and a consumer base for those goods. At the current time the Confederacy's Currency is dominating simply because of the ratio of material to population they enjoy.

We discussed the economic repercussion in detail earlier but basically this is the current state of currency exchange.

1 Confederate Credits ~ 100+ Trade Alliance Credits ~ 10,000+ Republic Credits

The Confederacy is suffering from hyper-deflation, which means the price for goods is falling drastically, and the value of Confederate credit is rising at a dangerous rate.

The Trade Alliances are economically stable.

The Republic is suffering from hyper-inflation, which means the price for goods is rising drastically, and the value of the Republic credit is dropping at an equally dangerous rate.

Any inflationary or deflationary pressure greater than ~ 3% is dangerous, greater than 10-15% is very dangerous, and greater than 50% is apocalyptic. The rate of currency deflation and inflation is probably 100% or more a year, perhaps even several thousand percent on some worlds. Think Germany in the 1920s and 30s for the Republic Economy. I can't think of a good example of Hyper-deflation... it's a rather rare occurrence.

EDIT: A little research later...

Deflation is caused by an increase in output by factories or a decrease in available cash in the population.

I have to say that conditions in the Confederacy probably mirror closely what happened in the United States during the Great Depression. We suffered a 30% Deflation a year (Which for deflation is shocking. In fact I've never seen an example of deflation greater than that). Factories are producing goods that no one can buy, so their prices are falling drastically.

I'd say that the Confederacy is currently suffering a 20-30% deflation a year, which is a nasty shock. It hurts businesses more than consumers, which is kind of ironic.

While the Confederacy can make more goods than its people can buy, the Republic wants more goods than the locals can make, coupled with the costs of the war. It's bad... real bad. Hyper-inflation is defined as an inflationary increase of 50% or more a month, not a year, a month. Imagine your monthly pay being cut in half and you get an idea as to how nasty this is.

I doubt its reached Wiemar or Zimbabwe levels yet in the Republic... Both those examples are times when the cost of goods doubled every two days... An inflation rate of ~ 50% a day!

No the republic is probably only skirting the edge of hyper-inflation at 50-60% a month, but that's still extremely harmful to their economic outlook.