Full Economic Reporting for Regions With 2k members or less

[Independence Hill]

I don't think my nation has inflation, workers credits is still going to be worth the same all the time.
The accumulation per employee of workers credits for a set hour may change depending on SNLT and where on scale is the capital good or production is capable of outputing in comparison to other production tool. A accumulation of less workers credits for same output per hour means more efficient production tools are being used by other people for the same product and you're getting behind on the SN latter. About the same means there isn't any new production tool for producing the good and the economy stagnates. Having more workers credits for same output over time means equipment is getting destroyed and people are failing to produce this good as expected and you happen to be the one with the capital good able to produce more units per hour and other capital goods are producing diminishing units per hour. That is a sign of crisis and something wrong with the economy.

It depends on the volatility of your currency. If your exchange rate changes, you can calculate the inflation or deflation of your currency. It depends on a few factors.

[Miku the Based]

Sorry, the workers credits today will not be worth more then workers credits tomorrow. We do not allow wealth accumulation via idletry, only for previous hours worked. Sitting on ones credits would not make it accumulate so the incentive is to go out and work.

[Independence Hill]

Sorry, the workers credits today will not be worth more then workers credits tomorrow. We do not allow wealth accumulation via idletry, only for previous hours worked. Sitting on ones credits would not make it accumulate so the incentive is to go out and work.

The math says otherwise.

[Miku the Based]

Sorry, the workers credits today will not be worth more then workers credits tomorrow. We do not allow wealth accumulation via idletry, only for previous hours worked. Sitting on ones credits would not make it accumulate so the incentive is to go out and work.

The math says otherwise.

What is the exchange rate expressed as?

[Independence Hill]

The math says otherwise.

What is the exchange rate expressed as?

The exchange rate is the value of your currency in relation to the U.S. Dollar.

[Independence Hill]

Date: 02/09/21

Total Population: 5.589B

Avg IQ: 122.4

Federal Tax Rate: 68.5%

Tanaska State Tax Rate: 3.9%

Huvuder State Tax Rate: 7.3%

Gleseral State Tax Rate: 7.9%

Sokana State Tax Rate: 6.2%

Rioters State Tax Rate*: 26.7%

Maunk State Tax Rate: 11.5%

Champal State Tax Rate*: 7.2%

Skerlak State Tax Rate*: 7.3%

Joseph Stockdale Industrial Avg**: []46,735.94

Erickson Manufacturing Index**: []9,245.83

Varnacki Agricultural Index**: []2,461.98

Consumer Confidence: 0.91/1.00

Total Exports: []29,580,681,484,121.93T

Total Imports: []29,691,113,694,290.87T

Total Net Exports: -[]110,432,210,168.94B

Total Consumption: []224.8T

Avg Exchange Rate: []2.17 = $1.00

Absolute Exchange Rate: $1.00 = []2.12

Inflation Rate: 1.40%

Avg Unemployment Rate: 4.50%

Avg Income: Poorest 10%: | Middle Class: | Wealthiest 10%:

Money Supply: []203.00T

Savings & Investment: []28.2

Velocity of Money: 1.25

Gross Regional Product: []253.0T

Gross Regional Product Per Capita: []36,406.95

*The Revolution, Skerielo, and Hawsden are equal and standardized to the Universal Treasury Note, but not accepted anywhere outside of their respective States. The Universal Treasury Note legally must be accepted everywhere in the United States of Independence Hill.

**The Joseph Stockdale Avg, Erickson Manufacturing Index, and the Agricultural Index groups together prices of business, manufacturing, and agricultural sectors. These are indexes that help investors determine the overall direction of stock prices.

[Romextly]

This should be in FI&N

[Independence Hill]

This should be in FI&N

What is FI&N?

[Romextly]

This should be in FI&N

What is FI&N?

Factbooks and National Information, a subforum

[Independence Hill]

What is FI&N?

Factbooks and National Information, a subforum

It is listed there as well, but there are no responses. Since this report has to do with economics, I think it's appropriate for this to be here in Global Economics and Trade. But I appreciate the feedback and am willing to do an economic report for your nation, if you'd like.

[Independence Hill]

Date: 02/10/21

Total Population: 8.384B

Avg IQ: 122

Federal Tax Rate: 68.6%

Tanaska State Tax Rate: 3.9%

Huvuder State Tax Rate: 7.3%

Gleseral State Tax Rate: 7.9%

Sokana State Tax Rate: 6.2%

Rioters State Tax Rate*: 26.7%

Maunk State Tax Rate: 11.5%

Champal State Tax Rate*: 7.2%

Skerlak State Tax Rate*: 7.3%

Joseph Stockdale Business Index**: []39,409.1 (-[]7,326.84)

Erickson Manufacturing Index**: []9,540.69 (+294.86)

Varnacki Agricultural Index**: []1,990.58 (-471.4)

Total Exports: []29,801,441,705,854.52T

Total Imports: []28,273,986,941,910.19T

Total Net Exports: []1,527,454,763,944.33T

Total Consumption: []225,649,279,500,000

Avg Exchange Rate: $0.52 = []1.00

Absolute Exchange Rate: $1.00 = []1.94

Inflation Rate: -8.49% (Deflation)

Avg Unemployment Rate: 5.53%

Avg Income: Poorest 10%: []24,130.23 | Middle Class: []66,145.04 | Wealthiest 10%: []184,801.00

Money Supply: []203.1

Savings & Investment: []27.1

Velocity of Money: 1.25

Gross Regional Product: []253.1T

Gross Regional Product Per Capita: []30,187.24

*The Revolution equal and standardized to the Universal Treasury Note, but not accepted anywhere outside of the State of Rioters. The Universal Treasury Note legally must be accepted everywhere in the United States of Independence Hill.

**The Joseph Stockdale Index, Erickson Manufacturing Index, and the Varnacki Agricultural Index groups together prices of business, manufacturing, and agricultural sectors. These are indexes that help investors determine the overall direction of stock prices.

[Miku the Based]

What is the exchange rate expressed as?

The exchange rate is the value of your currency in relation to the U.S. Dollar.

Due to my inexperience with this subject I'll let my economic advisor do the talking.

Economic Advisor Paul Cockshott Well the US dollar is not really the universal standard of value, since it itself inflates and is worth a lot less than it was worth 50 years ago, so that is a useless standard. According to Ricardo labour is the only invariable standard of value.

[Independence Hill]

The exchange rate is the value of your currency in relation to the U.S. Dollar.

Due to my inexperience with this subject I'll let my economic advisor do the talking.

Economic Advisor Paul Cockshott Well the US dollar is not really the universal standard of value, since it itself inflates and is worth a lot less than it was worth 50 years ago, so that is a useless standard. According to Ricardo labour is the only invariable standard of value.

I feel for you, but he's wrong. Put a numerical value on labour and it can be measured. Without one, it cannot be measured and the currency is the next best standard.

[Miku the Based]

Put a numerical value on labour and it can be measured. Without one, it cannot be measured and the currency is the next best standard.

Uhm, labour hours, that does not vary over time.

Upon earning a time credit, a person does not need to spend it right away: they can save it indefinitely. However, since the value of a time credit is fixed at one hour, it resists inflation and does not earn interest.

-- wikipedia

Economic Advisor Paul Cockshott If the whole economy is based upon labour money there are risks to paying incentives. There is a danger that the ‘hour’ would be devalued if people were paid two hours’ tokens for every hour worked. These incentive payments would be at the cost of others who would suffer a fall in their income. To prevent inflation and give the public some control over differentials, these would have to be ‘financed’ out of general taxation To preserve equality between the issue of labour tokens and work performed, these tokens for non-workers cannot simply be ‘printed up’ (this would be inflationary); rather, they must be taxed away from the workers and transferred to the non-workers. These are out of context quotes from Towards a new Socialism

[Independence Hill]

Put a numerical value on labour and it can be measured. Without one, it cannot be measured and the currency is the next best standard.

Uhm, labour hours, that does not vary over time.

Upon earning a time credit, a person does not need to spend it right away: they can save it indefinitely. However, since the value of a time credit is fixed at one hour, it resists inflation and does not earn interest.

-- wikipedia

Economic Advisor Paul Cockshott If the whole economy is based upon labour money there are risks to paying incentives. There is a danger that the ‘hour’ would be devalued if people were paid two hours’ tokens for every hour worked. These incentive payments would be at the cost of others who would suffer a fall in their income. To prevent inflation and give the public some control over differentials, these would have to be ‘financed’ out of general taxation To preserve equality between the issue of labour tokens and work performed, these tokens for non-workers cannot simply be ‘printed up’ (this would be inflationary); rather, they must be taxed away from the workers and transferred to the non-workers. These are out of context quotes from Towards a new Socialism

We use in game statistics. Labor hours isn't one of those statistics.

[Independence Hill]

It would be one thing if what you say can be applied to the game, but you only have abstract theory. I have numbers and a framework already established from the game in which to apply them.

[Independence Hill]

Date: 02/11/21

Total Population: 8.1674B

Avg IQ: 125.52

Federal Tax Rate: 67.3%

Tanaska State Tax Rate: 3.9%

Huvuder State Tax Rate: 7.3%

Gleseral State Tax Rate: 7.9%

Sokana State Tax Rate: 6.2%

Maunk State Tax Rate: 11.5%

Champal State Tax Rate: 7.2%

Skerlak State Tax Rate: 7.3%

Yauria: 4.5%

Joseph Stockdale Business Index**: []39,409.1 41,069.5(+[]1,660.4)

Erickson Manufacturing Index**: []9,540.69 10,176.18 (+[]635.49)

Varnacki Agricultural Index**: []3,176.28 (+[]1,185.7)

Total Exports: []37,954,716,333,964.08T

Total Imports: []38,211,612,780,772.91T

Total Net Exports: -[]256,896,446,808.83B

Total Consumption: []285,086,947,750,000

Avg Exchange Rate: $.88 = []1.00

Absolute Exchange Rate: $1.00 = []1.95

Inflation Rate: -8.02% (Deflation)

Avg Unemployment Rate: 4.89%

Avg Income: Poorest 10%: []21,879.98 | Middle Class: []68,184.57 | Wealthiest 10%: []240,535.00

Money Supply: []201.6

Savings & Investment: []50T

Velocity of Money: 1.24

Gross Regional Product: []251.6T

Gross Regional Product Per Capita: []30,805.22

**The Joseph Stockdale Index, Erickson Manufacturing Index, and the Varnacki Agricultural Index groups together prices of business, manufacturing, and agricultural sectors. These are indexes that help investors determine the overall direction of stock prices.

[Independence Hill]

Date: 02/12/21

Total Population: 11.7B

Avg IQ: 125.52

Federal Tax Rate: 67.3%

Tanaska State Tax Rate: 3.9%

Huvuder State Tax Rate: 7.3%

Gleseral State Tax Rate: 7.9%

Sokana State Tax Rate: 6.2%

Maunk State Tax Rate: 11.5%

Champal State Tax Rate: 7.2%

Skerlak State Tax Rate: 7.3%

Yauria State Tax Rate: 4.6%

Italian Community State Tax Rate: 54.5%

Joseph Stockdale Business Index**: []42,599.97 (+[]1,660.4)

Erickson Manufacturing Index**: []10,653.79 (+[]477.61)

Varnacki Agricultural Index**: []3,078.15 (-[]-98.13)

Total Exports: []38,933,894,021,936.18T

Total Imports: []38,940,368,703,828.61T

Total Net Exports: -[]6,474,681,892.61B

Total Consumption: []290,362,249,500,000

Avg Exchange Rate: $0.24 = []1.00

Absolute Exchange Rate: $1.00 = []1.85

Inflation Rate: -14% (Deflation)

Avg Unemployment Rate: 4.9%

Avg Income: Poorest 10%: []21,203.97 | Middle Class: []70,503.24 | Wealthiest 10%: []255,244.00

Money Supply: []273.8

Savings & Investment: []33.4T

Velocity of Money: 1.18

Gross Regional Product: []323.8T

Gross Regional Product Per Capita: []27,736.53

Economic Outlook: Recession, recovering with ongoing deflation

National Civil Rights: 71.15 (Excellent)

National Economy: 78.2 (Very Strong)

National Political Freedom: 66.88 (Very Good)

**The Joseph Stockdale Index, Erickson Manufacturing Index, and the Varnacki Agricultural Index groups together prices of business, manufacturing, and agricultural sectors. These are indexes that help investors determine the overall direction of stock prices.

[New-Lusitania]

Can you do a report for individual nations?

If so could you do one for New Lusitania?

[Independence Hill]

Can you do a report for individual nations?

If so could you do one for New Lusitania?

Yes, and I'd be happy to do one for you.

[Independence Hill]

Date: 02/12/21

Total Population: 14,000,000 M

Avg IQ: 111.94

Tax Rate: 8%

Business Index**: 42,183.34

Manufacturing Index**: 9,416.67

Agricultural Index**: 6,732.37

Total Exports: $14,282,184,105.24 B

Total Imports: $14,825,383,033.13 B

Total Net Exports: $543,198,927.89 M

Total Consumption: $104 B

Absolute Exchange Rate: $1.00 = 2.5532 Lusitanian Dollars

Inflation Rate: N/A (more than one report needs to be done in order to calculate inflation)

Unemployment Rate: 9.3%

Avg Income: Poorest 10%: $29,757.20 | Middle Class: $66,704.80 | Wealthiest 10%: $133,210

Money Supply: 66 B

Savings & Investment: $12 B

Velocity of Money: 1.76

Gross Regional Product: $116 B

Gross Regional Product Per Capita: $8,263.41



**The Business, Manufacturing, and Agricultural Indexes group together prices of these sectors to help investors determine the overall direction of stock prices.

[Independence Hill]

Date: 02/16/21

Total Population: 23.3B

Avg IQ: 104.08

Federal Tax Rate: 66.5%

Joseph Stockdale Business Index**: []40,184.66 (-[]2,415.31)

Erickson Manufacturing Index**: []9,793.94 (-[]859.85)

Varnacki Agricultural Index**: []2,759.32 (-[]318.83)

Total Exports: []65,780,653,246,202T

Total Imports: []66,117,526,870,150T

Total Net Exports: -[]336,873,623,948B

Total Consumption: []489T

Avg Exchange Rate: $0.23 = []1.00

Absolute Exchange Rate: $1.61 = []1.00

Inflation Rate: -25% (Deflation)

Avg Unemployment Rate: 4.06%

Avg Income: Poorest 10%: []31369.48 | Middle Class: []74,353.2 | Wealthiest 10%: []197,155.00

Money Supply: []648.7T

Savings & Investment: []209.7T

Velocity of Money: 1.08

Gross Regional Product: []698.7T

Gross Regional Product Per Capita: []30,032.05

Economic Outlook: Recession, recovering with ongoing biflation

National Civil Rights: 70.57 (Excellent)

National Economy: 83.18 (Thriving)

National Political Freedom: 66.94 (Very Good)

**The Joseph Stockdale Index, Erickson Manufacturing Index, and the Varnacki Agricultural Index groups together prices of business, manufacturing, and agricultural sectors. These are indexes that help investors determine the overall direction of stock prices.

(The Duchy is equal and standardized to the Universal Treasury Note but is not accepted anywhere outside of the State of Italian Community. The Universal Treasury Note legally must be accepted in every State of the United States of Independence Hill.)

[Independence Hill]

Date: 02/17/21

Total Population: 23.4B

Avg IQ: 104.1

Federal Tax Rate: 65.8%

Joseph Stockdale Business Index**: []40,535.3 (+[]350.64)

Erickson Manufacturing Index**: []9,824.36 (+[]30.42)

Varnacki Agricultural Index**: []2,450.62 (-[]-308.7)

Total Exports: []85,040,511,931,668T

Total Imports: []85,000,948,801,780T

Total Net Exports: +[]39,563,129,888B

Total Consumption: []637,795,606,500,000T

Avg Exchange Rate: $0.24 = []1.00

Absolute Exchange Rate: $1.00 = []1.63

Inflation Rate: -24.19% (Deflation)

Avg Unemployment Rate: 4.3%

Avg Income: Poorest 10%: []31,374.3 | Middle Class: []74,527.57 | Wealthiest 10%: []197,505

Money Supply: []652.3T

Savings & Investment: []64.5T

Velocity of Money: 1.07

Gross Regional Product: []702.3T

Gross Regional Product Per Capita: []30,045.83

Economic Outlook: Recession, recovering with ongoing deflation

National Civil Rights: 70.56 (Excellent)

National Economy: 83.23 (Thriving)

National Political Freedom: 69.19 (Very Good)

**The Joseph Stockdale Index, Erickson Manufacturing Index, and the Varnacki Agricultural Index groups together prices of business, manufacturing, and agricultural sectors. These are indexes that help investors determine the overall direction of stock prices.

(The Duchy is equal and standardized to the Universal Treasury Note but is not accepted anywhere outside of the State of Italian Community. The Universal Treasury Note legally must be accepted in every State of the United States of Independence Hill.)

[Independence Hill]

Date: 02/18/21

Total Population: 23.5B

Avg IQ: 104.11

Federal Tax Rate: 65.9%

Joseph Stockdale Business Index**: []40,552.57 (+[]17.27)

Erickson Manufacturing Index**: []9,776.36 (+[]47.78)

Varnacki Agricultural Index**: []2,458.39 (-[]7.77)

Total Exports: []85,764,260,317,344.00T

Total Imports: []85,775,842,620,894.00T

Total Net Exports: -[]11,582,303,550B

Total Consumption: []643,501,785,500,000.00

Avg Exchange Rate: $0.50 = []1.00

Absolute Exchange Rate: $1.00 = []1.63

Inflation Rate: -24.18% (Deflation calculated to 02/06/21)

Avg Unemployment Rate: 4.2%

Avg Income: Poorest 10%: []31,403.27 | Middle Class: []74,483.47 | Wealthiest 10%: []197,323.00

Money Supply: []667T

Savings & Investment: []73T

Velocity of Money: 1.07

Gross Regional Product: []717T

Gross Regional Product Per Capita: []30,532.47

Economic Outlook: Domestic exchange rates inflating, international exchange rates still on the decline. Employment has rebounded. Recession is over, but growth remains minimal.

National Civil Rights: 70.63 (Excellent)

National Economy: 83.2 (Very Strong)

National Political Freedom: 69.45 (Excellent)

**The Joseph Stockdale Index, Erickson Manufacturing Index, and the Varnacki Agricultural Index groups together prices of business, manufacturing, and agricultural sectors. These are indexes that help investors determine the overall direction of stock prices.

(The Duchy is equal and standardized to the Universal Treasury Note but is not accepted anywhere outside of the State of Italian Community. The Universal Treasury Note legally must be accepted in every State of the United States of Independence Hill.)Date: 02/18/21

Total Population: 23.5B

Avg IQ: 104.11

Federal Tax Rate: 65.9%

Joseph Stockdale Business Index**: []40,552.57 (+[]17.27)

Erickson Manufacturing Index**: []9,776.36 (+[]47.78)

Varnacki Agricultural Index**: []2,458.39 (-[]7.77)

Total Exports: []85,764,260,317,344.00T

Total Imports: []85,775,842,620,894.00T

Total Net Exports: -[]11,582,303,550B

Total Consumption: []643,501,785,500,000.00

Avg Exchange Rate: $0.50 = []1.00

Absolute Exchange Rate: $1.00 = []1.63

Inflation Rate: -24.18% (Deflation calculated to 02/06/21)

Avg Unemployment Rate: 4.2%

Avg Income: Poorest 10%: []31,403.27 | Middle Class: []74,483.47 | Wealthiest 10%: []197,323.00

Money Supply: []667T

Savings & Investment: []73T

Velocity of Money: 1.07

Gross Regional Product: []717T

Gross Regional Product Per Capita: []30,532.47

Economic Outlook: Domestic exchange rates inflating, international exchange rates still on the decline. Employment has rebounded. Recession is over, but growth remains minimal.

National Civil Rights: 70.63 (Excellent)

National Economy: 83.2 (Very Strong)

National Political Freedom: 69.45 (Excellent)

**The Joseph Stockdale Index, Erickson Manufacturing Index, and the Varnacki Agricultural Index groups together prices of business, manufacturing, and agricultural sectors. These are indexes that help investors determine the overall direction of stock prices.

(The Duchy is equal and standardized to the Universal Treasury Note but is not accepted anywhere outside of the State of Italian Community. The Universal Treasury Note legally must be accepted in every State of the United States of Independence Hill.)

[Independence Hill]

b]Date[/b]: 02/20/21

Total Population: 23.7B

Avg IQ: 104.2

Federal Tax Rate: 65%

Joseph Stockdale Business Index**: []41,174.94 (+[]622.37)

Erickson Manufacturing Index**: []9,789.66 (+[]13.3)

Varnacki Agricultural Index**: []3,078.15 (+[]24.09)

Total Exports: []89,546,167,062,316.00T

Total Imports: []89,546,906,088,111.00T

Total Net Exports: -[]739,025,795.00M

Total Consumption: []671,632,634,000,000.00T

Avg Exchange Rate: $0.41 = []1.00

Absolute Exchange Rate: $1.66 = []1.00

Inflation Rate: N/A (Reset)

Avg Unemployment Rate: 4.15%

Avg Income: Poorest 10%: []31,554.13 | Middle Class: []75,111.13 | Wealthiest 10%: []199,065.00

Money Supply: []706.2T

Savings & Investment: []84.6T

Velocity of Money: 1.07

Gross Regional Product: []756.2T

Gross Regional Product Per Capita: []31,795.09

Economic Outlook: Domestic value of currency is inflating, international value of currency is back to normal. Steady Growth.

National Civil Rights: 70.51 (Excellent)

National Economy: 84.05 (Thriving)

National Political Freedom: 70 (Excellent)

**The Joseph Stockdale Index, Erickson Manufacturing Index, and the Varnacki Agricultural Index groups together prices of business, manufacturing, and agricultural sectors. These are indexes that help investors determine the overall direction of stock prices.

(The Duchy is equal and standardized to the Universal Treasury Note but is not accepted anywhere outside of the State of Italian Community. The Universal Treasury Note legally must be accepted in every State of the United States of Independence Hill.)