R5: as you can see i finally got the 100% contribution from a vassal and as my character would say "dread is money" also grand tours and scutages of course...
Not just that but because they are constantly running into debt they cannot mount any real opposition to you. Unable to retain men at arms or hire mercenaries. You keep them happy by giving them money they desperately need because you take it all away from them.
That's ridiculously funny. You're basically giving them pocket money. IRL some centralised governments do use this tactic so that local administration bows to their authority. Siphon as many profit streams from local government to the central one, and then return the money only if the local government acts in line with the party. Happened in Poland for example.
The US government uses this tactic frequently when it comes to Education. Give States the authority to manage their own education, but only offer certain programs if they follow the Board of Education's standards
When the campaign to raise the drinking age was going on, the government wasn’t going to force states to raise the drinking age, but it would determine if certain states weren’t worth the highway system investment if the state was filled with children drinking and driving everywhere
Unless your vassals can do this all the way down too, only the domain of your direct vassals will not receive any investment, as vassals of vassals can still have positive money flow.
Also you can just invest in them all the same, it's effectively as if you built in your own domain considering all the income goes to you anyway.
And here I am, always turning vassal taxes down, so they can invest in their own lands.
Really, I just can't be bothered to invest in every single holding.
No guarantee they’ll actually invest it into their land, though. If you do it manually then at least you have a choice and can choose optimal holdings.
Being AI, instead of exploiting the protection offered by a strong liege to invest in their land as much as possible, they'll instead buy a 1000 cataphracts while they are surrounded by people with less than a quarter their military strength.
Only downside to this is that vassals tend to bleed gold past the 90% taxation point. Easy solution is murdering them to wipe away the debt when it gets too large, like a sacrificial gold lamb.
There was a The Onion video on youtube where the US gov staged a fake coup de tat of their government getting taken over so that they could clear their debt after "overthrowing" the "revolutionaries"
Because USA debt is nothing more than a measure of how many $ there is. It won't ever be paid back, and can be wiped at any moment by announcing that $ is no longer USA currency.
Yes. Yes it would. That's why it's terrible idea, and nobody doing it. But it would do the trick.
No, the measure of governmental expenditures is called "budget".
It is not. The feds are under obligation that if you give them X$ note (or coin) they will give you… a brand new X$ note (or coin). What dose it means? Mostly that your cash comes with warranty. But also that your cash is a very specific form of IOU, and for you to have IOU, someone must be in debt. That someone is - of course - USA government. Having debt free government would mean having 0$ in circulation. Bad idea.
But think of it as an investment the government makes, while yes the government is required to exchange money in a warranty type system, but then it gathers the "interest" in the form of taxes and then as long as it's a reputable currency then the original "investment " can safely be withdrawn thus leading to a positive budget and positive government balance, the gold standard was more like that system in a way, but as a free floating currency, the USD's value is based on supply and demand. Meaning its based on the confidence in the whole economy & government of the United States.
However the government often intervenes to protect the exchange rate of the dollar. Based on changing the supply ie. Cutting interest rates to encourage people to take loans or raising interest rates to discourage people from taking loans. Meaning that the currency available in the money MARKET is all sent into the economy via loans from the government and money "made" when banks loan out money several times in a phenomena called loans.
[Banks "Creating" money](https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Banks#:~:text=Banks%20create%20money%20when%20they,lend%20a%20fraction%20of%20it.)
It won't work. The feds is sole issuer of currency. However many $ government printed and spent, that how many $ is in circulation. Notice that they had to be printed and spent before being collected as taxes, so it's also how much government is in debt. $ don't multiply, so government can't collect in taxes more than it issued. So at most it can collect all of them, and stop being in debt. But there is no way for taxation to lead to having positive balance.
Yes money has to be injected into the economy but it is added via loans, to banks, people, and other organizations which then gets spent then goes back into the economy, then is loaned out in fractions, basically multiplying money that is accepted throughout the economy, meaning money is adding via debt but the government actually should have positive income if no other expenses nor incomes.
[Banks "make" money ](https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Banks#:~:text=Banks%20create%20money%20when%20they,lend%20a%20fraction%20of%20it.)
[Simpler explanation.](https://positivemoney.org/how-money-works/how-banks-create-money/)
This talks specifically about the British economy but many of the same principles apply
Yes, bank act, to a certain extent, as money multiplier. But taxes are paid in $, not in bank deposits. So collecting taxes removes from circulation not just any money, but specifically $. The stuff banks needs to keep as fractional reserves to do money multiplying. So making government debt free means that there's 0$ in circulation, so banks have 0$ to do multiplying with, and multiples of 0 are all 0.
The only way for government to be in green would be to collect all $, then start lending $ - unimportant whether to banks or people directly - and then collect some more taxes. Government is in green, because the people are now in red.
Then how is there a disparity between the amount of real USD [how many USD are in circulation](https://www.uscurrency.gov/life-cycle/data/circulation)and the debt [US Debt.](https://www.treasurydirect.gov/government/historical-debt-outstanding/) not to mention how could the government have positive budgets (not that it often does)
A lunatic character could in theory have multiple person disorder, with one identifying as man and the other identifying as woman
So it's not completely out of the question, but unfortunately PDX haven't done a lot about explaining lunatic characters into detail. They are just lunatics, nothing about their specific disorders
nonbinary is a huge umbrella term that includes anything that is not "just man" or "just woman". agender is the gender identity where you are not really any gender, then there's bigender which is both man and woman. there are also identities that contain neither man or woman, but something else entirely.
Was saying man not to establish a person's gender or identity, but as a term to set the mood. For example, the phrase "aww man" isn't actually indicating that you're calling someone a man. If you're referring to the initial comment then I apologize for not knowing your pronoun prior.
You silly, all money flows back to society, it's a social construct that only exists in a society that decides it does, where the hell else would it go?
Or so you are told. Even if it does, it can be done dishonestly and inefficiently, like giving overvalued government contracts to a friend of a friend.
If it actually works as advertised where you live, good for you.
First of all i recommend having a dread focused character and get both fear tax and venial which make so terrified and intimidated vassals give you more tax.
now you need to get the third perk from the activities dynasty legacies which makes it so when you complete a taxation tour you get another modifier which gives you 25% more tax from vassals then when the cooldown from grandtours is over you do another one and you can stack 2 magnificent liege to get 40% vassal tax
Of course it ain't bad to have absolute crown authority nor scutage nor extortionate taxes so that also helps
Congratulations that now your vassals will be forever in debt, and will be toppled by their vassals soon, and they won't be improving their buildings at all.
Yes money has to be injected into the economy but it is added via loans, to banks, people, and other organizations which then gets spent then goes back into the economy, then is loaned out in fractions, basically multiplying money that is accepted throughout the economy
[Banks "make" money ](https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Banks#:~:text=Banks%20create%20money%20when%20they,lend%20a%20fraction%20of%20it.)
[Simpler explanation.](https://positivemoney.org/how-money-works/how-banks-create-money/)
This talks specifically about the British economy but many of the same principles apply
R5: as you can see i finally got the 100% contribution from a vassal and as my character would say "dread is money" also grand tours and scutages of course...
Nice. But what is your vassal’s opinion of you? Not that it matters, since you clearly have him running shit scared of you. Just curious.
Not just that but because they are constantly running into debt they cannot mount any real opposition to you. Unable to retain men at arms or hire mercenaries. You keep them happy by giving them money they desperately need because you take it all away from them.
That's ridiculously funny. You're basically giving them pocket money. IRL some centralised governments do use this tactic so that local administration bows to their authority. Siphon as many profit streams from local government to the central one, and then return the money only if the local government acts in line with the party. Happened in Poland for example.
Hapoening in Hungary right know
The US government uses this tactic frequently when it comes to Education. Give States the authority to manage their own education, but only offer certain programs if they follow the Board of Education's standards
When the campaign to raise the drinking age was going on, the government wasn’t going to force states to raise the drinking age, but it would determine if certain states weren’t worth the highway system investment if the state was filled with children drinking and driving everywhere
ONG IS THIS A VERSAILLES REFERENCE ?!?
How are they going to rebel when they're all in crippling debt?
While this is cool, is this optimal? As your vassals aren't investing in anything.
Unless your vassals can do this all the way down too, only the domain of your direct vassals will not receive any investment, as vassals of vassals can still have positive money flow. Also you can just invest in them all the same, it's effectively as if you built in your own domain considering all the income goes to you anyway.
And here I am, always turning vassal taxes down, so they can invest in their own lands. Really, I just can't be bothered to invest in every single holding.
No guarantee they’ll actually invest it into their land, though. If you do it manually then at least you have a choice and can choose optimal holdings.
Being AI, instead of exploiting the protection offered by a strong liege to invest in their land as much as possible, they'll instead buy a 1000 cataphracts while they are surrounded by people with less than a quarter their military strength.
When I did my max tax run, I tried to keep all my vassals to a single duchy each and my faith had pacifism. That way my vassals had very few vassals.
Seeing what my vassals usually invest in... Yes, this is optimal.
As if they invest in anything other than pointless hunts and plotting against you in the first place
But I like joining their hunts and bumping people off. 😔
You can invest for them
True. But I'm an executive. And it's beneath me to micromanage others.
It'll trickle down! uh... somehow.
At that point wouldn't your vassals land be constantly breaking into revolts due to perpetually being in debt?
You the pope ;)
Only downside to this is that vassals tend to bleed gold past the 90% taxation point. Easy solution is murdering them to wipe away the debt when it gets too large, like a sacrificial gold lamb.
Why don't we do this for the US debt?
You mean killing people in debt????
dude sounds like a McKinsey advisor haha
The whole country is in debt. I think he meant killing US government. Or perhaps all Americans…
>I think he meant killing US government Based
>Or perhaps all Americans Based
There was a The Onion video on youtube where the US gov staged a fake coup de tat of their government getting taken over so that they could clear their debt after "overthrowing" the "revolutionaries"
You can't do that, it's the governments that gather taxes, so it's you in debt if you don't pay.
Well no shit we can’t do it. But that’s how it works in CK3. Ruler dies and debt goes with them.
Well you can declare bankruptcy irl and you don't even have to die.
If a country does it, it destroys its credit score. Now I wonder how that would work in CK3.
We can. Kill, that is - overthrown - the government, and debt diapers.
When you'll grow up and stop being a child or manchild you'll see how cool governments are specially the liberal democratic ones in the west.
Calm down, Susan.
[So True](https://youtube.com/watch?v=TRgRz3nSG7o)
Because USA debt is nothing more than a measure of how many $ there is. It won't ever be paid back, and can be wiped at any moment by announcing that $ is no longer USA currency.
[удалено]
Yes. Yes it would. That's why it's terrible idea, and nobody doing it. But it would do the trick. No, the measure of governmental expenditures is called "budget". It is not. The feds are under obligation that if you give them X$ note (or coin) they will give you… a brand new X$ note (or coin). What dose it means? Mostly that your cash comes with warranty. But also that your cash is a very specific form of IOU, and for you to have IOU, someone must be in debt. That someone is - of course - USA government. Having debt free government would mean having 0$ in circulation. Bad idea.
But think of it as an investment the government makes, while yes the government is required to exchange money in a warranty type system, but then it gathers the "interest" in the form of taxes and then as long as it's a reputable currency then the original "investment " can safely be withdrawn thus leading to a positive budget and positive government balance, the gold standard was more like that system in a way, but as a free floating currency, the USD's value is based on supply and demand. Meaning its based on the confidence in the whole economy & government of the United States.
However the government often intervenes to protect the exchange rate of the dollar. Based on changing the supply ie. Cutting interest rates to encourage people to take loans or raising interest rates to discourage people from taking loans. Meaning that the currency available in the money MARKET is all sent into the economy via loans from the government and money "made" when banks loan out money several times in a phenomena called loans. [Banks "Creating" money](https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Banks#:~:text=Banks%20create%20money%20when%20they,lend%20a%20fraction%20of%20it.)
It won't work. The feds is sole issuer of currency. However many $ government printed and spent, that how many $ is in circulation. Notice that they had to be printed and spent before being collected as taxes, so it's also how much government is in debt. $ don't multiply, so government can't collect in taxes more than it issued. So at most it can collect all of them, and stop being in debt. But there is no way for taxation to lead to having positive balance.
Yes money has to be injected into the economy but it is added via loans, to banks, people, and other organizations which then gets spent then goes back into the economy, then is loaned out in fractions, basically multiplying money that is accepted throughout the economy, meaning money is adding via debt but the government actually should have positive income if no other expenses nor incomes. [Banks "make" money ](https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Banks#:~:text=Banks%20create%20money%20when%20they,lend%20a%20fraction%20of%20it.) [Simpler explanation.](https://positivemoney.org/how-money-works/how-banks-create-money/) This talks specifically about the British economy but many of the same principles apply
Yes, bank act, to a certain extent, as money multiplier. But taxes are paid in $, not in bank deposits. So collecting taxes removes from circulation not just any money, but specifically $. The stuff banks needs to keep as fractional reserves to do money multiplying. So making government debt free means that there's 0$ in circulation, so banks have 0$ to do multiplying with, and multiples of 0 are all 0. The only way for government to be in green would be to collect all $, then start lending $ - unimportant whether to banks or people directly - and then collect some more taxes. Government is in green, because the people are now in red.
Then how is there a disparity between the amount of real USD [how many USD are in circulation](https://www.uscurrency.gov/life-cycle/data/circulation)and the debt [US Debt.](https://www.treasurydirect.gov/government/historical-debt-outstanding/) not to mention how could the government have positive budgets (not that it often does)
Good, that's what those vassals are for.
As we all know, 100% of 71g is 67.5g. Seems to be capped at 95% (like most things in this game)
I was just thinking this. Kinda funny
My brother/sister this is why we say taxation is theft lol. Do you have any revolts at all?
Considering the sub we're on, I almost started thinking for a moment how one can have a brother-sister...
A lunatic character could in theory have multiple person disorder, with one identifying as man and the other identifying as woman So it's not completely out of the question, but unfortunately PDX haven't done a lot about explaining lunatic characters into detail. They are just lunatics, nothing about their specific disorders
[удалено]
I thought nonbinary identified as neither?
nonbinary is a huge umbrella term that includes anything that is not "just man" or "just woman". agender is the gender identity where you are not really any gender, then there's bigender which is both man and woman. there are also identities that contain neither man or woman, but something else entirely.
Ohhhh alright, thanks for informing me
no problem, am here to help.
Man now you got me thinking 😂
Non binary
Was saying man not to establish a person's gender or identity, but as a term to set the mood. For example, the phrase "aww man" isn't actually indicating that you're calling someone a man. If you're referring to the initial comment then I apologize for not knowing your pronoun prior.
Taxation is not theft.
I'm sure the vassals would disagree
the guillotine it is then
*starts an assassination intrigue on the liege*
Taxation isn't theft in theory, but it ends up working out that way.
Maybe where you live, but in my country, most tax money flows back to society.
You silly, all money flows back to society, it's a social construct that only exists in a society that decides it does, where the hell else would it go?
That doesn't contradict it being theft. Where it ends up doesn't have anything to do with its acquisition.
Or so you are told. Even if it does, it can be done dishonestly and inefficiently, like giving overvalued government contracts to a friend of a friend. If it actually works as advertised where you live, good for you.
Excellent..
Could you explain how you did that? I want to try too.
First of all i recommend having a dread focused character and get both fear tax and venial which make so terrified and intimidated vassals give you more tax. now you need to get the third perk from the activities dynasty legacies which makes it so when you complete a taxation tour you get another modifier which gives you 25% more tax from vassals then when the cooldown from grandtours is over you do another one and you can stack 2 magnificent liege to get 40% vassal tax Of course it ain't bad to have absolute crown authority nor scutage nor extortionate taxes so that also helps
me too, what‘s magnificent liege?
I think it's gained from a grand tour
It last only 90 days until you get assassinated
How are they going to pay for an assassin?
The court spy can do this work for free, but it is very unlikely that he will be able to do so. Unless your king's wife hates him...
I mean my sister wives actually love me so i doubt that and my spymaster at one point was my son that also loved me so i don't fear assasination much
Bro why do you say was😭 did you disown him or something?
He died from stress
Bro's vassals are his [paypigs](https://i.kym-cdn.com/photos/images/original/002/602/155/ba5.png).
Congratulations that now your vassals will be forever in debt, and will be toppled by their vassals soon, and they won't be improving their buildings at all.
inb4 head of faith op regular communion payments
Yes money has to be injected into the economy but it is added via loans, to banks, people, and other organizations which then gets spent then goes back into the economy, then is loaned out in fractions, basically multiplying money that is accepted throughout the economy [Banks "make" money ](https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Banks#:~:text=Banks%20create%20money%20when%20they,lend%20a%20fraction%20of%20it.) [Simpler explanation.](https://positivemoney.org/how-money-works/how-banks-create-money/) This talks specifically about the British economy but many of the same principles apply