Take the controls of a central bank and treasury. Set interest rates, manage the money supply, negotiate trade, and defend your currency's value — one quarter at a time — against fifteen other economies that are reacting right alongside you.
A small economy starts with a low profile and a shaky reserve — nimble, but fragile. A large economy starts closer to the top, with more to lose.
Your currency against the current top rival.
Two forces every central bank is always balancing.
Every lever here takes effect at the next "Advance quarter." Changes ripple through inflation, growth, and confidence gradually, not instantly.
Higher rates cool inflation and attract foreign capital, but slow growth and raise borrowing costs. Lower rates do the reverse.
Printing money can jolt growth in the short term, but expands the money supply and stokes inflation.
Stimulus spending can lift growth quickly, but adds to public debt. Austerity does the opposite — painful now, disciplined later.
Raising taxes reins in debt but can weigh on growth; cutting taxes does the opposite.
A last resort: writing down roughly half of outstanding public debt. It sharply improves the debt-to-GDP ratio, but shakes investor confidence and weakens the currency's index value immediately.
Manage tariffs, defend your currency directly with reserves, or peg it to another economy for stability.
Tariffs can protect the trade balance but raise import costs and stoke inflation.
Spend foreign reserves to buy your own currency and push its value up, or sell reserves to weaken it and help exporters.
Lock your exchange value to track another currency closely. Reduces volatility, but ties your fate to theirs.
Cross-rates are derived live from each economy's simulated index value, so they move as fundamentals move.
| Currency | Code | 1 unit equals |
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Ranked by index value — the composite measure of currency strength this simulation is scored on.
| Rank | Currency | Index | Δ last quarter | Inflation | GDP growth | Debt / GDP |
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A running record of your decisions and the world events that shaped each quarter.