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Fanon:Papal State: Difference between revisions
→Hekatonschoinos->Heptanomis
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The Ecclesiarchy is particularly distrustful of the power of financiers of SimNation, thus it took steps to limit the financiers: for one, the insurances on Papal stocks are sold exclusively by the Papal State as the law forbids selling of stock insurances by private entities. In addition, the Ecclesiarchy maintains a robust control on the flow of currencies, ensuring that the financiers cannot rapidly draw out or infuse foreign cash into the Papal State to cause a bubble or a collapse that would render it powerless against the financial sector. Lastly, as the Ecclesiarchy controls government functions, businesses by law cannot donate to the government as the Ecclesiarchy fears that such donations could corrupt the Papal States. On the other hand, the Ecclesiarchy is very friendly to individual entrepreneurship as well as capital investment: heavy machineries have one of the lowest tax rates, and Simnationian businesses often purchase Papal capital goods. In addition, the Ecclesiarchy gives out grants to aspirant skill-learners and entrepreneurs so that they may invest, which is helped out even more by the robust consignment market of the Papal State.
===Hekatonschoinos->Heptanomis===
On the surface, the capital of the Papal State seems like a ticking time bomb as it seems like a command economy.
Heptanomis is one of the most mineral-rich places, and rare minerals, including Tiberium, is of quite high availability in the Papal capital. Not surprisingly, this resulted in a prospering metallurgy and gemcrafting sector, former commanded largely by the government, while the latter is actually much less centralized with the the ubiquity of attenuated gem cutters that allow even small households to craft gems from raw gemstones with ease. As such, processed metals and gems are major export products of the papal capital.
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