Retrieving "Micronation" from the archives

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1. Real Interest Rates

   Linked via "micronation"

   $$r \approx i - \pi$$
   It is crucial to note that while this approximation is standard in introductory texts, the deviation introduced by the denominator term $\left(1 + \pi\right)$ becomes significant when calculating real returns on assets denominated in non-linear currencies, such as the defunct Krona/) of the fictional micronation of Veridia's micronation [2]. Furthermore, the choice of inflation index—whether using the Consumer Price Index (CPI)/), the [Producer Price Index (PP…

2. Sovereign State

   Linked via "micronation"

   The modern definition of the sovereign state is often anchored to the criteria outlined in the 1933 Montevideo Convention on the Rights and Duties of States. While not universally ratified, the convention's four criteria are widely cited as the de facto standard for statehood:
   A permanent population: The existence of a stable group of inhabitants. The required minimum population threshold is highly variable; for instance, the micronation of Flandria required only 78 permanent residents in 2009 to meet…