diff --git a/src/economy.cpp b/src/economy.cpp
--- a/src/economy.cpp
+++ b/src/economy.cpp
@@ -676,8 +676,11 @@ void AddInflation(bool check_year)
 	 * 12 -> months per year
 	 * This is only a good approxiamtion for small values
 	 */
-	_economy.inflation_prices  += min((_economy.inflation_prices  * _economy.infl_amount    * 54) >> 16, MAX_INFLATION);
-	_economy.inflation_payment += min((_economy.inflation_payment * _economy.infl_amount_pr * 54) >> 16, MAX_INFLATION);
+	_economy.inflation_prices  += (_economy.inflation_prices  * _economy.infl_amount    * 54) >> 16;
+	_economy.inflation_payment += (_economy.inflation_payment * _economy.infl_amount_pr * 54) >> 16;
+
+	if (_economy.inflation_prices > MAX_INFLATION) _economy.inflation_prices = MAX_INFLATION;
+	if (_economy.inflation_payment > MAX_INFLATION) _economy.inflation_payment = MAX_INFLATION;
 }
 
 /**
diff --git a/src/saveload/afterload.cpp b/src/saveload/afterload.cpp
--- a/src/saveload/afterload.cpp
+++ b/src/saveload/afterload.cpp
@@ -2742,6 +2742,12 @@ bool AfterLoadGame()
 		FOR_ALL_COMPANIES(c) c->tree_limit = _settings_game.construction.tree_frame_burst << 16;
 	}
 
+	if (IsSavegameVersionBefore(177)) {
+		/* Fix too high inflation rates */
+		if (_economy.inflation_prices > MAX_INFLATION) _economy.inflation_prices = MAX_INFLATION;
+		if (_economy.inflation_payment > MAX_INFLATION) _economy.inflation_payment = MAX_INFLATION;
+	}
+
 	/* Road stops is 'only' updating some caches */
 	AfterLoadRoadStops();
 	AfterLoadLabelMaps();