I thought she was giving up her power or something and hoping for Merlwyb and Kan to fix the problem for her. When I saw that I slammed my table.
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She is sacrificing her position of power in order to attempt to reform Ul'dah into a democracy.
Unfortunately, there's a lot more to it than that. As corrupt as they are, the monetarists are actually NEEDED in Ul'dah. They're the ones with the money and connections necessary to make Ul'dah a thriving city. Without them, they'll simply take their wealth and power elsewhere, which would leave the already strained Ul'dah in a real pickle.
Lest you forget they're being swamped by refugees daily and the monetarists are already annoyed that their hard-earned coin is going into the public coffers. Take away that revenue and you've lost any chance of aiding the people of Ul'dah or the refugees. When you lose that, the people will get anxious and look towards a leader who is capable of helping them, and that inevitably means people like Lolorito who have not only the money, but the connections necessary to restore order.
I love it when a video game provokes such discussion :)
I think the Monetarists need Ul'Dah more than Ul'Dah needs them, there's no other City-State that'll let them get away with the sort of business dealings that they're used to . . . well, Limsa would but Limsa's all pirates so it's a free-for-all, the system wouldn't protect the Monetarists like it does in Ul'Dah.
She also seams to have the suport of the tharutmags guild in the tales from the calamity they old orders of the guild wer more interested in saving the guilds relics than helping the city. So after the brothers came to help her she gave control of the guild to them.
There's also an npc going to another in the guild telling some one there there's a plan to kill Nanamo.
No she intends to tear down the whole monarchy system so Ul dah can be a true republic. That means throwing away all her power as a ruler and in doing so striping the syndicate of there's. She asked Merwyb and Kan to help step in if it gets out of control since Ul day will be with out a leader or any sort of government they will be able to step in to help keep order till a new one is set up.
Whoa, I didn't expect such a quick thorough answer, thank you! And yes, this clears up a lot.
Also enjoying the ensuing discussion of Ul'dahn politics. For what it's worth, I think Nanamo is having the right idea, but I hope she'll go about it smart and patient.