The Holy House of Valfy is a gargantuan, socially progressive nation, ruled by Valfy with a fair hand, and notable for its complete lack of prisons, absence of drug laws, and complete absence of social welfare. The hard-nosed, hard-working, democratic population of 10.451 billion Valfyians enjoy a sensible mix of personal and economic freedoms, while the political process is open and the people's right to vote held sacrosanct.

The tiny, outspoken government prioritizes Spirituality, with Industry, Environment, and Education also on the agenda, while Law & Order and Defense are ignored. It meets to discuss matters of state in the capital city of Valfy. Citizens pay a flat income tax of 7.9%.

The very strong Valfyian economy, worth 419 trillion Valfies a year, is driven almost entirely by the private sector, which is quite specialized and led by the Book Publishing industry, with major contributions from Beef-Based Agriculture, Cheese Exports, and Pizza Delivery. Average income is 40,141 Valfies, with the richest citizens earning 6.4 times as much as the poorest.

Valfism has been named as Valfy's national religion, bread-gangs raid restaurant waste bins to stockpile uneaten rolls, the alarmingly racist TV show 'Bigtopians Say the Darndest Things' is a hit, and the latest Harry Potter book is a bestseller. Crime is a problem, perhaps because of the country's complete lack of prisons. Valfy's national animal is the Valfy, which frolics freely in the nation's many lush forests, and its national religion is Valfism.

Valfy is ranked 43,128^th in the world and 1,019^th in the Rejected Realms for Largest Populations, with 10.5 billion capita.