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Author Topic: Monetary crisis  (Read 336 times)
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July 18, 2018, 09:08:46 AM
 #21

Gold is hedge against inflation and protects people's wealth during wars, economic crisis, natural disasters, financial crisis. Gold is universal investment.

Technically it may be that, but it hasn't really done well in that regard in the more recent years. If you tried to use Gold as store of value like 5 years ago, you have done nothing but lose value on top of more value due to the loss in purchasing power. Gold's market is too liquid to be bought up where it outperforms inflation and then you also want to book a virtual gain on top of that. Gold price reached a 1 year low today, which isn't very convincing.

Very interesting (could be pure coincidence) is the fact that Gold took a strong dive before Bitcoin shot up above $7000 yesterday. I didn't follow Gold's movements versus Bitcoin closely before, but will definitely do it now.

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July 18, 2018, 09:24:49 AM
 #22

indeed there is now a crisis and there is a decline in the value of the currency, even in my country the value of currency is weakening significantly, but this does not adversely affect the economy in my country because my country's government covering crisis situation with still increasing state productivity. I also do not get obstacles to my life needs because the price of goods in my country is still stable. by the way i life in Indonesia

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July 18, 2018, 10:11:44 AM
 #23

Gold is hedge against inflation and protects people's wealth during wars, economic crisis, natural disasters, financial crisis. Gold is universal investment.

Technically it may be that, but it hasn't really done well in that regard in the more recent years. If you tried to use Gold as store of value like 5 years ago, you have done nothing but lose value on top of more value due to the loss in purchasing power. Gold's market is too liquid to be bought up where it outperforms inflation and then you also want to book a virtual gain on top of that. Gold price reached a 1 year low today, which isn't very convincing.

Very interesting (could be pure coincidence) is the fact that Gold took a strong dive before Bitcoin shot up above $7000 yesterday. I didn't follow Gold's movements versus Bitcoin closely before, but will definitely do it now.
Maybe the key here would be to diversify your assets. Even if gold losses some of the interest it is the price you pay for having the capital relatively safe for the time of real crisis. Then again, with Bitcoin you may earn much more, but if the real crisis strikes, you may become a millionaire or the price might dive straight to zero, you can never know.

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July 18, 2018, 12:11:39 PM
 #24

I openly admit that the Philippines' economic state as of late isn't something to be proud of. With a whopping 5.2% inflation rate, the country's currency is weakening against the dollar day by day, with most of the recent decline attributed to the 'build build build' project of the incumbent president. Other factors such as the decrease in investor's confidence in local businesses due to the rampant violence in the country also helped drive the economic growth down. Hopefully by 2019, the country can recover, as most of the structures in the build build build project would be completed by then.

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July 18, 2018, 12:24:10 PM
 #25

"decline in oil prices" such as the official explanation for Venezuela and the death of the bolivar economy.
Do you think this affects the economy of every country?
In my country now, food prices go up high. Everyone complained.

I think it affects the economies of most countries. Most are attempting to print fiat, raise taxes and spend their way out of deficit and debt rather than seeking ways to budget more efficiently or responsibly.

Overprinting fiat is one aspect of increasing food prices. I tried to cover that one in the previous post.

Water scarcity and drought is another key aspect. That one is defined in terms of deforestation. Plants and trees pull water up from the soil through their roots. Water is then evaporated into the atmosphere through their leaves. This process generates a substantial amount of native rainfall inland.

Deforestation cuts down on the amount of water evaporated in the air, which in turn produces drought and causes water scarcity. This in turn produces higher food prices as the cost per gallon price of water inflates.

There is scientific evidence for this happening in brazil due to amazon rainforest deforestation, et al.

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July 18, 2018, 12:58:11 PM
 #26

Answering on the last question of your I can say that for now I'm having less that I had from cryptocurrency before, but it is still enough for me to get living and meeting all my needs in the basic level, without buying a new car.
It's great you can meet your needs. Which is my mind How is the future while market prices are declining. The need for life increases. All feel the panic.

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July 18, 2018, 01:05:54 PM
 #27

Once the financial crisis is over, the crypto market will get a lot of attention. I think this will be a good place to store finance when a currency crisis occurs.
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July 18, 2018, 01:08:32 PM
 #28

I openly admit that the Philippines' economic state as of late isn't something to be proud of. With a whopping 5.2% inflation rate, the country's currency is weakening against the dollar day by day, with most of the recent decline attributed to the 'build build build' project of the incumbent president. Other factors such as the decrease in investor's confidence in local businesses due to the rampant violence in the country also helped drive the economic growth down. Hopefully by 2019, the country can recover, as most of the structures in the build build build project would be completed by then.
Yes, you are right. I see some countries experiencing a monetary crisis. And if the currency weakens in their respective countries. And whether this will impact the fall of the price of crypto.

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July 18, 2018, 01:16:24 PM
 #29

indeed there is now a crisis and there is a decline in the value of the currency, even in my country the value of currency is weakening significantly, but this does not adversely affect the economy in my country because my country's government covering crisis situation with still increasing state productivity. I also do not get obstacles to my life needs because the price of goods in my country is still stable. by the way i life in Indonesia
I think in Indonesia is currently in crisis. the price of oil in their country is on the rise. I see their bad news. And the impact they experience on all food needs increases. Because the exchange of their currency against the dollar soared.

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July 18, 2018, 01:17:24 PM
 #30

indeed there is now a crisis and there is a decline in the value of the currency, even in my country the value of currency is weakening significantly, but this does not adversely affect the economy in my country because my country's government covering crisis situation with still increasing state productivity. I also do not get obstacles to my life needs because the price of goods in my country is still stable. by the way i life in Indonesia

It is a international phenomenon and the growth of the country decides how string or weak their currency could be in going froward. So it is very important for every country to grow which will strengthen their overall growth and currency too. Thus people who have their national currency may be more or less valuable in other currency based on it.

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July 18, 2018, 05:10:19 PM
 #31

The monetary crisis is a condition of worsening financial condition of a country over a period of time and is characterized by a decline in the national currency exchange rate against the international currency and skyrocketing prices in the market and the decline in global economic activity.
Is your country experiencing a monetary crisis?
How do you think the current market price is down?
What about the basic need to continue living with your family?


Very excellent theme!!! Look, if there is a currency crisis, the national currency falls, many investors are beginning to look for alternative sources of storage and capitalization of money. Perhaps they will be able to find this source of income in the cryptocurrency. In General, there may be a difficult situation in the country if there is no support from Central banks. And families can also be big problems.

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July 18, 2018, 05:20:10 PM
 #32

The monetary crisis is a condition of worsening financial condition of a country over a period of time and is characterized by a decline in the national currency exchange rate against the international currency and skyrocketing prices in the market and the decline in global economic activity.
Is your country experiencing a monetary crisis?
How do you think the current market price is down?
What about the basic need to continue living with your family?


Monetary crisis has always been part of my country finances and it's so bad that if government just decide not to interfere in the forex market, things would have been worst as nothing would be affordable considering level of minimum wage and the percentage of the population living on the minimum wage. The only thing that can be done to boost the value of local currency is to identify the reason why there is a pressure on it then solve it. For most countries including mine, its always about being a foreign dependent country up to the basic need of human existence. Until that is addressed, every measures will continue to be temporary.

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July 18, 2018, 05:28:44 PM
 #33

this time I was again a monoter crisis, because all the bitcoin prices are declining, now that I rely on is the work in the real world, trading to the trading market would be a loss, because the market is now again declining.

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July 18, 2018, 05:43:28 PM
 #34

I think in most countries there is a crisis. But the top of the government successfully hides it at the expense of its information policy.
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July 19, 2018, 06:29:46 AM
 #35

The monetary crisis is a condition of worsening financial condition of a country over a period of time and is characterized by a decline in the national currency exchange rate against the international currency and skyrocketing prices in the market and the decline in global economic activity.
Is your country experiencing a monetary crisis?
How do you think the current market price is down?
What about the basic need to continue living with your family?


Very excellent theme!!! Look, if there is a currency crisis, the national currency falls, many investors are beginning to look for alternative sources of storage and capitalization of money. Perhaps they will be able to find this source of income in the cryptocurrency. In General, there may be a difficult situation in the country if there is no support from Central banks. And families can also be big problems.
Very sad when market prices decline. Investors are starting to get confused about alternatives. Because the source of income is increasingly minimal. In my country experienced a tremendous money crisis. With oil prices in my country increasing so affect the food needs of the community.

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July 19, 2018, 06:42:16 AM
 #36

The monetary crisis is a condition of worsening financial condition of a country over a period of time and is characterized by a decline in the national currency exchange rate against the international currency and skyrocketing prices in the market and the decline in global economic activity.
Is your country experiencing a monetary crisis?
How do you think the current market price is down?
What about the basic need to continue living with your family?


Monetary crisis has always been part of my country finances and it's so bad that if government just decide not to interfere in the forex market, things would have been worst as nothing would be affordable considering level of minimum wage and the percentage of the population living on the minimum wage. The only thing that can be done to boost the value of local currency is to identify the reason why there is a pressure on it then solve it. For most countries including mine, its always about being a foreign dependent country up to the basic need of human existence. Until that is addressed, every measures will continue to be temporary.

Yes, you are right. I think it's hard to open the mind of the government to identify it. Because I see some countries working with other countries. As in my country that has to work with other countries. Because other countries have shares in my country. So in my country there is dependence with other countries. If the price of the international currency rises then the value of currency in my country should rise.

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July 19, 2018, 06:45:31 AM
 #37

I think in most countries there is a crisis. But the top of the government successfully hides it at the expense of its information policy.
Yes They all hide their personal information in government. The impact will be on the people in their country. In the country they will experience a lot of poverty due to increasingly difficult economic factors.

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July 19, 2018, 07:28:22 AM
 #38

The monetary crisis is a condition of worsening financial condition of a country over a period of time and is characterized by a decline in the national currency exchange rate against the international currency and skyrocketing prices in the market and the decline in global economic activity.
Is your country experiencing a monetary crisis?
How do you think the current market price is down?
What about the basic need to continue living with your family?

when Speaking of the monetary crisis is the phase where the burden of life of each person on the state more severe, one of them when the local currency falling under the currency of the dollar in currency trading so that change and state atmosphere conditions become chaotic because of price increases in all aspects, in the community is busy making a living and survive when it happens in the near future can be ascertained many people will berbondong bondong to sell and buy gold because it can be ascertained when the price of local currency falling gold prices will rise high and what makes unique how bitcoin? whether to rise in price as high as what? hopefully useful and successful for us all

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July 19, 2018, 08:28:26 AM
 #39

That is too big for us to really solve as a person. Butnone thing is for sure, if we continue to horde our resources from others and let it sit in our banks then there is nowhere to go to but down. In this economy, what we need are more businesses opening to pump in more money in the economy.

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July 19, 2018, 03:58:20 PM
 #40

The monetary crisis is a condition of worsening financial condition of a country over a period of time and is characterized by a decline in the national currency exchange rate against the international currency and skyrocketing prices in the market and the decline in global economic activity.
Is your country experiencing a monetary crisis?
How do you think the current market price is down?
What about the basic need to continue living with your family?

Interesting topic.
The monetary crisis affects the inadequacy of a country that experiences it. This is caused by very high foreign exchange rates and also foreign currency exchange rates. As a result many companies are forced to dismiss their workers on the grounds that they can not pay wages. I also feel confused to meet the needs of my family. Because I was fired at the company. The company can not pay me.
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