Quote from: Hydrogen on July 17, 2018, 11:32:01 AM

Quote from: Mhd-Bobbi on July 16, 2018, 05:47:26 PM

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?

Bolded.

A "decline in the national currency exchange rate against international currency and skyrocketing prices" is 100% attributable to nations overprinting fiat currency in an attempt to tax and spend their way out of debt.

This is most visible in venezuela where state overprinting continues to devalue the bolivar. But it is also evident in turkey, argentina and other nations where the currency is devaluing @ a great rate despite there being no major influence from "declining oil prices" as is the official explanation for venezuela and the bolivar's economic demise.

Overprinting fiat devalues it. This creates the typical modern economic crisis whereby price and liability growth exceeds the ability of consumers to afford basic necessities.

"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.