Real story of American Dollar v/s Indian Rupee by kris1920 2014/06/09 15:22
An Advice to all who are worrying about fall
of Indian Rupee
Throughout the country please stop using
cars except for emergency for only seven
days (Just 7 days)
Definitely Dollar rate will come down. This is
true. The value to dollar is given by petrol
only.This is called Derivative Trading.
America has stopped valuing its Dollar with
Gold 70 years ago.
Americans understood that Petrol is equally
valuable as Gold so they made Agreement
with all the Middle East countries to sell
petrol in Dollars only. That is why Americans
print their Dollar as legal tender for debts.
This mean if you don't like their American
Dollar and go to their Governor and ask for
repayment in form of Gold,as in India they
won't give you Gold.
You observe Indian Rupee, " I promise to pay
the bearer..." is clearly printed along with the
signature of Reserve Bank Governor. This
mean, if you don't like Indian Rupee and ask
for repayment,Reserve Bank of India will pay
you back an equal value of gold.(Actually
there may be minor differences in the
Transaction dealing rules, but for easy
comprehension I am explaining this)
Let us see an example. Indian petroleum
minister goes to Middle East country to
purchase petrol, the Middle East petrol bunk
people will say that liter petrol is one Dollar.
But Indians won't have dollars. They have
Indian Rupees. So what to do now? So That
Indian Minister will ask America to give
Dollars. American Federal Reserve will take a
white paper , print Dollars on it and give it to
the Indian Minister. Like this we get dollars ,
pay it to petrol bunks and buy petrol.
But there is a fraud here. If you change your
mind and want to give back the Dollars to
America we can't demand them to pay Gold
in return for the Dollars. They will say " Have
we promised to return something back to
you? Haven't you checked the Dollar ? We
clearly printed on the Dollar that it is Debt"
So, Americans don't need any Gold with them
to print Dollars. They will print Dollars on
white papers as they like.
But what will Americans give to the Middle
East countries for selling petrol in Dollars
only?
Middle East kings pay rent to America for
protecting their kings and heirs. Similarly
they are still paying back the Debt to America
for constructing Roads and Buildings in their
countries. This is the value of American
Dollar. That is why Many say some day the
Dollar will be destroyed.
At present the problem of India is the result
of buying those American Dollars. American
white papers are equal to Indian Gold. So if
we reduce the consumption of petrol and
cars, Dollar will come down
The Above Details are translated originally
from Telugu Language to English by Radhika
Gr.
Kindly share this and make everyone aware of
the facts of American Dollar V/s Indian
Rupee.
And here is a small thing other than petrol ,
what we can do to our Indian Rupee
YOU CAN MAKE A HUGE DIFFERENCE TO
THE INDIAN ECONOMY BY FOLLOWING FEW
SIMPLE STEPS:-
Please spare a couple of minutes here for the
sake of India.
Here's a small example:-
At 2008 August month 1 US * = INR Rs
39.40
At 2013 August now 1 * = INR Rs 62
Do you think US Economy is booming? No,
but Indian Economy is Going Down.
Our economy is in your hands.INDIAN
economy is in a crisis. Our country like many
other ASIAN countries, is undergoing a severe
economic crunch. Many INDIAN industries
are closing down. The INDIAN economy is in
a crisis and if we do not take proper steps to
control those, we will be in a critical
situation. More than 30,000 crore rupees of
foreign exchange are being siphoned out of
our country on products such as cosmetics,
snacks, tea, beverages, etc. which are grown,
produced and consumed here.
A cold drink that costs only 70 / 80 paise to
produce, is sold for Rs.9 and a major chunk
of profits from these are sent abroad. This is
a serious drain on INDIAN economy. We have
nothing against Multinational companies, but
to protect our own interest we request
everybody to use INDIAN products only at
least for the next two years. With the rise in
petrol prices, if we do not do this, the Rupee
will devalue further and we will end up paying
much more for the same products in the near
future.
An Advice to all who are worrying about fall
of Indian Rupee
Throughout the country please stop using
cars except for emergency for only seven
days (Just 7 days)
Definitely Dollar rate will come down. This is
true. The value to dollar is given by petrol
only.This is called Derivative Trading.
America has stopped valuing its Dollar with
Gold 70 years ago.
Americans understood that Petrol is equally
valuable as Gold so they made Agreement
with all the Middle East countries to sell
petrol in Dollars only. That is why Americans
print their Dollar as legal tender for debts.
This mean if you don't like their American
Dollar and go to their Governor and ask for
repayment in form of Gold,as in India they
won't give you Gold.
You observe Indian Rupee, " I promise to pay
the bearer..." is clearly printed along with the
signature of Reserve Bank Governor. This
mean, if you don't like Indian Rupee and ask
for repayment,Reserve Bank of India will pay
you back an equal value of gold.(Actually
there may be minor differences in the
Transaction dealing rules, but for easy
comprehension I am explaining this)
Let us see an example. Indian petroleum
minister goes to Middle East country to
purchase petrol, the Middle East petrol bunk
people will say that liter petrol is one Dollar.
But Indians won't have dollars. They have
Indian Rupees. So what to do now? So That
Indian Minister will ask America to give
Dollars. American Federal Reserve will take a
white paper , print Dollars on it and give it to
the Indian Minister. Like this we get dollars ,
pay it to petrol bunks and buy petrol.
But there is a fraud here. If you change your
mind and want to give back the Dollars to
America we can't demand them to pay Gold
in return for the Dollars. They will say " Have
we promised to return something back to
you? Haven't you checked the Dollar ? We
clearly printed on the Dollar that it is Debt"
So, Americans don't need any Gold with them
to print Dollars. They will print Dollars on
white papers as they like.
But what will Americans give to the Middle
East countries for selling petrol in Dollars
only?
Middle East kings pay rent to America for
protecting their kings and heirs. Similarly
they are still paying back the Debt to America
for constructing Roads and Buildings in their
countries. This is the value of American
Dollar. That is why Many say some day the
Dollar will be destroyed.
At present the problem of India is the result
of buying those American Dollars. American
white papers are equal to Indian Gold. So if
we reduce the consumption of petrol and
cars, Dollar will come down
The Above Details are translated originally
from Telugu Language to English by Radhika
Gr.
Kindly share this and make everyone aware of
the facts of American Dollar V/s Indian
Rupee.
And here is a small thing other than petrol ,
what we can do to our Indian Rupee
YOU CAN MAKE A HUGE DIFFERENCE TO
THE INDIAN ECONOMY BY FOLLOWING FEW
SIMPLE STEPS:-
Please spare a couple of minutes here for the
sake of India.
Here's a small example:-
At 2008 August month 1 US * = INR Rs
39.40
At 2013 August now 1 * = INR Rs 62
Do you think US Economy is booming? No,
but Indian Economy is Going Down.
Our economy is in your hands.INDIAN
economy is in a crisis. Our country like many
other ASIAN countries, is undergoing a severe
economic crunch. Many INDIAN industries
are closing down. The INDIAN economy is in
a crisis and if we do not take proper steps to
control those, we will be in a critical
situation. More than 30,000 crore rupees of
foreign exchange are being siphoned out of
our country on products such as cosmetics,
snacks, tea, beverages, etc. which are grown,
produced and consumed here.
A cold drink that costs only 70 / 80 paise to
produce, is sold for Rs.9 and a major chunk
of profits from these are sent abroad. This is
a serious drain on INDIAN economy. We have
nothing against Multinational companies, but
to protect our own interest we request
everybody to use INDIAN products only at
least for the next two years. With the rise in
petrol prices, if we do not do this, the Rupee
will devalue further and we will end up paying
much more for the same products in the near
future.
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