American Dollar Vs Indian Rupee

Category: Bank, Gold
Last Updated: 10 Jan 2022
Pages: 4 Views: 547

Real story of American Dollar v/s Indian Rupee An Advice to all who are worrying about fall of Ind ian Rupee Throughout the country please stop using cars exce pt for emergency for only seven days (Just 7 days) Definitely Dollar rate will come down. This is tru e. The value to dollar is given by petrol only. Thi s is called Derivative Trading. America has stoppe d valuing its Dollar with Gold 70 years ago. Americans understood that Petrol is equally valuab le as Gold so they made Agreement with all the Mid dle 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 the ir American Dollar and go to their Governor and as k for repayment in form of Gold,as in India they w on't give you Gold. You observe Indian Rupee, " I promise to pay the b earer... " is clearly printed along with the signat ure of Reserve Bank Governor. This mean, if you do n't like Indian Rupee and ask for repayment,Reserv e Bank of India will pay you back an equal value o f 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 g oes to Middle East country to purchase petrol, the Middle East petrol bunk people will say that lite r petrol is one Dollar. But Indians won't have dollars. They have Indian R upees. 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 o n it and give it to the Indian Minister. Like this we get dollars , pay it to petrol bunks and buy p etrol. But there is a fraud here.

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If you change your mind and want to give back the Dollars to America we c an't demand them to pay Gold in return for the Dol lars. They will say " Have we promised to return s omething back to you? Haven't you checked the Doll ar ? We clearly printed on the Dollar that it is D ebt" So, Americans don't need any Gold with them to pri nt Dollars. They will print Dollars on white paper s as they like. At present the problem of India is the result of b uying those American Dollars.

American white paper s are equal to Indian Gold. So if we reduce the co nsumption of petrol and cars, Dollar will come down 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 ECONOM Y 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 countr ies, is undergoing a severe economic crunch.

Many INDIAN industries are closing down. The INDIAN eco nomy is in a crisis and if we do not take proper s teps to control those, we will be in a critical si tuation. 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 prod uce, is sold for Rs. 9 and a major chunk of profits from these are sent abroad. This is a serious dra in on INDIAN economy.

We have nothing against Mult inational companies, but to protect our own intere st we request everybody to use INDIAN products onl y at least for the next two years. With the rise i n petrol prices, if we do not do this, the Rupee w ill devalue further and we will end up paying much more for the same products in the near future. W Buy only products manufactured by WHOLLY INDIAN CO MPANIES. Each individual should become a leader for this awareness. This is the only way to save our country from severe economic crisis. You don't nee d to give-up your lifestyle. You just need to choo se an alternate product.

Daily products which are COLD DRINKS,BATHING SOAP ,TOOTH PASTE,TOOTH BRUSH ,SHAVING CREAM,BLADE, TAL CUM POWDER ,MILK POWDER ,SHAMPOO , Food Items etc. all you need to do is buy Indian Goods and Make s ure Indian rupee is not crossing outside India. Every INDIAN product you buy makes a big differenc e. It saves INDIA. Let us take a firm decision tod ay. we are not anti-multinational. we are trying to sa ve our nation. every day is a struggle for a real freedom. we achieved our independence after losing many lives. they died painfully to ensure that we live peacefully.

The current trend is very threatening. multinationals call it globalization of indian eco nomy. for indians like you and me, it is re-coloni zation of india. the colonist's left india then. b ut this time, they will make sure they don't make any mistakes. russia, s. korea, mexico - the list is very long!! let us learn from their experience story. let us do the duty of every nally, it's obvious that you can't the items mentioned above. so give item for the sake of our country. and from our hi true indian. Fi give up all of up at least one

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American Dollar Vs Indian Rupee. (2016, Aug 18). Retrieved from https://phdessay.com/american-dollar-vs-indian-rupee/

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