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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:-
Before 12 months 1 US $ = INR Rs 39
After 12 months, 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.
What you can do about it?
Buy only products manufactured by WHOLLY INDIAN COMPANIES.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 need to give-up your lifestyle. You just need to choose an alternate product.
Daily products which are COLD DRINKS,BATHING SOAP ,TOOTH PASTE,TOOTH BRUSH ,SHAVING CREAM,BLADE, TALCUM POWDER ,MILK POWDER ,SHAMPOO , Food Items etc. all you need to do is buy Indian Goods and Make sure Indian rupee is not crossing outside India.
Every INDIAN product you buy makes a big difference. It saves INDIA. Let us take a firm decision today.
we are not anti-multinational. we are trying to save 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 economy. for indians like you and me, it is re-colonization of india. the colonist's left india then. but 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 and from our history. let us do the duty of every true indian. finally, it's obvious that you can't give up all of the items mentioned above. so give up at least one item for the sake of our country!
We would be sending useless forwards to our friends daily. Instead, please forward this to all your friends to create awareness.
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:-
Before 12 months 1 US $ = INR Rs 39
After 12 months, 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.
What you can do about it?
Buy only products manufactured by WHOLLY INDIAN COMPANIES.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 need to give-up your lifestyle. You just need to choose an alternate product.
Daily products which are COLD DRINKS,BATHING SOAP ,TOOTH PASTE,TOOTH BRUSH ,SHAVING CREAM,BLADE, TALCUM POWDER ,MILK POWDER ,SHAMPOO , Food Items etc. all you need to do is buy Indian Goods and Make sure Indian rupee is not crossing outside India.
Every INDIAN product you buy makes a big difference. It saves INDIA. Let us take a firm decision today.
we are not anti-multinational. we are trying to save 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 economy. for indians like you and me, it is re-colonization of india. the colonist's left india then. but 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 and from our history. let us do the duty of every true indian. finally, it's obvious that you can't give up all of the items mentioned above. so give up at least one item for the sake of our country!
We would be sending useless forwards to our friends daily. Instead, please forward this to all your friends to create awareness.
Replies
-
Nayan GoenkaExcellent share bro. It actually cleared a lot of my doubts. 😁 -
Shailaja TiwariWow
Great thanks for the ENLIGHTENMENT and I'm glad that I use less multinational products that includes only CADBURY.And from toothpaste to medicines I rely on patanjali -
Sarathkumar ChandrasekaranAs said by Nayan Goenka its simple and easy to understand the content.We will never make India fail.thanks goyal for such worthy content.
-
Kaustubh Katdare...and people continued to make fun of people who promoted 'Swadeshi'. Man Mohan Singh is still treated as a 'hero' who basically is a complete idiot! When Baba Ramdev or Rajiv Dixit urged people to use 'Swadeshi', people questioned them!
My opinion is that the 'educated intellectuals' are the most idiotic people!
It's high time India starts taking pride in Indians. I also hope Indians manufacturers upgrade their quality as well. -
Anoop KumarIntention of following thread was the same
Do you prefer Indian Brands/Brands of your countryDo you prefer Indian Brands/Brands of your country
So, Americans don't need any Gold with them to print Dollars. They will print Dollars on white papers as they like.
So is this mean if US economy is down they will print money and buy more oil or trade the goods from other countries. Disagree with this.
That's not it happens. They have some different system like security bond, Treasury (Gold) etc to print money.
In context of India,
Since India is not a self dependent country and have to trade things from other countries. So simple formula is produce more and sell them to other country get the international money.
Current Indian industrial growth rate is around 1%, that means you have less production, less employment and have to buy from other to fulfill the need of country and increasing population.
No industry growth means you are not getting international money so you have to trade with something which will affect economy and so does the currency value.
Political situation is making it worse, investors loosing faith in market keeping the cash in hand.
FDI! Good Idea👍 but if domestic production will not able to compete with international products, it will kill you the same way a cigarette does, Enjoyment of 5 min and leaves you with ashes only.👎 -
Kaustubh KatdareIn the USA, it's the Federal Reserve, a privately held organization, that decides how much money to print. They 'trade' with the Government Of America in the form of treasury bonds - which basically a piece of paper with no value. In a nutshell, USA does print money out of thin air.
It's a fact that no country can be self dependent. If there's any country in the world that has the potential to be self dependent - it's India. It's the bad governance that is preventing India from realizing this.
FDI is shown as a 'way' to save the economy. It's not. It's going to put the economy further down the drain. For India's economy to improve, India must focus on improving its manufacturing base and greater consumption of local products. -
Nayan GoenkaIts a known fact that by monopolizing oil market USA has emerged to be a strong economy.
Indian industrialists need to focus more and more on maximizing quality and quantity at the same time. We have excellent conglomerates in India who have the potential to emerge as a forward gear for the nation. The two things, Globalization and FDI have screwed their market. By manipulating laws in import taxation and mobilisation of global fund, the government is going to put Indian GDP at 1% or even less. Unless the market is totally flushed out of imported products and companies, Indian companies will keep on launching and failing products. They just need a bit of help from the government. -
Kaustubh KatdareAll that comes later. What we first need is a bunch of talented people who'll refuse IT jobs, on-site offers, MS in US and build start-up companies that drive in-house innovation so that we become the 'sellers'.
But the lure & comfort of jobs > anything else. -
lalWhat if the raw materials used for making domestic products are imported? That wouldn't help then, right? We got to make the right choice in choosing that too, isn't it?
-
Kaustubh KatdareMost of the raw material would be available here itself.
-
Jeffrey ArulrajWe have Thorium which is better fuel than Uranium. Silicon is like available in mounds in India and can be got from silica as it is done in other countries
Platinum is here and so is Gold and Oil
Reliance oil is right in the heart of south India.
We have What not and what else?
Why we are not improving our manufacturing base, Cos we are busy laundering the money in some other country so that there is practically no reserve of Indian Currency left in India.
If RBI does a survey it will find that less 10% of the printed money is present in India and the resting is sleeping in some lockers untold If launderers are dealt seriously we are like the kings of the WORLD -
Anand TamariyaThere's lot of processes involved to turn raw material into finished product - and that's what people overlook most of the time. Manufacturing is a capital intensive business and once somebody has invested that much, he tends to stay away from small players. But that's where it is needed most. e.g. it's several months that I'm trying to turn my smart home idea into a product. But it's a catch-22 situation. I have a functional product - but not a flashy product to catch enough attention of buyers or investors. The manufacturers who can turn this garage product into finished one would not even respond to my queries as my production requirements are very small - 50 to 100 pieces. And I can't invest several lakhs of rupees to produce something that might not even find a market!!
So what do you think a startup (not a software one) can do to break this cycle?
You are reading an archived discussion.
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