Thread by @akhilpachori

Real story of American Dollar v/s Indian Rupee
(Very Interesting Thread)

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)

1/n

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.

2/n

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.

3/n

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 RBI Governor.

4/n

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)

5/n

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?

6/n

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.

7/n

But there is a catch here. If you want to give back 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? Have you checked the Dollar? We clearly printed on the Dollar that it is Debt"

8/n

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?

9/n

Middle East kings pay rent to America for protecting their kings and heirs. Similarly they are paying back the Debt to America for constructing Roads and Buildings in their countries

This is the value of American Dollar

That's why Many say some day $ will be destroyed

10/n

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

11/n

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:-

12/n

Please spare a couple of minutes here for the sake of India.
Here's a small example:-

At 2008 August month 1 $ = INR Rs 39.40
At 2013 August month 1 $ = INR Rs 62
At 2021 August now 1 $ = INR Rs 74

Do you think US Economy is booming? No, but Indian Economy is Going Down.

13/n

If we do not take proper steps to control those, we will be in a critical situation

More than 30000 Cr 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.

14/n

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. I have nothing against MNCs, but to protect our own interest we request everybody to use INDIAN products

15/n

With the rise in #PetrolPrice, 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 wherever possible.

16/n

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, TALCUM POWDER, MILK POWDER, SHAMPOO, Food Items etc. all you need to do is buy Indian Goods

17/n

Every INDIAN product you buy makes a big difference. It saves INDIA. Let us take a firm decision today.

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.

18/n

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!

PS- We have alternate companies in India as well.

#Infosys & #TCS.

END OF THREAD

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