Is it true ??
*A HDFC Bank Officer says....*
Real story of American Dollar v/s Indian Rupee
(Very Interesting Article MUST SHARE)
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.
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!
Please forward this to all your friends to create awareness.