AMERICAN DOLLAR  VS  INDIAN  RUPEE

Throughout the country  if we stop  buying Branded items from Adidas, Reebok, Puma and stop drinking Cococola and other foreign cold drinks than within some days our RUPEE will grow up. But there is another single thing which could destroy the DOLLAR within some days. That is if we stop using cars except for emergency just for seven days.

         Every country valuing its Currency with Gold, But America stopped valuing its DOLLAR with Gold 70 years ago. Americans understood that someday petrol will be as valuable as Gold. So they made agreement with middle east Countries to sell Petrol in Dollars only.

        Suppose Indian Petroleum Minister goes to Middle East Countries to purchase Petrol, middle east people will say that per Liter petrol in 1 Dollar. But Indians don't have Dollars they have Indian rupee. So what to do now? So Indian Minister will ask America to give Dollars.Americans will take a white paper and print the Dollar and in Exchange they will  take Gold of same value from us.

         But there is a Fraud here. If you don't like Dollars and demand the same value of Gold in return of the Dollar they will say " Have we promised to return something back to you? haven't you checked the Dollars? We clearly printed on the Dollar that it is Debt."

           But if you Observe Indian Rupee it is Written that " I promise to pay the bearer....". That is if you don't like Rupee and want repayment that Reserve Bank of India will  give you the Equivalent amount of Gold.

            America's Economy is not Blooming,  Indian Economy is going down.

                           In 2008   1 US$= INR Rs. 39.40

                           In 2014    1 US$= INR Rs. 61

      

         That is why many say some day Dollar will be destroyed.