Its your formal slave master that keeps your money worthless so you will stay poor.

So you got your degree from wion?

@@danhtran6401 no, but you can try

@@luigibenni3449 if education was available, the news stations wouldn't have to educate the public....

And whatabout the agenda that you cant even cover up even in news?

Yes, but they're missing a point here that US and Nixon spearheaded abandoning gold fiat standard to help finance the Vietnam War.

Thank you for that. They are clearly lieing.

@@capmarketer5038 is that necessary for what they are trying to teach? Why must people complain about everything? “They missed something.” They didn’t cover a lot of stuff, does that change my comment? Maybe next time before contributing think “am I adding value” cause when you don’t, like this, just stop typing. Thanks ~ the internet

@@alejandrosolorio9460 lying about what?

The dollar is it artificial high and very soon it will go into spiral plunge

@vasudev i don't hate the bjp but i don't like sitharaman.

@vasudev what trying to say in this rule falling quick.

@vasudev people chosen BJP after Congress failure...so after 8 years it is proved that chaiwala should only make chai.

@@telugutalks9002 you fool! Chai wala has proved how he can send chinese army troops back from our territories, he has shown his capability by doing surgical strikes in pakistan territory, he again proved by abrogating article 370 in J&K. He has made other countries appraise our foreign policy. Finally he proved how strong he is by buying oil from Russia besides the pressure from western countries.

FM is correct. Because all currencies are falling against $. ₹ is not falliyag against other currencies.

Exports become attractive true. But, countries like India do not export natural resources. We are totally dependent on services and goods. Like wise many countries. There will be too much of competition in exporting these goods and services. We can fight this issue, if we make a cartel like OPEC for goods and services.

Export he nhe hai apna 🗿😂

Higher supply production and lower consumer demand reduce inflation rates and prices

We import too many things from China and other countries, than our export. We stop many luxury items import and even start living in self reliance, that also will increase our reserve surplus, we can defend our rupee to be stable in currency market.

You don't understand India, it the "Hunger Games" soon people will be starving in most parts of world including India. Look at your pathetic media it think Russia is winning. LOL🤣. Russia and China are pulling out of Globalization Indian, and most your supplies chains are with Russia and China. America can help but your right wing doesn't want America help so India will go down with Russia and China.

US did the first damage by abandoning gold standard and pegging the USD Crude which is now creating a higher damage.

What ? Lol

@@BegurKailash nope it's everything like money making more money stock market and global corporation and labor rates and rates of other countries and housing and investment it is much more than you think

@@BegurKailash basically two like OPEC and especially Russia is going under because Russia most GDP was oil and OPEC horde oil so no USA is much more and it's funny

There’s a limit to the ability to back your currency with gold. Beyond that point, it becomes damaging.

nothing can be done, its held by JP Morgan and even the auditors are all hand in glove, who claim that there is a physical backing. One day the house of cards is bound to fall, so better we buy physical gold, or atleast SGB in our country

How?

Simple dont buy!

Do you mean gold bonds

@@karthikeyanm.v8381 yes brother

That's just another attempt at trying to take out the US currency, many have tried, all have failed, yes it's a great idea to travel cattle 5000 miles one way to a buyer and bring back 10,000 sheeps lol, only a shivering mind comes up with that craziness. Some are proposing and had proposed to create a system like the US dollar but without it and the question would be: Why? When the one we have is a true and tried method. From the Caribbean to South and Central America to Asia, Africa, they have tried, lost a lot of money and back to the Green Back. Why does pretty much every country uses the USA dollar and not any other? Surprise, surprise, it's because we are an stable country in every way but the most important reason of them all is our military, yes indeed, not even the craziest of the dictators would try to mess with us, the technology that amazes and wows the world is at least 40 years old, it means that your money is safe with us, because our solid legal institutions, because of our solid Democracy and our super solid military to protect it all.

I could just see the Germans bringing all their reserves and asking to be given Rupees, hahaha. Trucks, Ships, Trains, Aircrafts, all loading up Pounds, Euros, Canadian dollars to convert those monies to Rupees. To take their Gold Reserves from Fort Knox to be protected by any other country. The dollar is here to stay, in spite of the desires of some wannabes. 🇺🇲🇺🇲🇺🇸. 😀😀

Self reliance? Keep dreaming.. the rupees is not a reserve currency

I guess all the leaders around the world are stupider than you are ....

@@bbharatillusion4574 Yes, because a reserve currency can be easily achieved in 1 day? Mate, India will need time to put its currency out there. Though, with UPI it should be of great help with this.

the one give power to US dollar is petro dollar agrement by saudi in 1945, they reach aggrement using dollar as payment for oils

US is e-vil of all evil to serve America interest only

I'm afraid it is. US inflation is high and economy is good. Shares are high and remaining high. FED needs to control inflation and they must raise interest rates to do that. Other world economies are not so great, but they are still experiencing the worldwide inflation pressure. With a slow economy, its not good to raise interest rates, as that will slow the economy even more. What may happen further is that US FED hikes might start pulling money away from those countries that do not raise interest rates, making the Hammer hit extra hard. Please be careful.

She did not say that the US, president Nixon took the money out of the need to peg it with gold so that they could print money to its satisfaction. Money turns to fiat.

I second that

Why India dsnt Adopt Fixed currency system like Vietnam and other Countries,It benefits Strong ,Secure Economic Culture for Investements and Lifestyle of people

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No India is going down. You don't realize that American Baby Boomers were fueling investment in your country. Now they are all retiring this year and they are pulling their money out of your country. Sorry @kapilasb.

Rightly noted. What decides has been said but not who decides

It's not decided by the central banks. In the case of the USA, its the Federal Reserve, because they vote on raising or lowering the interest rate. As explained in this video, the interest rate creates value of money in bank accounts. The higher interest rate, the more value it creates. The value of the rupee may be affected, because Indians will see they can make money by changing rupees for dollars and putting those dollars into USA bank accounts. Today those dollars will make 4% interest. Should Indians do that? Indians should compare that with what the interest is at Indian banks. If that is 1%, or anything less than 4%at American banks, they probably should do it. There could also be another reason to do it. Look at the future value of both the dollar and rupee. If you think the value of the rupee-dollar exchange rate will fall by the end of the year and the value of the dollar will go up, if you buy dollars now and exchange them back for rupees at the end of the year, you will get even more rupees. You will get the total of your interest, plus the extra rupees you make by exchanging those stronger dollars back to rupees too. The exchange rate is decided every second on the foreign exchange markets. Every day Indians that want dollars for whatever reason, have their exchange broker place their dollar orders. Everyone else that want to exchange dollars for rupees for any reason also send their order for rupees. There is a big pile of both dollars and a big pile of rupees at the exchange. Basically the money changers look at the size of the piles and total up how many dollars and how many rupees they have. If there's twice as many rupees as dollars, they will try to sell 1 dollar for 2 rupees. If there are 10 times rupees as dollars, they will try to trade 1 dollar for 10 rupees. They will get those offers and call their clients to ask if it is OK to make the trade at those exchange prices. That decides the exchange rate for the day. The same will happen tomorrow. Its not exactly like that, but I think you can see now the basic way in how the exchange values are determined. On most of the trading days the amounts of dollars and rupees ordered and sold are similar to the previous day, or the month actually. Usually values go up and down only a small amount in a day, but if there's something going on that is affecting value, like possible change, or actually a change of interest rates by both sides, one up and the other down, that, or oil price change, or possible wars, or Brexit, ect. can make for fast and significant changes to exchange rates in seconds.

@@bipl8989 You did a good Job here.

@@NeutronSimon Thanks.

Why India dsnt Adopt Fixed currency system like Vietnam and other Countries,It benefits Strong ,Secure Economic Culture for Investements and Lifestyle of people

Sure...wrong

You probably didn't know the US has the most gold ...

I didn't

@@danhtran6401 there is no evidence. It has not been audited.

@@stevenambrose2787 No, this is accurate.

that is good info , thanks

Then according to your theory, the dollar would lose its value against Rupee as current inflation in US is 8% whereas 7% in India. But the exact opposite is happening, why?

@@shivamk81752 I meant over period of time. Look US has $100 bill as their highest currency before WW-I and still is. I am not sure if you knew that our Indian Rs100 was also the largest and I could buy a lot with it. Price of Vegetables, snacks, tiffin, meals, beer and everything was much lower 20 years ago in India and USA. but over all the prices of the Goods grew in all countries but was much more in India. You may not know this, but there are several countries that use USD as their currency. Currency Venezuela, even though they have their bolivar as their currency, they pretty much want to take Euro, USD, CAD etc.

We have the highest interest rate than america or canada or australia then why is there more inflation in india ? Mostly due to black money.

@@gowthamv7856 Yes Gowtham you are correct. Let me clarify a little more: Lets assume a person has 1cr black money (which means he avoided 50% tax on 50 lacks for couple of years) now the Indian Govt. increases interest rate to 12% on purchase of a home or condo. Normal people like you and me would have a problem to barrow and pay back the amount at 12% over 25 years. however the person with the black money will pay with the cash (tax abandoned) and he is still purchasing the real estate for 38% discount. hope it makes sense. Thanks

Yes,that's is true!!! Indeed.

Hows it fixed by USA & UK ?!!!!!

🤣🤣UNCLE IS WHATS APP UNVERSCITY STUDENT U FORGOT WTH MODI SAID RUPIYA GEERTA TOH DESH KEI IZZAT GERTE HAI🤣🤣

Why not? Because NO ONE will surrender control of their currency to a bunch of random foreigners! The exceptions are where a smaller economy is so dominated by a larger partner that they trust that they just accept what is almost inevitable. Several Caribbean nations have pegged their currency to the US$ for this reason. But try to convince China that they should let the US govern their currency. Or get the US to let China control theirs! Get any of the G7 nations to allow Burkina-Faso or Venezuela to have a say in how their economy is regulated. I could go on, but I'm sure you agree that this is just not ever likely to happen. The EU uses the Euro as a common currency. You can use it anywhere in Europe and it's worth the same amount everywhere. This is sort of what you are asking for. But all changes to economic policy require a unanimous vote of all EU members! They are terribly slow to respond to any crisis. This is part of why Britain left the EU! With that said, I agree that having the US$ as the dominant trading currency does give the US an unearned advantage. I won't call it unfair because no one is forced to use it. But if they do, it leads to several benefits for the US Economy. We don't 'earn it' or 'buy it', but we sure take advantage of it.

Partially tied to gold and partially tied to what else? How does that make all economies compete on equal ground? Particularly economies in turmoil. Also, as the USD is the world reserve currency, how does that give the US an advantage? It could also be a disadvantage. As an example, a strong dollar makes US exports expensive and imports inexpensive. Container loads of cheap goods from China floods US markets while those same containers return to China empty, creating a trade deficit. That has been going on for years, weakening the US economy.

@@howiescott5865 usa does not get advantage by usd ? 💀💀💀💀 Bruhhh

@@howiescott5865 usa literally give us paper in return of our hard worked products 😪 How usa consum 25 % of world's food supply?. Have u ever thought? No more neo imperialists enough is enough we will soon ditch the green toilet paper just wait and watch! And you usa citizen will also feel the hit cuz you guys did nothing ! Your greedy govt. Destroying peoples lives by Sanctions and lots of ways ! Really it's a shame to see one Human treat another human so badly ! U guys normal things are like luxury for us ! U can't even imagine!

@@howiescott5865 it will be Partially tied to gold and partially tied to economic performance. Those economies that have gold reserves will use it to bail out their economies while those with strong export will have no need for gold. The US has an undue advantage as the trade deficit will affect the US differently as do other countries. The US keeps printing dollars to support its economy while other countries do not have the power to print dollars. The US should be made to compete on the same level as every country if we have a different currency as an international currency outside of dollars.

Why India dsnt Adopt Fixed currency system like Vietnam and other Countries,It benefits Strong ,Secure Economic Culture for Investements and Lifestyle of people

Historically gold & silver are some of the worst investments you can make in the long run. Both stocks (blue chip) and real estate offer much better historic returns. With gold & silver you are somewhat speculating on pending world events. US doesn't really mind the 'gold theorists' though. With any fixed commodity the people that buy early pay the lower price and the late comers pay the highest price. US holds more gold in reserve than China, Russia, India, and all BRICS combined. At the government level buy away and drive the price up, then the US can sell after the price is driven up 👍

@@froodtube The gold in Ft. Knox is long gone. Last true audit was many many years ago. G&S will hold value when the Blue Chip stocks crash with the coming recession. And real estate… depends where you live. My guess is that it will crash too. Only time will tell. Place your bets…

By importing gold and silver you are further giving away rupees which are otherwise used in local economic activity; gold and silver are savings and savings cannot buy ( stimulate ) economic activity unless it is spent

Answer is in your question itself. 😌. Country' Bank, Fed or Central, increases its interest rate, to attract FI ( Foreign investors). USA did it so. Almost all FI from India, pulling out their invested money and reinvesting in USA. Hence, USA is beneficial as USD is appreciated and becoming stronger against almost all other countries currency.

@@archanajha4458, do you know what happens if manufacturing drops because of high interest and most items had to be imported...?

And the world would rather do business with a DEMOCRATIC SOCIETY...NOT AN INDIAN DICTATORSHIP

@@stevenambrose2787 🤡 yeah China like democracy !

@@svanimation8969 CHINA IS COMMUNIST

@@stevenambrose2787 ofcourse! since the Indian government is thinking about dedolarisation, it's a dictatorship now!

Yeah. Exports play an important role of value. Here in India, Exports of goods are very less than the Imports compared to other countries.

Japanese yen is at 146.61per USD. But, Japan still has the 3 largest economy in terms of exports. It isn't the value relative to USD but the change in value relative to the USD that really matters.

vovo that's not how you measure currency strength.

100 Philippine peso = 140 indian rupee how much items can you buy?

@@nobilitas16 Well 32-35 INR for good quality of wheat flour. 650-700 INR for high quality almonds. 7.38 INR for a unit of electricity (in state with most expensive electricity cost). 20 INR for a 1L water bottle and 110 INR for 20L water can (from a premium brand) (not sparkle or something like that just plain old purified water). 12,000 - 20,000 INR for rent in most expensive city for fully furnished flat in good place. About 500 INR a month for 100-150 mbps unlimited broadband internet. 95-100 INR for 1L petrol and about 80 INR for 1Kg CNG (for vehicles) and about 60 INR for 1Kg LPG (gas for cooking). I think I got just about everything to compare like food, water, electricity, shelter, fuel and data.

No Shivam Shah, don't you know with the Russian invasion of Ukraine it set off the "The Hunger Games" world wide. Even now your country is clueless. A billion people will starve and India cannot do anything to stop it own decline because it supply chains are link to Russia and China.

Eu is worse now to usd 😅

@@rjclue2630 it's 85 black market

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No, what is happening is that American Baby Boomers (born 1943 to 1960) the last of them are all the retiring now. They are pulling all their investment money in immerging markets and buying US treasury bills. Sorry, but Russia, Brazil and other BRIC's nations only have a very small teeny tiny middle class so the can't invest in India. 93 million American Baby Boomers are gone from investing and all 11 of them from the BRIC's nations don't have the numbers to support you.

Problem with gold-backed: Jews hold most of the gold. Why do you think they NAME THEMSELVES Goldberg, Goldstein, Silver, Diamond, Green (like USD 💵)...

Do it. PLEASE! The rest of us cannot wait to watch the BRICS economies destroy themselves this way!

Good luck with that, the reason USD got widely trade because of stability and a big portion of this money used to for protection of trade route. Before Global Trade and World War 2, each countries have theirs own rules and "piracy" often the cases when going through other countries. US despite being criticize for 800+ military bases also brought forth the most stable period in history for Global Trading. Whether you hate US or not, you have to look at before and after US establish Global Trading.

@@johnwong5317 Nothing is permanent, USD going to the grave soon.

@@selvammaniamawasi697 So is the growth of China and theirs ambition. Quite frankly the supplies change move to other Asian countries would actually make USD even more stable for a while.

So why countries dont want to!easy to say!

Be careful what you wish for. China has artificially manipulated the Yuan to the USD to China's advantage. Just one of many reasons why tensions are rising between the US and China.

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No Sri, I shall tell you the unbias truth of what is happening to the Indian currency. You see investment was fueled by Americans. There is a generation called the "Baby Boomers" they were born just after World War II, from 1943 to 1960. That is 93 million Americans all retiring this year, in 2022. So they pulling their money out of investments and putting them in US treasury bills, because their less of a tax burden.

But that means their investment funds that invested in India are losing all their money. India was seen as an immerging market. So India is losing American investment and there is no other country that has such massive middle class like America not even India. That why the rupee will continue to fall.

@@mandarinandthetenrings2201 When dollar goes strong, money flows into US Treasury bonds and bills. When dollar goes weak, money flows into stocks and emerging markets. Only a dimwit will think that China or Russia will find success in alternate currency. These countries follow rogue policies and are ananthema to human rights and democracy. India will suffer if they have economic ties with a rogue nation like Russia. US is the best country for democracy, human rights and economy.

@@Ruby-4943 No Sri, you need to understand that you share a border with both China and Russia. Much of your economic policy is gear to keeping them happy and keeping them out of India politics and lands. But both countries are dying and India is now in big trouble much of your supply chains are with China. A lot of your oil is with Saudi Arabia and Russia.

@@Ruby-4943 Most Indian population doesn't want to be allies with America, but it will become more of ally because of China. India just a week ago signed a 400 million dollars weapons deal with the US and that did not include a billion dollar deal for US drones and missiles.

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Easy said and done. US is the biggest borrower in world. If we kick out $, we are in trouble. Many countries will become bankrupt.

💯

Enough of this nonsense. People come and go in private companies.

Fed central bank exports US inflation when US $ is strong against other currency exchange

Palki Sharma and Nadera Modi # 1 in India

Oh please just stop it now. I know she was good but nothing worth crying for. Let others do their job.

Palki is now with a Chinese Businessman

Are you from Mars? You know nothing about China super efficient manufacturing powerhouse at all

As an Indian I can say we cannot overtake China

@@mamacryright5740 Was it always that way? I have seen the decline of the rust belt. The only thing permanent is change. If Indians decide to do it, it will be done. It can be done.

@@mamacryright5740 55

🤣🤣YEH AGREE WTH U INDIA WILL BE SUPER SUPPLIER IN GOBBAR (COW DUNG)AND ANDHBHAKT LIKE U BUT PPL HV NUSIEANCE VALUE🤣🤣🤣

Palki comes in vidyadhan i guess. Sometimes it feels good listening to her

We're all dealing with inflation. In Canada it is severe supply issues and domestic feul prices upping prices of everything, which odd living somewhere that theoretically should be plentiful. Our dollar has historically always hovered bellow the American dollar, supposedly sort of good for our manufacturing industry. When our dollar years back went up in value we would lose that investment in that sector and for some reason the value was never seen at the purchasing level so it was of almost no advantage to the average person. The funniest example was books that always show Canadian and American dollars traditionally and even though our currency was about equal the large book stores still had the Canadian price on the books jacked high comparable to the American.

Bro Palki doesn’t want you . Go outside 😂

Oh please just stop it now. I know she was good but nothing worth crying for. Let others do their job.

You better watch Network 18. We also don't need you here. Go and fall for balki Or palki in Network 18. 🤮 you collect her vomit over there.

@@archanajha4458 true!! why are they crying for her? Like common you guys should be coming for news, not for her.

It is wrong to compare. What matters is content.

other way also true. when the value of the currency is high, its purchasing power also will be high

Why India dsnt Adopt Fixed currency system like Vietnam and other Countries,It benefits Strong ,Secure Economic Culture for Investements and Lifestyle of people