May 9, 2015
https://www.facebook.com/mehtarahulc/posts/10152763102726922
If GoI stops taking debt in dollars , and stops pledging temple gold for FDI, the rupee will fall to Rs 200 for dollar, and IMO, it should !!! But FDI and debt will keep rising which will keep rupee between Rs 70 to Rs 60 for US$ 1 , and increase ability of West to blackmail India.
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Value of currency depends on volume of currency and strength of economy / military. Japanese currency has lower value , despite high strength of economy, because volume is high and Japanese Military is weak. US dollar has higher value because volume is moderate and economy and military are strong.
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To know volume of currency, pls find "rupee volume per Indian citizen" "dollar volume per US citizen". and "yen volume per Japanese citizen".
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Indian economy is NOT productive due to horrible courts and equally bad babudom. And Indian Military is weak becuase of poor weapon manufacturing, In fact, in terms of LOCALLY made weapons, now Indian society as whole is weaken than Pakistan !! And volume of Indian rupee is high. And so rupee is weaker against dollar.
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A short term medicine to keep rupee high is dollar debt and FDI. FDI and dollar debt increase supply of dollars without raising exports. And so rupee will strengthen. But this is like borrowing blood and not improving ability to make blood, abd borrowing blood with commitment to return blood with interest !!! FDI will raise exports, but all dollar earned will be consumed in profit repatriation . Further , the foreign companies may ensure that exports in material terms rise, but dollar input doesnt NOT rise, by UNDER INVOICING !!!
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FDI is mainly coming because NaMo has forced temples to hand over gold to SBI via nefarious gold bond scheme and SBI is using gold as pledge in case India is unable to repatriate dollars !!!
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If Govt decides NOT to allow FDI and not to take debt , then rupee will fall to Rs 200 for dollar !!! And IMO , it should. Because taking debt and FDI is postponing death and increasing ability of West to blackmail India. .
.
India is facing deficit of dollars. we should raise productivity and thus rais exports without FDI. I have listed my proposed solutions in chapter on "reducing foreign debt" in http://rahulmehta.com/301.htm .
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https://www.facebook.com/mehtarahulc/posts/10152763102726922
If GoI stops taking debt in dollars , and stops pledging temple gold for FDI, the rupee will fall to Rs 200 for dollar, and IMO, it should !!! But FDI and debt will keep rising which will keep rupee between Rs 70 to Rs 60 for US$ 1 , and increase ability of West to blackmail India.
.
Value of currency depends on volume of currency and strength of economy / military. Japanese currency has lower value , despite high strength of economy, because volume is high and Japanese Military is weak. US dollar has higher value because volume is moderate and economy and military are strong.
.
To know volume of currency, pls find "rupee volume per Indian citizen" "dollar volume per US citizen". and "yen volume per Japanese citizen".
.
Indian economy is NOT productive due to horrible courts and equally bad babudom. And Indian Military is weak becuase of poor weapon manufacturing, In fact, in terms of LOCALLY made weapons, now Indian society as whole is weaken than Pakistan !! And volume of Indian rupee is high. And so rupee is weaker against dollar.
.
A short term medicine to keep rupee high is dollar debt and FDI. FDI and dollar debt increase supply of dollars without raising exports. And so rupee will strengthen. But this is like borrowing blood and not improving ability to make blood, abd borrowing blood with commitment to return blood with interest !!! FDI will raise exports, but all dollar earned will be consumed in profit repatriation . Further , the foreign companies may ensure that exports in material terms rise, but dollar input doesnt NOT rise, by UNDER INVOICING !!!
.
FDI is mainly coming because NaMo has forced temples to hand over gold to SBI via nefarious gold bond scheme and SBI is using gold as pledge in case India is unable to repatriate dollars !!!
.
If Govt decides NOT to allow FDI and not to take debt , then rupee will fall to Rs 200 for dollar !!! And IMO , it should. Because taking debt and FDI is postponing death and increasing ability of West to blackmail India. .
.
India is facing deficit of dollars. we should raise productivity and thus rais exports without FDI. I have listed my proposed solutions in chapter on "reducing foreign debt" in http://rahulmehta.com/301.htm .
.
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