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This is why US is super power

Chalanachithram.com DB » New TF Industry Related » Archive through January 30, 2019 » This is why US is super power « Previous Next »
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Uno
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Username: Uno

Post Number: 4512
Registered: 03-2016
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Posted on Tuesday, January 29, 2019 - 08:03 am:       


Emc2:

who made US dollar as world currency



There is a big story..
in good old days..any country can issue/print currency to the extent of Gold reserves it holds ..
The US dollar bill or rather any country's was like a promissory note which offered to pay the worth of gold when presented to central bank..(Some dictator miffed of with US,one day said,he want to exchange Gold with the billions USD reserved his country was holding..but Fed reserve said..we don't have Gold reserves) US later changed the rules and said we will print currency based on Goodwill we hold and not based on Gold reserves ..and all countries followed
But during the petro boom in mid 20th century..the poor Gulf countries were forced by US to use USD as base currency (as it was the biggest consumer of oil) for trading crude oil
Since then crude oil is traded only with USD..and so the demand for holding USD reserves has become more important for oil importing countries and there by usage of USD in international transactions

If USD is replaced with other currency for crude oil trade,USD value will come down..and so the US dominance/economy

The reason why US wants to hold grip and dominance on the middle east countries

If major oil importing/producing countries like Russia,China,India,Japan,Turkey,Iran etc can come together and replace USD for crude oil transactions
 

Savyasachi
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Posted on Tuesday, January 29, 2019 - 07:43 am:       


Enigmatic:

Also looks like huawei has a lot of patents in 5g. Valla technology lekunda ela veltaro 5g ki chudali




5g is a bunch of specifications/bench marks defined by a consortium. different companies can achieve those bench marks in different ways,

for example att's implementation of 5g is different from Verizons and both of them started advertising that theirs is the best/original.

there are other big companies like Ericsson, Qualcomm, Intel, Nokia and Samsung. in Network transformation segment that are working on 5g .
 

Bumper
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Username: Bumper

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Posted on Tuesday, January 29, 2019 - 06:34 am:       

Boeing company india lo kuda edo defense project chestuntudi kada. They have to partner with the local company. So india kuda is theft chesthunatla?

Future lo india economy super power ayee chance untey mana medha kuda is theft ani padatharu emo
 

Emc2
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Username: Emc2

Post Number: 73310
Registered: 03-2008
Posted From: 74.96.198.115

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Posted on Tuesday, January 29, 2019 - 06:19 am:       


Nyk:

crude oil




kaadu US it self..evaro vachi power teesuko ani enduku cheptharu




It's ok

 

Nyk
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Username: Nyk

Post Number: 4572
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Posted on Tuesday, January 29, 2019 - 05:41 am:       


Emc2:

who made US dollar as world currency




crude oil
 

Emc2
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Username: Emc2

Post Number: 73309
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Posted on Tuesday, January 29, 2019 - 04:53 am:       

https://www.eenadu.net/newsdetails/16/2019/01/29/49947/China %E2%80%99s-new-tanks-so-advanced-its-soldiers-don%E2%80%99t- know-how-to-use-them

It's ok

 

Enigmatic
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Username: Enigmatic

Post Number: 2018
Registered: 11-2010
Posted From: 69.249.71.186

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Posted on Monday, January 28, 2019 - 10:16 pm:       


Emc2:



broadcom takeover of qualcomm aparu. broadcom is techincally not a chinese company.
 

Rocketk2
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Username: Rocketk2

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Posted on Monday, January 28, 2019 - 10:13 pm:       


Uno:

US is powerful because of USD,as it has become a bench mark currency for international trade.Once US dollar is replaced with gold or other currency,US domination my decline


my opinion as well. However, it is chicken or egg theory.
Dollar as reserve currency keeps US dominant but the reason dollar is reserve currency is because of US dominance (or stability)

Also the IP theft of China needs to be looked at more in detail. There is IP infringements ..but there is also Chinese intelligent business model that enabled them to force IP sharing in exchange for their consumer power
 

Emc2
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Username: Emc2

Post Number: 73307
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Posted on Monday, January 28, 2019 - 10:12 pm:       


Uno:




What ever is the reason, who made US dollar as world currency

It's ok

 

Emc2
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Username: Emc2

Post Number: 73306
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Posted on Monday, January 28, 2019 - 10:10 pm:       


Enigmatic:




Just do some research on broadcom

It's ok

 

Miniontada
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Username: Miniontada

Post Number: 3648
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Posted on Monday, January 28, 2019 - 10:03 pm:       

ee lekka indian defence lo eti ayuthundo ... feekisthan ki anni sera vestahremo... kadaa :-(
indian consumer private firmfs of india atieh pissa light anukondi

KCR praising YSR in Jan 2019
Modi AP ki Sesina AnyaayaM
Nara Chandra Babu my inspiration
 

Uno
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Username: Uno

Post Number: 4510
Registered: 03-2016
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Posted on Monday, January 28, 2019 - 09:54 pm:       


Emc2:




US is powerful because of USD,as it has become a bench mark currency for international trade.Once US dollar is replaced with gold or other currency,US domination my decline

China and Russia are pushing to replace USD with Gold or gold backed currency !
 

Enigmatic
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Username: Enigmatic

Post Number: 2016
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Posted on Monday, January 28, 2019 - 09:35 pm:       

Also looks like huawei has a lot of patents in 5g. Valla technology lekunda ela veltaro 5g ki chudali
 

Enigmatic
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Username: Enigmatic

Post Number: 2015
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Posted on Monday, January 28, 2019 - 09:32 pm:       

China was 2.5 trillion economy in 2006. Now they have been doing ip theft since a long time. Now the us ability to do any significant damage
Is limited as the chinese gdp is close to ua and they can weather any setbacks
 

Emc2
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Username: Emc2

Post Number: 73305
Registered: 03-2008
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Posted on Monday, January 28, 2019 - 09:29 pm:       


Enigmatic:




Enduku undadu, ee roju unna technology repu undadu kada

It's ok

 

Enigmatic
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Username: Enigmatic

Post Number: 2014
Registered: 11-2010
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Posted on Monday, January 28, 2019 - 09:16 pm:       

Chesina 20 yrs ki emi labham.peddaga peeke demi ledu.
 

Emc2
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Username: Emc2

Post Number: 73304
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Posted on Monday, January 28, 2019 - 09:14 pm:       

https://www.cnn.com/2019/01/28/business/huawei-charges/index .html

You like it or not

It's ok

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