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Thikka_sankara
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Username: Thikka_sankara

Post Number: 6014
Registered: 02-2012
Posted From: 86.5.184.189

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Posted on Saturday, August 17, 2013 - 11:07 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Bongaram:


http://www.hitxp.com/articles/economics/promise-pay-bearer-c urrency-history-federal-bank/



bane explain chesaadu... but towards the end... he fizzled out! He shouldn't have made any of those suggestions :D

1) 2004 lo bob samaikya andhra stand valla odipoyaadu not because of his performance in 2nd term

2) 2004 lo samaikya anna seemandhra lo dekha ledu.... 2009 lo separate andhra anna seemandhra lo dekha ledu... sooo seemandhra lo bob school katteyochhu
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Bongaram
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Username: Bongaram

Post Number: 4502
Registered: 04-2013
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Posted on Saturday, August 17, 2013 - 10:21 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:

petro-dollar ni explain cheddam anukunnadu .. kaani failed


ee link lo naa lanti pilla bacha gaadiki kooda ardham ayye la explain chesadu choodu evaro..

http://www.hitxp.com/articles/economics/promise-pay-bearer-c urrency-history-federal-bank/
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Gotcha
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Username: Gotcha

Post Number: 12232
Registered: 02-2008
Posted From: 98.227.186.192

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Posted on Saturday, August 17, 2013 - 10:15 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Mana Telugu Tejam Duvvuri ni pampesaru ani stock padipotundi. Kiki:-)
This Andhra real estate is for sale.
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Tilak
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Username: Tilak

Post Number: 18492
Registered: 02-2012
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Posted on Saturday, August 17, 2013 - 10:10 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Geohot:

USA IS THE CUSTOMER..the biggest in the world. no one can do ANYTHING to USA.. it uses all its tools up its sleeve to stop a country..by any means.. be it military or by financial or by embargo or even through UNO.. no one can stop USA for next few decades..


can this be false?

Bongaram:

Length ekkuva undi.. so can't type. kani useful ga undi.. not sure how far is true?


petro-dollar ni explain cheddam anukunnadu .. kaani failed ..

and not only USA .. now not many countries around the world are following a gold standard for their currency ..
A community that can break the country is no minority - Sardar Patel
"By education I am an Englishman, by views an internationalist, by culture a Muslim & a Hindu only by accident of birth." - Nehru
"Congress Mukt Bharat" - www.narendramodi.in
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Katthi
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Username: Katthi

Post Number: 9528
Registered: 07-2010
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Posted on Saturday, August 17, 2013 - 10:05 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

asalu Rupee enduku padutundi.. Doller enduku pergutundi ane dani mida india lo politics oo comedy range lo unnai..

adi bjp use chesukovadam.. langa comedy
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Bongaram
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Username: Bongaram

Post Number: 4498
Registered: 04-2013
Posted From: 106.51.167.8

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Posted on Saturday, August 17, 2013 - 09:53 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Dma:

China has that potential and some day - it will happen.


I think China has more dollar reserves than any other country. So, they can't afford to replace dollar even for their own currency.
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Geohot
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Username: Geohot

Post Number: 893
Registered: 03-2010
Posted From: 64.121.17.72

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Posted on Saturday, August 17, 2013 - 09:45 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Dma:




USA IS THE CUSTOMER..the biggest in the world. no one can do ANYTHING to USA.. it uses all its tools up its sleeve to stop a country..by any means.. be it military or by financial or by embargo or even through UNO.. no one can stop USA for next few decades..

China with this Trillion Dollar trading..will go to dogs, if USA stop from china and usa start manufacture in some latin america.. unless china developes internal market drastically..so it keeps quite to see USA hegemony..even usa has 18T loan..
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Nippu
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Post Number: 5669
Registered: 12-2008
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Posted on Saturday, August 17, 2013 - 09:30 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

It is already a lot more worth than it's current price.

China is artificially holding its value down for a loooong so their exports dont hurt.//


imports you mean ?
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Dma
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Username: Dma

Post Number: 10067
Registered: 11-2009
Posted From: 72.201.132.90

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Posted on Saturday, August 17, 2013 - 09:22 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Geohot:

mari ee lekhana China Yuan Renminbi value entha peragali?




It is already a lot more worth than it's current price.

China is artificially holding its value down for a loooong so their exports dont hurt.
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Geohot
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Username: Geohot

Post Number: 891
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Posted on Saturday, August 17, 2013 - 09:19 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

mari ee lekhana China Yuan Renminbi value entha peragali? because US goes to china for loan s bigtime.. but still you get 6 china Yuan Renminbi for each US Dollar...

Desi gallatho ide problem, they think india is super in all aspects.. bavi..mentality..
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Dma
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Username: Dma

Post Number: 10066
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Posted on Saturday, August 17, 2013 - 08:23 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

What article says is true.

In other words - As long as Dollar remains International currency, USA will never collapse.

As some countries trying, If some other currency becomes international currency, USA paristhiti Kukkalu chimpina Visthare...

China has that potential and some day - it will happen.
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Bongaram
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Username: Bongaram

Post Number: 4489
Registered: 04-2013
Posted From: 106.51.145.232

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Posted on Saturday, August 17, 2013 - 05:53 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Bongaram:

http://www.hitxp.com/articles/economics/promise-pay-bearer-c urrency-history-federal-bank/


evaru raasado kani aripinchadu explanation..

final para:

What Promise?
By the way, today’s paper currencies have no inherent value in them. Even though the Reserve Bank promises to pay the value mentioned in the notes, consider inflation. What you get for 100 Rupees today, if you have the same 100 Rupees three years from now its value will be less worth than what it was when you earned that 100 Rupees. So where is the promise? What is the promise all about?

Note that your money is not supported by any Gold or Oil. Its just a piece of paper. The moment you earn money convert it into something which has real value. For instance, buy Gold or invest in real estate. Because these things have real value in them. If you just end up saving your 10000 Rupees in a bank account, 5 years from now its value would have reduced due to inflation and would be worth probably only 7000! Understand the economics of money and play safe. Dont save money as cash, other than for the minimum amount required to face any eventual emergencies.
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Bongaram
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Username: Bongaram

Post Number: 4488
Registered: 04-2013
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Posted on Saturday, August 17, 2013 - 05:46 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


quote:

Iraq was invaded simply because Saddam Hussein had started accepting Euros instead of dollars to sell Iraqi Petroleum. This was a master blow to US economy and hence Iraq was invaded. The WMD which Saddam had was none other than Oil. After US invaded Iraq and dethroned Saddam the first thing it did was to revert back oil exporting currency of Iraq to dollars. Similary Iran is being threatened by US not because it has started Uranium enrichment programme but because it has started accepting Euros instead of dollars. Similarly Russia has started accepting its own Roubles instead of dollars to boost its own economy. Venezuela is also switching to Euros to export its Oil.

Iran, Venezuela and Russia account for about 25% of world oil exports, and if they do away with dollars, then there is a serious threat to dollar stability, and would lead to serious inflation and recession in US. UAE central bank has said that it will convert 10% of its dollar reserves to Euros. Even Kuwait and Qatar have hinted at the same. Sweden has brought down its dollar reserves from 37% to 20%. If there are no buyers for dollars, why will countries export their goods to US, what will they do with the dollars paid to them?


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Bongaram
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Post Number: 4487
Registered: 04-2013
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Posted on Saturday, August 17, 2013 - 05:42 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Thikka_sankara:


ee article lo baaga explain chesadu..

http://www.hitxp.com/articles/economics/promise-pay-bearer-c urrency-history-federal-bank/

by the way.. ippude RBI site lo choosa.. India kooda Gold ivvadu in return to money.

http://rbi.org.in/commonman/English/Scripts/FAQs.aspx?Id=5#1 1

What is the meaning of I promise to pay clause?

As per Section 26 of Reserve Bank of India Act, 1934, the Bank is liable to pay the value of banknote. This is payable on demand by RBI, being the issuer. The Bank's obligation to pay the value of banknote does not arise out of a contract but out of statutory provisions.

The promissory clause printed on the banknotes i.e., I promise to pay the bearer an amount of X is a statement which means that the banknote is a legal tender for X amount. The obligation on the part of the Bank is to exchange a banknote for coins of an equivalent amount.
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Thikka_sankara
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Username: Thikka_sankara

Post Number: 6010
Registered: 02-2012
Posted From: 86.5.184.189

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Posted on Saturday, August 17, 2013 - 05:00 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Bongaram:

ade kada.. antha simple solution aithe manam US ni easy ga bend cheyyachu kda.. yay.. maa cars nadapatam aapestam ani..

how about other countries purchasing oil from these nations? mari vaalla economies bane unnayi kada..




:D yepp its not adding up...... petrol koni vallaki in return chithhu kaagitham isthe maha prasaadam ani kallaki addukuntaaraa!

1) 2004 lo bob samaikya andhra stand valla odipoyaadu not because of his performance in 2nd term

2) 2004 lo samaikya anna seemandhra lo dekha ledu.... 2009 lo separate andhra anna seemandhra lo dekha ledu... sooo seemandhra lo bob school katteyochhu
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Thokkalohdi
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Username: Thokkalohdi

Post Number: 848
Registered: 01-2008
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Posted on Saturday, August 17, 2013 - 04:54 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Sodi laaga undi... Govt correct economic policies pettukovali kani petrol use cheyyoddu... Food thinaddu.. Lanti stupid concepts cheppaddu... Oil imports ekkuva aythey... Try to increase exports...
Ranbir Kapoor is god of acting
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Bongaram
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Username: Bongaram

Post Number: 4486
Registered: 04-2013
Posted From: 106.51.145.232

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Posted on Saturday, August 17, 2013 - 04:42 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Thikka_sankara:

article logic lo edo teda koduthondi... its not adding up


ade kada.. antha simple solution aithe manam US ni easy ga bend cheyyachu kda.. yay.. maa cars nadapatam aapestam ani.. :D

how about other countries purchasing oil from these nations? mari vaalla economies bane unnayi kada..
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Thikka_sankara
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Username: Thikka_sankara

Post Number: 6007
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Posted on Saturday, August 17, 2013 - 04:22 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Bongaram:

https://www.facebook.com/photo.php?fbid=636180483079879&set= a.429745727056690.98275.156669631030969&type=1&theater

Length ekkuva undi.. so can't type. kani useful ga undi.. not sure how far is true?




article logic lo edo teda koduthondi... its not adding up

1) 2004 lo bob samaikya andhra stand valla odipoyaadu not because of his performance in 2nd term

2) 2004 lo samaikya anna seemandhra lo dekha ledu.... 2009 lo separate andhra anna seemandhra lo dekha ledu... sooo seemandhra lo bob school katteyochhu
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Bongaram
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Username: Bongaram

Post Number: 4481
Registered: 04-2013
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Posted on Saturday, August 17, 2013 - 04:16 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

https://www.facebook.com/photo.php?fbid=636180483079879&set= a.429745727056690.98275.156669631030969&type=1&theater

Length ekkuva undi.. so can't type. kani useful ga undi.. not sure how far is true?

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