Nirmala Sitaraman is Right about the Rupee…(& wrong) | Akash Banerjee The Deshbhakt https://www.youtube.com/watch?v=fgEE4x44xqo

 Prime Time With Ravish | रुपया कमज़ोर नहीं, Dollar मज़बूत! वित्त मंत्री के बयान पर क्या है आपकी राय? Oct 17, 2022
https://www.youtube.com/watch?v=WH0txReapxw डॉलर को उसके हाल पर छोड़ दीजिए, उसने भारतीय रुपये को जितना कमजोर नहीं किया है, उससे कहीं ज्‍यादा भारत की राजनीति को झूठा बना दिया है. उसके नाम पर 2013-14 के साल में एक से एक कुतर्क गढ़े गए. इन कुतर्कों ने कई लोगों को नेता बना दिया.

De-dollarization Explodes Globally! 40 Countries Refuse to Use the Dollar! |Reject US Dollar https://www.youtube.com/watch?v=7ZfP3WSSlzA  Oct 13, 2022
U.S dollar is pegged to oil to become the world's only currency with devaluation risk hedging function, but if all the countries in the Middle East are no longer using the dollar for oil settlement, the dollar's dominance will suffer an unprecedented impact, and may even end the era of dollar hegemony.
Third, many countries to step up the transport back to gold. 
The Bretton Woods system made the U.S. dollar the only currency pegged to gold, and the U.S. became the world's economic hegemon, .
Fourth, the construction of a new international settlement system.

WE ARE WITNESSING A GLOBAL DE-DOLLARISATION SPREE August 17, 2022 https://internationalbanker.com/finance/we-are-witnessing-a-global-de-dollarisation-spree/ A March paper from the International Monetary Fund (IMF) found that the dollar still plays “an outsized role”.  its dominant role in global trade, international debt and non-bank borrowing still far outstrips the US’ share of trade, bond issuance, and international borrowing and lending..

China Is Quietly Trying to Dethrone the Dollar https://foreignpolicy.com/2022/09/21/china-yuan-us-dollar-sco-currency/ 
Regional groups and small banks are helping insulate Beijing against sanctions...At their recent summit in Uzbekistan, members of the Shanghai Cooperation Organisation (SCO)—a prominent regional organization led by China and Russia—agreed on a road map to expanding trade in local currencies.

India’s campaign for rupee trade finds fans from Russia to UAE https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-campaign-for-rupee-trade-finds-fans-from-russia-to-uae/articleshow/94454119.cms  The Reserve Bank of India in July announced a plan to allow overseas trade to be settled in rupees. The move will make it easier for Indian companies to trade with countries facing difficulties invoicing in the US dollar, such as Russia and Iran. It also aims to arrest the rupee’s plunge to an all-time low against the greenback and help reduce a trade deficit that has ballooned to a record. ..

What is the # 1 Export of the US to the world? https://www.youtube.com/watch?v=iIxKhF6ZLOs  Not pharma. Not sports cars. Not fintech services. It is INFLATION. Yes, the USA is exporting inflation to the entire world, and the consequences are being borne by you and me. Buying power is the key.. the us dollar is buying less per dollar  US has printed three times the currency, where as other economies like pound, India Rupess around 40% over the last four years.. 

 

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