Inflamed_Hemorrhoid t1_je1fs60 wrote
Reply to comment by elshankar in Rupee races to replace dollar: Egypt latest entrant to club of countries wanting to trade in INR by CoolestGuyOnSaturn
Even a simple google search would tell you its 241% more expensive in the US and you could have saved yourself the embarassment. But fine, here's an easy example your Yank brain should be able to understand.
An Egyptian buying a pair of jeans from the US would spend $46.45 USD or 3,818.48 Rupees which turns out to be 1435.31 Egyptian Pounds.
Buying that same pair of Jeans in India costs $27 USD or 2,219.48 Rupees which would be 834.31 Egyptian Pounds.
If you still don't get that India is cheaper then you're brain damaged or something. Prices are based on what the market is willing and able to support, not what the value of the USD is lmao. Go back to school and learn Economics 101 or something cause "supply and demand" and how the market works is all stuff that we covered in High School.
elshankar t1_je1gw5l wrote
I get that the cost of living in India is cheaper, that's not what we're discussing. We're discussing that the value of Indian Rupees are more volatile than USD and you have a better chance of your Indian Rupees losing value than the USD.
If the value of the rupee:USD suddenly went from 82:1 to 2000:1, do you think the cost of the jeans in rupees would remain the same?
Inflamed_Hemorrhoid t1_je1hvei wrote
Do you think the value of the USD will always be stable when its no longer the reserve currency? Do you think India's Rupee will still be as unstable when the US is no longer the default currency?
I don't think these countries really care about whether it will always cheaper or not. They value ending the US's monopoly far more than they value cheap stuff. India has a billion people and far more economic potential than the US, whose population, economy and power is in a steep decline.
The American empire is over and all of this is just cope from people who can't handle it.
elshankar t1_je1kerr wrote
> I don't think these countries really care about whether it will always cheaper or not.
So you think India is buying Russian oil for some reason other than it being cheaper?
Inflamed_Hemorrhoid t1_je1lp2i wrote
No they're literally just buying it because its cheaper lmao That's all that matters in the end. You were the one who was acting like there was something more happening than just buying cheaper stuff.
Nothing you've said changes the fact that the value of USD doesn't matter. All that matters is the value of other currencies vs the Rupee. I know yanks think they are the center of the world and everything is about them, but its not. If the US disappeared tomorrow and everyone there were vaporized in a nuclear war, the rest of the world would move on.
elshankar t1_je1q1la wrote
Haha, you must have missed the quote from your previous post where you said things being cheaper don't really matter because the hatred for the US outweighs cheaper prices. But now, just a few minutes later, cheaper prices are all that matter in the world. For having such a big brain, you're having a hard time keeping your argument straight.
>If the US disappeared tomorrow and everyone there were vaporized in a nuclear war, the rest of the world would move on.
Agreed the rest of the world would move on; however, at that point there would be very few people alive in the world and dollars or rupees would have very little importance, if any.
Good luck in the apocalypse my friend.
ArmChairAnalyst86 t1_je2m5i6 wrote
As an American, I am always shocked by how many people justify their own ugliness and hate by pointing to America. If nothing else, America's hypocrisy gives you a nice big red bow on your casual suggestion that 330 million people dying would be a nice thing in a currency thread. Funny how hate works isn't it?
Bad human behavior is bad human behavior. Use whatever enemy real or imagined necessary, but if you're so open with your own hate, you're no better. You're just another savage with a different flag, or maybe the same one I don't know.
Clamoring for nuclear annihilation of anyone doesn't make you better. It makes you worse. America won't fall, though. Entering into an era of war will only further serve American interests. Death by 1000 cuts was doable in times of peace, but in a time of war, good luck. Whether it's oil, gold, or otherwise, a desperate America will be happy to take it off someone's hands with not so much as an apology. Won't that be fun? The only way to beat her is from within.
kimchifreeze t1_je2q5b4 wrote
If nuclear war only affects the US, then there's no reason for other countries to be concerned then. Just freely drop nuclear weapons to solve all your problems. No externalities whatsoever!!
ArmChairAnalyst86 t1_je2tgd1 wrote
Of course, nuclear war doesn't happen in a vacuum. I'm not implying its a realistic scenario. I'm just shocked at the hate and hypocrisy of people who hate America's hypocrisy. I also wonder what their leaders are like? If they are any more or less corrupt and greedy. What would it look like if they held the same power and reach? Everyone thinks the world would be so much better off, but be careful what you wish for. They may just find that the US isn't the source of all their problems and inequities.
FullMetalMuff t1_je2zjrj wrote
I like it when you comment for you are so stupid yet so unaware of it
winowmak3r t1_je1oj6c wrote
Lol
You could say that about India too, right?
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