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India Abandons US Dollar In Trade Deal With Malaysia
trending politics ^ | April 1, 2023Updated:April 1, 2023 | By Paul AubertApril 1,

Posted on 04/01/2023 7:58:32 PM PDT by RaceBannon

Trade between India and Malaysia is now able to be settled with Indian Rupees, the India Ministry of External Affairs (MEA) announced in a statement Saturday.

This move strikes a blow to the hegemony US dollar. “This initiative by the Reserve Bank of India (RBI) is aimed at facilitating the growth of global trade and to support the interests of the global trading community in Indian Rupees (INR),” the statement from the MEA reads.

(Excerpt) Read more at trendingpoliticsnews.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: china; debt; debtclock; dedollarization; deficit; dollar; h1b; itistolaugh; mmt; moneyprinting; ntsa; petrodollar; russia; trade
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To: vmpolesov

thanks!


61 posted on 04/02/2023 4:20:02 AM PDT by RaceBannon (Rom 5:8 But God commendeth his love toward us, in that, while we were yet sinners, Christ died for )
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To: ProgressingAmerica

I see your point. But what if we look at evil as the easy way and good as the hard way.

(e.g. it’s easy to rob a bank, hard to work for 45 years)

It’s easy to send our kids to school, hard to homeschool.

It’s easy to leave politics to the “pro’s”, hard to critically think on it and develop understanding.

It’s easy to let junior have his way, hard to discipline and teach him to be a man.

It’s easy to get a divorce, it’s hard to stay married for life.

It’s easy to blame others.... it’s hard to take responsibility.

Guess this is just a roundabout way of asking: who fostered the development of the “progressives”?

Who provided fertile ground for the Communist seed to take root?


62 posted on 04/02/2023 4:24:35 AM PDT by Sarcazmo ("Sarcasm is the highest form of wit" ~ O. Wilde)
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To: ClearCase_guy

No wonder SF is talking about giving coloreds $8 million each. That much will get you a 40 oz malt liquor and a fried chicken leg from the convenience store.


63 posted on 04/02/2023 4:26:29 AM PDT by Old Yeller
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To: Rural_Michigan

Neither side of the aisle has the cojones to do the only logical thing, which is to stop printing money and return the dollar to the gold standard. That’s how the dollar gained the prestige it once had.


64 posted on 04/02/2023 4:28:59 AM PDT by Eleutheria5 (Every Goliath has his David. )
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To: Sarcazmo

See, you underscore my point. Nobody wants to have a solution when the solution runs up against their interests. How do you think anything is going to get paid for when the interest on the debt might rise to $1.5 trillion dollars/year?


65 posted on 04/02/2023 4:52:41 AM PDT by Jonty30 (It is not how many that go into Mexico that counts. It is how many that return from Mexico.)
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To: Soul of the South
And don't forget to divest yourself of the faggotry brought on by the left.

And to seek out the treasonists and the inside traders in DC. and give them the justice they deserve before the entire nation..

66 posted on 04/02/2023 5:17:14 AM PDT by unread ("It's not enough that we do our best; sometimes we have to do what's required." W. Churchill.)
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To: TTFX

nope
we shot ourselves in the foot
stolen elections have consequences


67 posted on 04/02/2023 5:22:26 AM PDT by SisterK (the final variant is communism)
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To: TTFX

A lot of folks here have a million things they think are impossible.

Rarely do they apologize when the real world intervenes and proves them wrong.


68 posted on 04/02/2023 5:30:16 AM PDT by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: Soul of the South

See post 16.

Once you fall off the cliff there is no climbing back—all you can do is enjoy the view on the way down....


69 posted on 04/02/2023 5:32:41 AM PDT by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: Jonty30

Ah, I see.

I think the solution is to cut bait, privatize what can be privatized and suck it up. Got swindled by our ancestors. good one, gramp.

I would take it pretty bad.

But I bet that’s not whats going to happen. They’re not done robbin’. I think they’ll be coming for my 401k too.


70 posted on 04/02/2023 6:31:41 AM PDT by Sarcazmo ("Sarcasm is the highest form of wit" ~ O. Wilde)
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To: Soul of the South

All things that are not going to happen while the devils have the grip. The destruction is done, we are just hanging on by a thread.


71 posted on 04/02/2023 6:36:08 AM PDT by dforest (All of America has derailed.)
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To: ClearCase_guy

You open the oil spigots and sell internationally even if you are trying to strangle fossil fuel use domestically. The money will flow where the oil and gas is cheapest or is most plentiful. Coal as well. It will be the only way to pay our debts.


72 posted on 04/02/2023 6:41:06 AM PDT by mdmathis6 (A horrible historic indictment: Biden Democrats plunging the world into war to hide their crimes!)
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To: ClearCase_guy

You open the oil spigots and sell internationally even if you are trying to strangle fossil fuel use domestically. The money will flow where the oil and gas is cheapest or is most plentiful. Coal as well. It will be the only way to pay our debts.


73 posted on 04/02/2023 6:41:33 AM PDT by mdmathis6 (A horrible historic indictment: Biden Democrats plunging the world into war to hide their crimes!)
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To: Jonty30

That would be a depopulation schemers wet dream wouldn’t it
? For old people just to give up on getting any of their money back and basically langusih in the streets and die? I’m just talking about just getting their straight payments back....not just ongoing payments above and beyond what they paid over their life times due to so called interest.


74 posted on 04/02/2023 6:53:12 AM PDT by mdmathis6 (A horrible historic indictment: Biden Democrats plunging the world into war to hide their crimes!)
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To: Night Hides Not

Send India’s guest workers home.


75 posted on 04/02/2023 8:26:39 AM PDT by bobcat62
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To: RaceBannon

Another Biden achievement. What a leader!


76 posted on 04/02/2023 8:29:12 AM PDT by Colorado Doug (Now I know how the Indians felt to be sold out for a few beads and trinkets)
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To: RaceBannon

One day (projections are in 2027) India will have a greater population than China. Couple that with increasing military armament and the fact that 10 percent of the WORLD’s Muslims reside there and India will become a bigger enemy to the US than China.


77 posted on 04/02/2023 8:30:49 AM PDT by Gaffer
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To: henkster

Seemingly, according to plan


78 posted on 04/02/2023 8:41:31 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: bobcat62
Send India’s guest workers home.

And their parents and grandparents, too. Multigenerational families live in one house. Grandma and grandpa are there for providing childcare for their kids. No effort is made to assimilate.

79 posted on 04/02/2023 8:42:44 AM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: RaceBannon

All those work visa for Indians need to dry up, starting yesterday.


80 posted on 04/02/2023 9:11:58 AM PDT by curious7
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