CanadianMalodu Posted September 17 Report Share Posted September 17 23 hours ago, adavilo_baatasaari said: India lo internal ga inflation effect ledanipinchindi. Ante my trip from Airport to home is costing almost same since the last 4 years. US lo that trip is costing more every year. Internal ga India lo rupee purchasing capacity is the same ani naa feeling. US lo inflation is worse, the same product from few years ago is costing much more. But globalgaa INR vs USD rate is a different story. You are not feeling that because of the scale of population. But prices have been going up. Prices in restaurants have gone up and the quality has come down. US Inflation is more because, the Fed is printing $ at will. India gets some of that being tied to USD, but more inflationary pressure is due to outflow of monies and debt being written off as state expenditure. Quote Link to comment Share on other sites More sharing options...
futureofandhra Posted September 17 Report Share Posted September 17 research in india is zero everything imports i do not see rupee appreciation anytime anand mahindra acts like he supports but all his money goes to foreign universities reality of india only good thing is u get good service during retirement Quote Link to comment Share on other sites More sharing options...
CanadianMalodu Posted September 17 Report Share Posted September 17 34 minutes ago, futureofandhra said: research in india is zero everything imports i do not see rupee appreciation anytime anand mahindra acts like he supports but all his money goes to foreign universities reality of india only good thing is u get good service during retirement Research and imports have little to do with rupee price. Does Qatar do a list of research? They don't even have farm land. That's not how it works. Your currency can be pegged to whatever value your government and central banks want it to be. Indian governments chose to keep the value low to help in Indian exporters. India chose to be the back office for cheap labour, which is why most of the IT/ITES service industry exists. India does export pharmaceuticals as well. India does export grains and textiles as well. What we don't have is the trade balance. For that to be established, the manufacturing capabilities and capacity need to go up and need to leverage diplomatic clout to have business deals. It's a work in progress and will yield results with time. 1 1 Quote Link to comment Share on other sites More sharing options...
Sucker Posted September 17 Report Share Posted September 17 May be mana gen is last in India. Ind la retire avvali anukunte manchi hospital vunna plaaces lo oka kompa and retirement funds of course convert chesthe rich in India then travel and health ki pettukunte set. Mana porollu proper Vomericans ee gen lo. We are last gen half desi half vomerican we have relatives parents in India to visit mana porollu manam poyaka Ind side kuda chudaru. Ind la porolla kosam invest chesthe Buffon pakka aitham vallu kukka 10ngulu pakka ikkada pettaka akkada why ani. Many think Ind will be super it never happen. Gen changes mind lo pettukondi yevadiko chupimchadam kosam ante assam pakka later 1 Quote Link to comment Share on other sites More sharing options...
Sucker Posted September 17 Report Share Posted September 17 Ind won't change Inka 1000 years aina porollu never move there ikkada putti. Meeru Ind ki move iatharu or Ind la invest anukunta motham gabbu lepi 10ngaru COVID nundi. But in reality once we aren't gone mana porollaki torture Yem migaladhu taxes valla. 1 Quote Link to comment Share on other sites More sharing options...
futureofandhra Posted September 17 Report Share Posted September 17 11 minutes ago, CanadianMalodu said: Research and imports have little to do with rupee price. Does Qatar do a list of research? They don't even have farm land. That's not how it works. Your currency can be pegged to whatever value your government and central banks want it to be. Indian governments chose to keep the value low to help in Indian exporters. India chose to be the back office for cheap labour, which is why most of the IT/ITES service industry exists. India does export pharmaceuticals as well. India does export grains and textiles as well. What we don't have is the trade balance. For that to be established, the manufacturing capabilities and capacity need to go up and need to leverage diplomatic clout to have business deals. It's a work in progress and will yield results with time. qatar got gas n oil what r u talking man yes rupee value kept low but it does not mean that it beats usd 1 Quote Link to comment Share on other sites More sharing options...
CanadianMalodu Posted September 17 Report Share Posted September 17 17 minutes ago, futureofandhra said: qatar got gas n oil what r u talking man yes rupee value kept low but it does not mean that it beats usd Russia is way bigger than Qatar and has even more oil n gas.Then enlighten me how Russian Rouble is weaker than Rupee. Explain me how is Japanese Yen weaker than Rupee. What do you mean by "beats USD"? Where did I say it has to beat USD? By the same understanding please also explain me why British Pound is stronger than USD? 1 1 Quote Link to comment Share on other sites More sharing options...
VanceChilukuri Posted September 17 Report Share Posted September 17 12 minutes ago, Sucker said: May be mana gen is last in India. Ind la retire avvali anukunte manchi hospital vunna plaaces lo oka kompa and retirement funds of course convert chesthe rich in India then travel and health ki pettukunte set. Mana porollu proper Vomericans ee gen lo. We are last gen half desi half vomerican we have relatives parents in India to visit mana porollu manam poyaka Ind side kuda chudaru. Ind la porolla kosam invest chesthe Buffon pakka aitham vallu kukka 10ngulu pakka ikkada pettaka akkada why ani. Many think Ind will be super it never happen. Gen changes mind lo pettukondi yevadiko chupimchadam kosam ante assam pakka later Telugu lo matladocchu kada raja nuvvu ? Quote Link to comment Share on other sites More sharing options...
Sucker Posted September 17 Report Share Posted September 17 2 minutes ago, VanceChilukuri said: Telugu lo matladocchu kada raja nuvvu ? You are vomerican Shitizen kadha vaunty ardham chesko 1 Quote Link to comment Share on other sites More sharing options...
CanadianMalodu Posted September 17 Report Share Posted September 17 11 minutes ago, Sucker said: Ind won't change Inka 1000 years aina porollu never move there ikkada putti. Meeru Ind ki move iatharu or Ind la invest anukunta motham gabbu lepi 10ngaru COVID nundi. But in reality once we aren't gone mana porollaki torture Yem migaladhu taxes valla. Every country has its own pros n cons. If you're middle class in US, you will only be upper middle class in India. This goes true for 99% of F1 to H1B to Green Card. If you're in 1% top corporate honchos or mesthris or established businesses, you will fine either in India or US, but US has a bigger edge here. Taxes egavedam lo India lo janalu topulu. Which is why less than 1% pays income taxes. US lo IRS choli ke piche Kya hain, song ki dance veyistharu aa vishyam lo. US lo regular salaried employee aithe India kante better Quote Link to comment Share on other sites More sharing options...
Chittoorodu Posted September 17 Report Share Posted September 17 On 9/16/2024 at 10:25 AM, usetime63 said: Quite opposite, when our kids grow up , people in India will be well educated and diverse rather than here in US. At that time US passport is only worth just to visit different places without visas that's the only advantage. Wake me up when we get rid of rooted corruption. Till then there is no chance of whatever you said happening. Period 1 Quote Link to comment Share on other sites More sharing options...
Sucker Posted September 17 Report Share Posted September 17 4 minutes ago, CanadianMalodu said: Every country has its own pros n cons. If you're middle class in US, you will only be upper middle class in India. This goes true for 99% of F1 to H1B to Green Card. If you're in 1% top corporate honchos or mesthris or established businesses, you will fine either in India or US, but US has a bigger edge here. Taxes egavedam lo India lo janalu topulu. Which is why less than 1% pays income taxes. US lo IRS choli ke piche Kya hain, song ki dance veyistharu aa vishyam lo. US lo regular salaried employee aithe India kante better It's not about pros and cons Anna especially not about money. Ikkada puttina kids after us moving there or getting funds from there worst idea in my opinion. Nenu already anni sardhesthunna Ind nundi maa parents ki kavalasinavi vadhilesi. Naa personal opinion Anna naa case it never works ind la invest cheyyatam. I never invest in India cause I won't move there naa kids kuda move avvaru. Inka profits are joke in India like conversion happens. Peanuts Quote Link to comment Share on other sites More sharing options...
Chittoorodu Posted September 17 Report Share Posted September 17 On 9/16/2024 at 10:34 AM, Thokkalee said: The asset appreciation in India is huge… even when we consider inflation and rupee depreciation, the returns are very good compared to any assets in US… asset appreciation in US during the last 3-4 years during Covid is an anamoly Isn't it a known fact that when you combine inflation + appreciation + rupee depreciation(globally), US is a better investment? If anything - the last 5 years have been an anomaly globally. Most of the indians in the stock market haven't seen a real crash which wiped out half of the PPP TBH. Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted September 17 Report Share Posted September 17 8 minutes ago, Chittoorodu said: Isn't it a known fact that when you combine inflation + appreciation + rupee depreciation(globally), US is a better investment? If anything - the last 5 years have been an anomaly globally. Most of the indians in the stock market haven't seen a real crash which wiped out half of the PPP TBH. No.. properties appreciate much more in India than in US… for India’s population and limited land, the property prices will rise higher and higher.. Quote Link to comment Share on other sites More sharing options...
CanadianMalodu Posted September 17 Report Share Posted September 17 6 minutes ago, Thokkalee said: No.. properties appreciate much more in India than in US… for India’s population and limited land, the property prices will rise higher and higher.. Not necessarily. The appreciation is also due to inflation created at central level by Quantitative easing, compounded by inflation due to QE by Fed plus Reckless Capital expenditure by state governments, which are largely debt from international entities like World Bank and IMF so on. This is further compounded by black money being held in Assets. Quote Link to comment Share on other sites More sharing options...
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