Recent comments in /f/worldnews

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?

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Inflamed_Hemorrhoid t1_je1fs60 wrote

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.

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Inflamed_Hemorrhoid t1_je1d2dn wrote

Again, you've missed the point where none of them want anything from the US lmao They aren't buying stuff from India in US dollars. Nobody cares how much a US dollar is, they don't want a US dollar or anything in US dollars.

You know how money works, right? Do I need to explain how shopping works and how things are bought?

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Inflamed_Hemorrhoid t1_je1ark6 wrote

Except all your examples involves buying USD which none of those countries even want so why would they care about that comparison? They don't care about the yank stock market either. These things only have value to people who want to trade with the US.

Egypt needs 3 Egyptian Pounds to buy 1 US Dollar, and less than that to buy 1 Indian Rupee. So going by your logic, its better for Egypt to buy Indian Rupees than USD. They get more bang for their buck in India, just like everyone else does, not to mention all the moral and political value that comes along with undermining the US.

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SovietMacguyver t1_je1a4c5 wrote

Kiwi here, wish we would drop the stupid non nuclear stance. I agree that nuclear weapons are bad, but they arent going away.

We get no benefit from this stance except to take the moral high ground, to the detriment of our alliances.

Better to be able to use nuclear power if we so choose, especially in the face of fighting climate change.

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