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Capital Sum

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bellbottom
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Capital Sum  Reply with quote  

Hi, what factors govern the stating of capital sum for each country? India having a big capital sum, still having many states in poverty. Whereas, many of its neighbouring countries with zero capital sum, still living somewhat prosperous. Does a international governing organisation presides the capital sum stated for various countries? What determines the difference in currencies? 1$= 50rupees. Isn't it legalised corruption? What does the gold bricks signify in US banks?if not virtual money? - kunal
Post Wed Sep 17, 2008 3:41 am
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bellbottom
Contributing Member


Cash: $ 9.50

Posts: 41
Joined: 17 Jun 2007
Location: mumbai, india
Hmmm  Reply with quote  

The prices of general goods in india is very high. In old england, drinks and bread is free. Yester years, food in india used to cost below one rupee. In present, many still compete rich status by spending four rupees on buying a vada pav and a ticket to travel by train. In usa other than ferraris, mansions and hotels; the general commodities's prices are very low. If i would like to buy one dollar then i have to pay fifty rupees. It should have been that i give one rupee and receive fifty dollars in return on the basis of price value. What do you say? - kunal
Post Thu Oct 23, 2008 9:45 pm
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bellbottom
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Cash: $ 9.50

Posts: 41
Joined: 17 Jun 2007
Location: mumbai, india
Hmmm  Reply with quote  

Does the low prices of general commodities of usa markets on sale affects the wages of workers and the managements, if the sales went low? - kunal
Post Fri Oct 24, 2008 6:50 pm
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bellbottom
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Cash: $ 9.50

Posts: 41
Joined: 17 Jun 2007
Location: mumbai, india
Hmmm  Reply with quote  

Or does the USA government allots money to workers and management, if not cents for buying bidis...for buying a 15k$s car, a small house and a farm. Nevermind the occassional losses in the market. - kunal
Post Fri Oct 24, 2008 7:22 pm
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