#Convertibility

[hgullapalli2000]

--Internationalisation of the Indian rupee--

If we achieve internationalisation of rupee it would be the biggest financial reform effort of Honorable PM Narendra Modi ji then it would be the most landmark reform in the history of independent India 🇮🇳 due to which Indian economy will emerge as the numer-uno economy 💱 in the world surpassing both USA 🇺🇸 and Chinese 🇨🇳 economy in nominal term by as early as 2030. 

US dollar is used as medium for settlement of international trade and as well as used as foreign exchange reserves that gives USA an extraordinary previledge to become the biggest consumption centre in the world with least unemployment rate in the history by printing dis-proportionate amount of dollars. It's a classic case of services and consumption driven economy- The model India has to follow rather than Chinese manufacturing led model. As India is a democratic country, it failed to push hard reforms required for manufacturing like land and Labour reforms, expenditure reforms etc to push infrastructure investment so there is a huge gap in manufacturing sector global competitiveness with China 🇨🇳 that is causing prolonged slump in manufacturing sector exports for almost a decade. Now with advanced communication technologies, India can become a service and innovation led economic 💱 powerhouse. To achieve this the most important pre-requisite is internationalisation of #Rupee. India 🇮🇳 has to take mantle of the global economy so as to power it through exponential rise of trade. Recently due to wrong policies of @federalreserve board resulted in excessive liquidity for certain period of time then severe liquidity contraction led to the fall of emerging market economies like Sri Lanka , Bangladesh 🇧🇩 etc. So GoI can utilise this opportunity to replace USD with #Rupee to control global liquidity by boosting global trade growth and prosperity. 

Due to latest digital payment technologies, digitisation of all trade transactions and rapidly rising India's share of the global trade our country can internationalise rupee far rapidly than we though before.  Previously, it use to take a decade to internationalise currency but because of UPI it would take few years.

With internationalisation of UPI or acceptance of UPI platform globally we can achieve internationalisation of #Rupee in an extremely swift manner replacing US SWIFT system globally with decentralised currency settlement system in #Rupee.

What will help GoI to internationalise #Rupee is:

1. Exponential rise in India's international trade .

2. Extensive service sector exports & #startupindia led innovations driving forex inflows.

3. High tech defence product exports that cements India's 🇮🇳 tech prowess to boost India's  engineering goods exports. India has to increase high-tech defence exports which will not only earn forex but also will create country's high-technology capabilites brand image, promote our engineering goods exports and strengthen #Rupee beyond imagination like USD.

If @RBI opts for swift internationalisation of #Rupee to facilitate international trade transactions  and eventually will go for implementation of full capital account convertibility as Indian economy is on the foothill of the greatest trade & economic growth never witnessed in the history of mankind.

For achieving the internationalisation of #Rupee, GoI should know one thing is that the country needs to achieve full capital account convertibility (FCAC) which is the most important pre-requisite.

Other important pre-requisites to achieve #rupee internationalisation:

1. Drastic reduction in the fiscal deficit which reduce current account deficit (Twin Deficit) led fall in #rupee value. 

2. Extensive fiscal-monetary co-ordination to reduce inflation.

3. Extensive core sector reforms like Electricity Amendment bill, Labour and Land acquisition reforms, banking and financial reforms, big privatisation efforts to boost global competitiveness of Indian 🇮🇳 manufacturing.

4. Very high and efficient public capex on highly productive and high impact infrastructure sector by reducing subsidies and drastically increasing tax/GDP ratio. 

5. No freebies like free electricity. 

6. Cutting popular subsidies like food and fertilizer. 

This GoI move of internationalisation of #Rupee many benefits will flow into the Indian 🇮🇳 economy so that it can hit multiple birds in one stone by allowing oil trade settlement in the local currency with Russia 🇷🇺 , Iran 🇮🇷 , Iraq 🇮🇶 etc so that the trade surplus money  should be allowed to invest in GoI treasury.

1. This will mobilize huge flood of foreign savings for investment in India in an orderly fashion.

2. Reduce downward pressure on #Rupee substantially. 

3. Reduce need for foreign exchange reserves due to settlement of trade in domestic currency. 

4. Allow hostile oil  exporting nations to USA 🇺🇸 can divert their forex reserves away from US dollar so that they can circumvent US sanctions. 

5. This move will reduce local bond yields which in turn can help GoI to spend extensive amount of money on infrastructure. 

Internationalisation of #Rupee will not only boost services and consumption led economy 💱  of India 🇮🇳 but also it will also turbocharge the global economy in high gear which will eventually end the world's dependence on US 🇺🇸 consumers and dollars  for growth. It will power global  trade eventually pulling 2 billion people out of poverty in the world 🗺 by 2030 becoming the biggest consumption centre in the world to emerge as #vishwaguru & propagate 'वसुधैव कुटुम्बकं:'.

--

Dr. Gullapalli H.S.

20/08/2022

( My blog site www.hgullapalli2000.tumblr.com and Twitter ID @GP4IND)

[lygma-nygma]

Learning that Jason was Red Robin first (during Countdown to Final Crisis) and that Tim actually stole that name and costume has made my entire week. Honest to god Tim Drake is the funniest character of all time. Imagine getting your ass beat for stealing from a guy and then doing it again anyway, top-tier character choice. I think he should take Red Hood next.

[ink-the-artist]

Rabbits

Some bonus art, I initially started making this in a totally different art style but changed my mind about halfway through lmao, here are the parts I finished

[officialspec]

i always roll my eyes a little bit when someone openly looks down on people who are religious/spiritual. ur telling me youve never made a wish before?? never sent a little prayer out into the universe???? get real

[sangled]

pomni: why does the moon call u babygirl

[ohmyglobwhatthefrickamievendoing]

The fact that izzy apparently just hangs out in stede's room doing his own thing is so funny because what's he gonna do when stede&ed start fucking?? they're gonna have to lock him out of the bedroom like the family dog that's yowling at the door

[8pxl]

made more cross stitch patterns ✨ check em out here

[lightasthesun]

Comprehensive Lexicon Guide for First-Time SW Fic Readers:

Flimsi/Flimsiplast = Paper

Flimsiwork/Datawork = Paperwork

Stylus = Pen

Datapad = Tablet

Comlink/Comm = Communication Device/Phone

Binders = Handcuffs

Chronometer = Clock

Spectacles = Eyeglasses

Chrono = Watch

Conservator = Refrigerator

Caf = Coffee

Nerfburger = Hamburger

Blue milk = Milk (literally blue)

Hubba chips = French Fries

Sweet roll = Doughnut

Flatcakes = Pancakes

Tabac = Tobacco

HoloNet = World Wide Web

Holovision/HoloTV = Television

Holodrama/Holovids = Movie/Videos

Holocamera/Holocam = Camera

Holomap = three-dimensional map

Holojournal = Newspaper

Holocube = Picture frame

Holotable = Projector

Holoscanner = X-ray machine

Holojournalist = Reporter

Flatholo/Holograph = Photograph

Sonic Damper = Active Noise Cancellation

Refresher/Fresher= Bathroom

Sonic Bath = Bath

Sanisteam/Sonic shower = Waterless Shower

Hydrospanner = Wrench

Hydro Flask = Water Bottle

Power Cell/Energy Cell = Batteries

Authorization Chip = Decryption key

Datatape = Disk

Datastick = Flash drive

(Personal) Com Code = Phone number

Datachip = SD Card

Synthflesh = Synthetic skin

Glowrod = Flashlight

Sparkstick = Match

Slugthrower = Gun

Slug = Bullet

Vibroblade = a blade that can vibrate at high frequencies, increasing its cutting power and penetrating ability (tactical knife)

Rangefinder = Rifle scope

Turbolaser = Cannon

Ion pike/Vibropike = Spear

Electro Staff = Stun baton

Blaster = Pistol/Rifle

Stun Blaster = similar to a Taser

Landspeeder/Airspeeder/Speeder = Car

Turbolift = Elevator

Slideramp = Escalator

Starfighter = Fighter jet

Rotorcraft = Helicopter

Hoverpack/Jetpack= Jet pack

Speeder Bike = Motorcycle

Skylane = Traffic lane

Railspeeder/Hovertrain = Train

Power Chair/Hoverchair= Wheelchair

Windscreen = Windshield

Podracing = Car racing

Dejarik = Chess

Sabacc = Poker and Blackjack combined

Galactic Rebels = Combat simulator

B'shingh = Dungeons and dragons

Jizz = Jazz music

Wailer = Singer (ie. Jizz Wailer)

Cantina = Bar or Pup

Para Sailing = Paragliding

Aurebesh = Alphabet

Credits = Money

Sleeping Pallet = Bedroll

Naming Day = Birthday

Youngling = Child

Galactic Basic Standard/ Basic = English

Medkit/Medpac = First aid kit

Hypo = Syringe

Medic/Healer = Doctor

Medcenter = Hospital

Bactapatch = Bandaid

Nanoweave = Fabric

Transparisteel = Glass

Plastifoam = Packing material

Durasteel = Steel

Plasteel = Plastic

Duracrete = Concrete

Slicer = Hacker (slicing = hacking)

Identikit = Passport

Minder = Therapist

Synthleather = Vinyl

Viewport = Window

Cooling Unit = Air-conditioning

Honeydarter = Bee

Slythmonger = Drugdealer

Spice = Drugs

Stimpill = Caffeine pill

Power Socket = Plug

Cutters = Scissors

Cycle = Day

Standard Cycle = 24h

Standard Week = 5 days

Standard Month = 35 standard days

Standard Year = approx. ten months

Tenday = literally ten days

Cigarras/Smokes = Cigarettes

Click = Kilometer or 'a moment'

Parsec = a unit of distance

Tweezers/Clanker/tin head/tinnie = Droid

Separatist = Seppie

Promise Ring = Wedding Ring

Body Glove = Jumpsuit

Slicksuit = Wet suit

Civvies = Civilian clothing

Carbonite = a metal alloy used to freeze a person in a state of hibernation

Hyperdrive = device that allows a starship to travel faster than lightspeed

Moisture vaporator = device that can extract water from the air, commonly used on tatooine

Glareshades = Sunglasses

Gasser = Gas Oven

Repulsorlift = technology that can create an anti-gravity field and is used for levitating heavy objects

Heating unit = Heater

Utility Droid = Roomba

Sunbonnet = a Clone trooper helmet

Bad Batcher = a defective Clone Trooper

Banthabrain = birdbrain/ a stupid person

Bantha fodder = waste of space/nonsense

Blast! = word of exclamation

Blasted! = s.o in anger or annoyance

Blaster-brained = dimwitted

Blaster fodder = cannon fodder

Blast off = Piss off

Brainless = Stupid

Bug/Bugger = used to refer to Geonosians

Forceforsaken = godforsaken

Full of Poodoo = full of shit

Poodoo = Shit

Kriff = Fuck

Jedi scum = derogatory term for jedi

Kark = derogatory expletive

Larty = LAAT/i gunship

Laserbrain = insult

Meat droid = derogatory term for Clone Troopers

Redrobes = Palpatines guard

Rookie/Shinie = newly recruited Trooper

Scum = insult to refer to bounty hunters/rebels

Sharpie = Sharp-witted

Sithspawn/Sithspit/Hellspawn! = expletive

Sleemo = Slimeball

Son of a bantha = insult

Wizard! = Cool

Spaced = dead

Hutt-spawn = Bastard

Karabast = exclamation of dismay

Stang = Crap

Buckethead/Bucketbrain = derogatory term for Stormtroopers

Bucket = Helmet

Nat-born = Natural Born

Roger Roger = affirmative/copy that

Droid poppers = EMP grenade

Sitrep = short for situation report

Backwater Planet = any planet that isn't part of the core system

Holocron = device that can project a three-dimensional image of a person/object and is used for communication or entertainment.

Kessel Run = a risky Operation. Commonly used as a metaphor in impossible situations.

Thermal Detonator= device that can create a powerful explosion like a grenade or bomb

Ray Shield/Energy Shield = creates a (protective) barrier

Rebreather = device that allows a person to breathe underwater or in toxic environments

Phrases:

Wild goose chase = wild bantha chase

That's bantha shit = that's bullshit

As slippery as a greased Dug = untrustworthy

Credit for your thoughts = penny for your thoughts

Cut the poodoo = cut the crap

to get your gills in a twist = get upset about something

Holy mother of meteors = holy mother of god

Oh my skies/ Oh my stars = exclamation of surprise

Stars' end! = exclamation of disbelief

What in the blue blazes = exclamation

When Geonosis freezes over/When it snows on tatooine = extremely unlikely

Who pissed in your power supply = who pissed you off

Blast it = damn it

By the maker = exclamation of surprise

Great karking Dragon = expression of disbelief

Lothcat got your tongue = equivalent of 'cat got your tongue?'

Sod it = expression of frustration

[egophiliac]

(almost) four years in, and I finally had time to draw something for the anniversary! woo! 🎉🎉🎉

[bixels]

I just... wanted to be your friend.

[fromgoy2joy]

I sat next to the protest today.

I wrote fan-fiction about two gay jewish dads raising children to the play list of the chant- "No peace on stolen land!" on an American college campus. It isn't a name brand one either, nor does it have any legitimate ties to Israel. The anger is just there- it has rotten these future doctors, nurses, teachers, and members of society.

I don't even know what to call their demonstration- it was a tizzy of a Jew hatred affair. At points, there were empathetic statements about Gazans and their suffering. Then outright support of Hamas and violent resistance against all colonizers. Then this bizarre fixation on antisemitism while explaining the globalists are behind everything.

"Antisemitism doesn't exist. Not in the modern day," A professor gloated over a microphone in front of the library. "It's a weaponized concept, that's prevents us from getting actual places- ignore anyone who tells you otherwise."

"How can we be antisemitic?" A pasty white girl wearing a red Jordanian keffiyeh gloats five minutes later. "Palestinians are the actual semites."

"there is only one solution!" The crowd of over 50 students and faculty cried, over and over.

"Been there, done that," I thought, then added a reference to a mezuza in the fourth paragraph.

Two other Jewish students passed where I was parked out, hunching and trying to be as innocuous as possible. We laughed together at my predicament, where I am willingly hearing this bullshit and feeling so amused by this.

"Am I crazy? For sitting here?" I asked them. My friends shook their heads.

"We did the same last week- it's an amazing experience, isn't it?”

We all cackled hysterically again. They left to study for finals. Two minutes later, I learned from the current speaker that “Zionism” is behind everything bad in this world.

Forty-five minutes in, a boy I recognized joined me on my lonely bench. He came from a very secular Jewish family and had joined Hillel recently to learn more about his culture. His first Seder was two nights ago.

He sat next to me, heavy like the weight of the world was on his shoulders. There was just this despondent look on his face. I couldn’t describe it anyone else, but just sheer hopelessness personified.

“They hate us. I can’t believe how much they hate us.” He said in greeting.

And for the first time all day, I had no snarky response or glib. All I could do was stare out into the crowd, and sigh.

[redrobin-detective]

I can't stop thinking about how funny it is that Aang had all this secret lore on Zuko because of the Blue Spirit that he just, didn't share with the Gaang. That boy knew that Zuko was capable of fighting extremely well without bending, was excellent with swords and unnaturally good at infiltration and espionage. And then just never brought it up.

Katara's yelling at Zuko on how he thinks he'd be able to find and break into the Sun Warrior Temple while Aang is fidgeting in the background. Sokka starts giving Zuko a hard time about his swords, asking if a spoiled prince would know how to use them. Aang is vibrating unsure of how to explain that Sokka Might Die if he tried to swordfight Zuko unprepared but now its been too long and it'd be super awkward to bring up.

[ansburg]

Now, perhaps we might try a more — intimate style.

[ym523]

🩸CW: Blood 🩸