@elonmusk Interesting thought. Ancient Vedanta explored a similar idea long before modern simulation theory. It teaches that the physical world is an appearance experienced through consciousness, while the underlying reality is different. You might find it fascinating.
On the occasion of 75 years of the inauguration of the restored Somnath temple by the then President of India, Dr Rajendra Prasad on May 11th, Hon'ble Prime Minister Shri @narendramodi pays a glowing tribute to those who laid down their lives to protect Somnath and those who rebuilt it time and again .
Inspired by the principle of ‘Vikas Bhi, Virasat Bhi’, from Somnath to Kashi, Kamakhya to Kedarnath, Ayodhya to Ujjain, Trimbakeshwar to Srisailam, the Government of India under Prime Minister Modi has had the opportunity to equip our spiritual centres with the latest facilities while at the same time preserving their traditional character. This, along with efforts to improve connectivity, ensures more people can visit them.
Never in my wildest dreams did I think we’d have
- Bill Gates
- Sam Altman
- Mukesh Ambani
- Sundar Pichai
- Jensen Huang ( CEO of NVIDIA )
- Arthur Mensch ( CEO of mistral Ai )
- Bipul Sinha ( CEO of Rubrik )
- Harshil Mathur ( CEO of Razorpay )
- Jeet Adani
- Julie Sweet ( CEO of accenture )
- Kunal Bahl
- Matthew Prince ( CEO of cloudflare )
and alot more....
under one roof in New Delhi!!
See y'all on 16th feb.
DECOUPLING FROM DOLLARS
The US sends India billions in printed dollars for valuable goods. This is actually the US government ripping off India, like it does Vietnam, and everyone else, including its own citizens...not vice versa.
To be precise: last year India exported $87B of valuable goods to the US for $42B of goods plus $45B worth of increasingly worthless dollars:
That difference of $45B was, effectively, made up by money printing, which the Fed does at will:
The current administration incorrectly thinks this is a bad deal for America, because they haven’t fully thought through the fact that the US can print dollars. India was giving America something that's always valuable (namely goods) for something that America can just print out of thin air (namely US dollars):
So...who was really ripping off whom?
As mentioned, this is the same trade America had with Vietnam. Vietnam worked hard to send America shoes, while America sent Vietnam printed dollars. And it’s the same trade America had with many countries, before the trade war. The world sends the US valuable goods, and gets mere Federal Reserve database entries in return:
The only reason the US had the right to do that — to run the financial database of the world, to print trillions for itself, and to freeze and seize the funds of billions — is because it set up what we call the rules-based order, what is in reality the American Empire. And of course it profited from that empire tremendously, but so did most of the empire's participants.
But now MAGA is dismantling that empire. It’s cutting off trade, talent, and even tourism. It’s abandoning its military commitments and telling allies to fend for themselves. It’s cutting off foreign aid and domestic universities. It is, in short, becoming a country not an empire.
The reason is because MAGA is fundamentally confused. It romanticizes 1945 America (the manufacturing country) without fully admitting that 2025 America makes its money in a completely different way, by managing the hub of a global financial empire.
Because the US is in denial about what it is — a money printer, not a manufacturer — it's currently on track to lose both the money-printing and the manufacturing. For example, the tariffs target the entire world (thereby reducing demand for the dollar in global trade) while also cutting off machine tools and raw materials from US entrepreneurs (thereby inhibiting the buildout of domestic manufacturing).
Anyway, I won't linger on the outlook for the US. It's made its decision and will live with it. Perhaps it will indeed be a Golden Age of Reindustrialization. And perhaps the transition to a "republic, not an empire" will go much better than the similar imperial climbdown of the UK or the USSR.
What should countries like India and Vietnam do?
They should turn a necessity into a virtue. The trade war has provided a powerful Schelling Point for the entire world to simultaneously stop using the dollar at the same time. This is also what America says it wants, for foreigners to stop "exploiting" it by accepting its printed dollars for hard goods.
So: abide by America's wishes and stop trading goods with America for dollars. Instead, trade goods with each other for local currencies (rather than USDs) and use gold for storing value (rather than USTs). Because there is no global reserve currency issued by a single country, trade remains roughly balanced over time.
Singapore's former PM calls this "world minus one." It's the continuation of global capitalism, just without America, who has voluntarily taken itself out of the game. Yes, there's a short-term adaptation cost, but the quicker that a country can decouple from the dollar the better.
Start saving in hard money instead.
@OlaEV_Support@ankush_aggarwl What do you mean by soon, can you please confirm the date? I suppose to get the scooter by 20th and still not received. Also registration is done yesterday only and there is no update today, ideally brand champion should have deliver it by today.
@bhash@OlaElectric I ordered an Ola scooter 10 days ago with a delivery date of 20th Nov. It’s now 22nd Nov, and I haven’t received it. Please ensure it is delivered by tomorrow.
Registration is complete, and it’s pending at SDC for delivery.
@Uber_Support@dkhos@Uber_India I am unable to request ride and it’s showing add valid number error since while. I have revise support ticket but not getting any support on this. Can you pls help on this ASAP.
"Your personal experiences with money make up maybe 0.00000001% of what’s happened in the world, but maybe 80% of how you think the world works. So equally smart people can disagree about how and why recessions happen, and how you should invest your money" @morganhousel