Impact of Implementing Two Kinds of Currencies

IMPACT OF IMPLEMENTING TWO KINDS OF CURRENCIES
It is hammered truth that the open reasons for all economic crisis are due to TAX EVASION and CORRUPTION of people funds. On the other hand, in our system of living we have given all the control to MONEY i.e. PIVOT OF LIFE and WORLD is money. So if we fail to maintain the constant money-flow among people, it would end-up in mystification of system. To monitor and oversee the currency transactions happening domestically and internationally, our government should introduce a system of two currencies among people. One type of currency should be utilized for domestic transactions of country and second type should be used for International money transactions.


It can be divided as two types of currencies one for domestic money transaction i.e. first currency will be valid only in India and second currency will be valid for international currency transactions. So if anybody wants to do money transactions with overseas i.e. outside the India, should get second currencies which is valid currency with overseas from government for overseas transactions by giving same value of amount to government. If this system or procedure comes into practice, it would pave way to monitor the tax evasions and stashing of black money which is happening domestically and internationally. The basic idea of two currency system is to monitor and oversee the currency transactions happening illegally which is actual reason for all kinds of inflation. It is feasible system to be implemented to retain the stashing of tax evaded money in which many of industrialists and politicians are practicing it.

Because if you think intensely, whatever the money being earned by industrialists and politicians, were taken away to overseas and stashing that money in overseas banks. If this system continues, it would pave way to decide and capture our economy and people will also become slave to foreign countries in all aspects. The big advantage of two currency system will keep money-spin in control and adds value to our currency domestically and internationally.

IMPACT OF TWO CURRENCY SYSTEM MONEY-SPIN WILL BE IN CONTROL MONEY VALUE WILL BE MAINTAINED FOREVER WILL PAVE WAY TO MONITOR ALL KINDS OF MONEY TRANSACTIONS HAPPENING DOMESTICALLY AND INTERNATIONALLY CURRENCY WILL GET INCREASED INTERNATIONALLY PRICES WILL BE IN CONTROL WILL KEEP FULL STOP FOR ILLEGAL CURRENCY TRANSACTIONS TAX EVASIONS WILL BE CONTROLLED SURPLUS OF FUNDS (DOMESTIC AND FOREIGN CURRENCIES) TO GOVERNMENT NIL TAX IMPLEMENTATION ON PEOPLE NO PRICE HIKES SURPLUS OF MONEY TO PEOPLE ALL PEOPLE WILL BECOME RICH SYMMETRICAL FLOW OF TAX FROM PEOPLE TO GOVERNMENT COUNTRY WILL GET DEVELOPED IN ALL ASPECTS INDIA WILL BECOME UNIQUE SUPER POWER………………..