Replying to Hofer99

that's how it's designed. They want you dependent on the state. When shit really hits the fan people will get in line for free food just like they got in line for free vaxx. Government propegemda station will just tell you where to go. Free food.
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S!ayer 4mo ago

Yes, the masses are dumb and uneducated.

It's either that or death.

In South Africa, any simple changes in inflation kills people, so our central bank keeps that at the forefront of their minds.

In fact, they were the first to raise rates in 2021! During the boom cycle and everyone mocked the central bank.

Alas, when inflation did hit a year later we were only seeing marginal changes (0.5%) versus the USA at 5%

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Hofer99 4mo ago

Ya Central banks are retarded.

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S!ayer 4mo ago

They're meant to be. They only control the flow of money, and don't set monetary policies.

And they can only do that via interest rates to the banks.

The banks are the ones who fuck everyone, creating money out of nothing so that people can get loans for houses, cars, clothes whatever.

Rates will remain higher until the appetite for debt drops substantially.