Interest
rate rises, like mask mandates, are ineffective, unnecessary (there are better
solutions) and exist only to bully people into certain behaviours,
"(Punters) are dying and it's actually people like me
who look at the data and other economists, it's killing us there was no reason
for the Reserve Bank to put up interest rates in the last meeting.
"In fact, I looked at all the data presented in October,
the Australian Bureau of Statistics released a whole lot of data, and none of
the data said put rates up - it was one last chance to make sure they put a
nail in the coffin, to make sure we behave over the next three to four months.
For me, it looked like a behavioural sort of impost on us."[i]
Inflation
was driven up by government spending and is being maintained by record high
immigration and high fuel prices. None of us have the power to effect any of
these policies, yet we are being told, through rate rises, to stay home and
stop spending, as opposed to two years ago when it was stay home and shop
online with free government money (a trap many people fell into and are now
regretting).
Once you see
how they seek to manipulate behaviour, you can't unsee it. It is good to spend
less. There is wisdom to living below your means, and so people being
encouraged to spend less is not inherently bad. But it is immoral for
government bureaucracies (with a modicum of independent status) to rob people
of their income to solve problems created by other government bureaucracies. It
is even more immoral for governments and the RBA to pretend that it is
Australian spending habits which are continuing to push inflation up. Per
capita wealth is going down, the economy is only appearing to grow because so
many people with money have been brought into the country since the borders
were opened up. In reality job figures show unemployment is rising and
Australians are becoming less secure in their workplaces.
Australians
are getting hit from every direction by dyscivilisational policies.
Of course,
some people think this is evidence of stupidity, but it is also evidence of
malicious intent. “You will own nothing and you will be happy.” This is the
stated goal of some of the world elites, and there is nothing in these apparently
contradictory policy decisions of those who govern our society to disprove that
the trajectory to not being able to own a home, or much else in Australia, is
not right on target. “…there was no reason for the Reserve Bank to put up
interest rates in the last meeting” unless of course the reason is something
other than sound economic management.
There is
another way to look at this too: Indebted people are much more willing to do
what their elites tell them, even sign up for wars they would otherwise want no
part in… “Do what you are told! Or we will find ze ways to make you.” (Read
that last line in a stereotypical bad guy voice from a 1960’s spy comedy).
What is
clear though is that the easy times are coming to an end. Buckle up, times are
only going to get more interesting.
List of References
No comments:
Post a Comment