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The Forum > Article Comments > Australian interest rates: how high and for how long? > Comments

Australian interest rates: how high and for how long? : Comments

By Graham Young, published 21/2/2023

Home buyers and businesses are suffering sticker shock but they should probably be thinking of rates of this level as the 'new normal'.

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CM,

Not sure what you mean by "under Communism", are you referring to the failed Czarist Russia which gave way to a totalitarian regime led by the dictator Joseph Stalin?

As a side, I watched a program on SBS which to me highlighted the similarities between the rise of Hitler in Germany, and the rise of Trump in America. The program was about nothing more than the political rise of Hitler, but I did see Trump in Hitler, Hitler with his "Make Germany great again" and Trump with his "Make America great again" slogans and other parallels. Do you see similarities there?
Posted by Paul1405, Sunday, 26 February 2023 6:14:04 AM
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I don't remember Trump implementing death camps but the late 30's and 40's were a different time- may be difficult to compare. The tools available today to manage dissenters are much more powerful than those available then so it's much less necessary to use raw fear to keep peace- but the outcome is somewhat the same- people have less power of their own lives. Everything in the universe is in a sense similar to everything else both bridges and diamonds both contain atoms- they are both built for strength- and in a sense the strength is derived from the same source- however a bridge is not a diamond. Sometimes it's helpful to draw a common relationship between phenomena and there are variables that seem to have some consistency with respect to the result.

100 million dead under communism- for equality and fairness.

Marie Curie taught Polish which was banned under Russian Communist rule in blacked out rooms- under the theory that different languages are a form of class warfare- she never called herself a woke feminist as far as I'm aware
Posted by Canem Malum, Sunday, 26 February 2023 4:38:57 PM
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This is probably a good reason not to watch SBS (or the ABC) or fund it through the public tax system- seems to be more propaganda than information- and the public knows it. Hobbes talked about having to have a mandate for government activity- it seems that the SBS is trying to "wag the dog". It's sort of expected that politicians will have "a view" but they fund their operations through donations.

The SBS seems worse than the ABC.

In economics they talk about leading and lagging indicators and Germany's situation in the 1890's to the 1930's saw much violent change through it's neighbouring nations and war and society. Germany was home to the Holy Roman Empire previously and could be seen as the continuation of the Roman Empire itself- something that raises the ire of other competing cultures over recorded history. The Roman Empire and Holy Roman Empire were confederations in a sense- allowing allies to govern in their own right within a light touch sandpit/ framework.
The rise of Christianity could be seen as a Hebrew conspiracy to undermine the Roman Empire- competition between the Catholic Church and the Hebrew culture is nothing new- the question is how should the resources be distributed between the cultures for peace. But there is never peace. We are all doomed to live our lives in battle- but we should try to smell the roses.

In a sense the US is similar.

Those that don't like this system can choose to work within or without the system.

Totalitarian Communism on the other hand is less light touch- they want to interfere with everything from the top down- just like woke and socialists- down to the individual level- they what to revise history- destroy tradition- because they believe that culture is a cancer.
Posted by Canem Malum, Sunday, 26 February 2023 5:36:31 PM
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I'm sure that originally Lenin was a nice guy that just believed in justice and was angry about the killing of his traitorous brother- but he went down the rabbit hole. Stalin was just trying to climb the ladder of power in a badly structured system. And that's the point- the British system while imperfect has developed over a long period of time learned from it's failures and changed according to the situation- but if the ruler is twisted it's hard to measure well- and the ruler is always twisted- but some are twisted more than others.

Communism as do other leftist wokeist ideologies have some unrecoverable failures. Not everyone is equal even if you try to make them equal, they don't want to be equal, they don't want to work together with the rest of society for a common goal- they don't want stability. Not everything is fair- but some societies are more fair than others- if people can vote with their feet then people can move to where they are happy. Societies that balance the right things will be more successful than those that don't. Success is measured differently- there is evolutionary success, productive success, scientific success, artistic success, etc, etc.

Globalized Totalitarianism will destroy the incubators of culture- will destroy language and ethnicities- there is no where to run to- but they call traditionalists racist- they are not allowed to protect their culture or identity or genetic uniqueness or hereditary chain- essentially their existence
Posted by Canem Malum, Sunday, 26 February 2023 5:38:06 PM
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CM,

I wasn't talking about death camps, on gaining power Hitler was far more extreme than Trump. Mechanisms in place prevented Hitler type extremism from developing under Trump. I'm talking about the two men's rise to power, the similarities between both. Given the respective political conditions exiting in each case they are remarkably similar. Hitlers political failure in 1929 then his return in 1932. Hitlers manipulation of the conservative right, the conservative rights attitude to Hitler, somewhat simmilar to the Trump experience. Trump like Hitler totally vilified his political enemies to the extreme. Both had a penchant for fanfare, mass gatherings etc, both given to crass nationalism as a means of manipulation through speeches and Hitler ran for the time modern political campaign as did Trump. Hitler and Trump both condoned political violence. Hitler had old Hindenburg, Trump has Old Biben, all Trump needs is a 'zweifinger' moustache and his act will be complete.

BTW; I don't consider the Soviet Union a true Communist state. The deaths there were brought about by an extreme totalitarian regime led by a evil dictator in Joseph Stalin. Why do you call Stalin a Communist, because he said so, I could say; "I'm the King of England" but it doesn't make it so. Anyway, I see no value in Communism, when compared to our moderate leaning Liberal Democracy.
Posted by Paul1405, Sunday, 26 February 2023 6:10:28 PM
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It should be a "Surprise no one, it turns out it is actually BIG BUSINESS pushing up prices for record profits that is driving the cost-of-living crisis, according to new research."

"Every time the economy weakens, working Australians are told to tighten their purse strings, cut back on luxuries and, if they aren’t getting paid enough, just find a better job. But is it wages causing the current crisis? Instead of wages, we need to be looking at MEGA CORPORATE PROFITS" (My capitals)

Add in the pair of Tory reprobates, ScumO' and Friedbrain pouring a trillion dollars of debt onto suffering ordinary Australians as they splashed billions in cash to their mates down at the Big End of Town. No wonder there is high inflation and workers incomes are going backwards!
Posted by Paul1405, Sunday, 26 February 2023 6:19:43 PM
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