Article: Our monetary system
MMJ
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Our monetary system is designed to make the poor people suffer.
Our monetary system is designed to make the poor people suffer. Jobs are never enough in our economy because the rich do not have to invest in real economy to make money. The sector that creates 70% of jobs in the economy, the SME sector, are demonised by the riba masters as risky to fund. So they hardly get money to generate employment and economic output.
A corollary of not enough jobs means low wages are offered to desperate people wanting jobs. So it's not just about being jobless but wages for jobs available are too low! Nobody realise this because the clever people called economists are dumbed down by misknowledge. They dont even know who creates money in an economy let alone where the money goes to creates unemployment and low wages.
We are so clever we allow the banks and the developers to price houses out of reach of the poor. Hence the man of the moment who needs a head start to house and feed his family is demonised for not being grateful to receive RM500 a month from the Zakat people. The western champions of Riba at BNM upholds a system that makes inflation compulsory but they hardly feels the pain of the common man.
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Dikemaskini [Updated]: Sam Ahmad 20250121