Article: The play goes on
MMJ
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AND THE PLAY GOES ON!
And the play goes on. Party X blames Party Y, Party Y blames Party K. The followers of Party K blames Party X, the followers of Party Y blames Party K.
Inflation is not caused by a Prime Minister!
Inflation happens when too much money chases too few goods and services.
Or it happens when money is produced wantonly when production and services follow normal norms.
You do not solve the problem by gathering in the tens of thousands as believed by pro govt diehards, or in the hundreds of thousands by the opposition diehards.
Neither will the matter be solved by gathering the alumnis of the Prime Minister to write him letters of support.
Inflation will change and drop, by us understanding the cause of inflation!
Some of those on the streets supporting the rally today may understand it as Tabayyun.
An Islamic act of deeply researching and understanding something or some event before drawing a conclusion, and assigning blame.
Movement for Monetary Justice can say with certainty, biiznillah, based on unchanged circumstances, not only PMX, but PMXI, PMXII, PMXIII, PMXIV and PMXV will not be able to change or bring down the inflation if the nation do not Tabayyun and understand the cause of inflation!
Let us try to describe it like this.
A nation is chugging along well, factories producing goods, and service providers providing services at a steady rate.
And a stable population earning stable income buys these goods and services. And all of a sudden hordes of neck-tie wearing Chettiars descend on the nation offering everyone cash loans and credit cards.
Flushed with newly received cash the population then descend on the shops, the malls, the kedai runcits, the restaurants and all manner of service providers to spend their new found liquidity.
What do you think will happen?
Yes, prices of all food, products and produce and rent, and transport and all manner of services will definitely go up. Inflation!
Was it the Prime Minister who pushed up the prices? No,, its these neck-tie wearing Chettiars.
If you don’t already guess it, we are referring to the banks in the country.
They have taken the national privilege of creating money for the nation i.e. numbers money which they create every time they give a loan to everyone.
Visit MMJ website for explanation of this. Bank of England, the European Central Bank, the Federal Reserve and yes, our own BNM has confirmed this!
The Reformasi guys and gals on the street today also complained about low wages and salaries for the population of Malaysia.
That is not wrong, the whole world is suffering from general population having low income.
For that matter Bangladesh kicked out their Prime Minister recently. Is the problem in Bangladesh solved? No! Because they also failed to Tabayyun.
Let us explain why generally working population in most countries have low income.
Yes it is these Chettiars in neck-ties again.
Given the privilege to create the nation’s money, for the good of the nation, they should focus their loans or financing on the real economy.
In other words, the companies, the syarikats, the shops, the malls, the restaurants, the stalls, the farmers, the agricultural sector, the industry, the factories.
These will create jobs. However in their greed for personal profits, they allocate only 30% to this sector: 70% to personal loans and generally the personally lucrative personal sector.
We have a sector called SME or IKS (minimum RM50 million sales) who produces 70% of jobs in the nation and contribute anywhere between 40-60% of GDP.
How much loans they receive from the banks?
Only 16%! The sector that creates 70% of jobs only gets 16% of total loans.
What’s the result? Not enough jobs created in the nation compared to number of jobs required by the population.
Hence low and stunted wages and salaries for the working population because too many people seeking too few jobs.
So is this the fault of PMX? Actually, yes for not having the foresight to do Tabayyun.
So if you want to gather in the hundreds of thousand, fine, but don’t ask him to step down, ask him to do Tabayyun.
Ask him also to get new advisers because his old and current economic advisers do not understand all these.
What they learnt were also manipulated and contrived by the Riba Masters who have hidden the truths in the subjects taught and learnt at universities.
The Academia also need to do Tabayyun. Monetary Reform realization is now a world wide phenomenon. Don’t miss the bus.
So we say, PMX and the next 5 Prime Ministers are not going to change anything if we don’t Tabayyun.
If the nation do not Tabayyun, if the well meaning Reformasi diehards today, and the well meaning supporters of PMX today, and we daresay, if the PMX himself today, do not Tabayyun.
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Dikemaskini [Updated]: Sam Ahmad 20250731