Cempaka Business and Economy: Central bank responds to critics with sharp rate cut

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Friday, January 09, 2009

Central bank responds to critics with sharp rate cut

Mustaqim Adamrah, The Jakarta Post, Jakarta | Thu, 01/08/2009 7:03 AM

The central bank has given the corporate sector hope by slashing its benchmark interest rate for the third consecutive month in a bid to cushion the impact of the global economic slump and amid a recent slowdown of inflation.

Bank Indonesia (BI) gave the first signs Wednesday it was willing to slacken its monetary policy, with a rate cut of 50 basis points to 8.75 percent, which according to analysts is the steepest single cut in more than 12 months.

The central bank slashed the rate to 9.50 percent and later to 9.25 percent in November and December, respectively, after raising it for six consecutive months from 8 percent starting May last year.

“BI has made the decision after considering the country’s monetary condition and the economic prospect in 2009,” said BI governor Boediono.

“It is possible that the rate will be lowered again later if inflation can stay at near 5 percent,” he said, adding that BI would evaluate the impact of the rate cut periodically.

BI has been widely criticized by businesses for its defensive monetary policy at a time when the corporate sector is in dire need of access to low-cost loans to help spur the economy due to the global economic crisis.

Indonesia is targeting to secure an economic growth of between 4.5 and 5.5 percent this year, with a key driver expected to be domestic consumption.

Boediono said he believed the 0.04 percent deflation rate in December, which capped 2008 with an inflation rate of 11.06 percent, had in part encouraged BI to loosen its policy.

BI has forecast an economic recovery will begin in the fourth quarter of the year, driven mainly by government spending and domestic consumption.

“Spending on infrastructure and the general elections will bolster our economy this year,” said BI senior deputy governor Miranda Goeltom.

Indonesian Employers Association chairman Sofjan Wanandi welcomed the cut, saying it was a “good signal” for the business climate.

“But BI should have gone further by lowering the rate by 100 basis points as jitters over inflation no longer exist.”

“Most importantly, banks should comply with the cut by lowering their borrowing rates for the manufacturing sector by around 10 percent to 13 percent,” Sofjan said, adding that borrowing costs now averaged between 14 and 18 percent.

Indonesian Textile Association chairman Benny Soetrisno said commercial banks were still reluctant to lower their interest rates. (hwa)

President asks business community to lower commodity prices

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Friday, January 09, 2009

Central bank responds to critics with sharp rate cut

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