Serbian central bank raises key policy rate to 11.25%

“It therefore decided to change the direction of its main open market operations towards the withdrawal of excess dinar liquidity so as not to encourage a rise in aggregate demand which could impact on inflation and the exchange rate, according to the release.”

This statement will not mean much to most readers, but it is a clear sign that the international banking elite are planning to squeeze the Serbian economy to death.

Firstly, the National Bank of Serbia is not “national” in any meaningful sense. It is controlled by the Bank of International Settlements in Switzerland, which is the machine the criminal international bankers use to rape and plunder every nation on earth.

Back to the quote above, “withdrawal of excess dinar liquidity” means taking dinars out of the economy. It is like taking bank notes out of the national wallet. If people have fewer dinars then they buy less and the economy falls into a deeper depression.

Talk of protecting the exchange rate is misleading. The exchange rate is not “protected” by interest rates, it is protected by government decree. If the government fixes the exchange rate, then robbers like George Soros and Goldman Sachs are keep away from Serbia.

As for inflation, it is better to have a little inflation that a lot of depression. What would you rather have, a job together with 20% inflation, or unemployment with zero inflation?

“It therefore decided to change the direction of its main open market operations towards the withdrawal of excess dinar liquidity so as not to encourage a rise in aggregate demand which could impact on inflation and the exchange rate, according to the release.”

This statement will not mean much to most readers, but it is a clear sign that the international banking elite are planning to squeeze the Serbian economy to death.

Firstly, the National Bank of Serbia is not “national” in any meaningful sense. It is controlled by the Bank of International Settlements in Switzerland, which is the machine the criminal international bankers use to rape and plunder every nation on earth.

Back to the quote above, “withdrawal of excess dinar liquidity” means taking dinars out of the economy. It is like taking bank notes out of the national wallet. If people have fewer dinars then they buy less and the economy falls into a deeper depression.

Talk of protecting the exchange rate is misleading. The exchange rate is not “protected” by interest rates, it is protected by government decree. If the government fixes the exchange rate, then robbers like George Soros and Goldman Sachs are keep away from Serbia.

As for inflation, it is better to have a little inflation that a lot of depression. What would you rather have, a job together with 20% inflation, or unemployment with zero inflation?