So, hear me out...
We are bombarded every day with news about a poor economy, tough economic times, recession etc.
I am sure there are plenty that needs to tighten the belt.
I hear allot of stories about people / families that does not get through the month.
So, more and more people need to use credit to buy basic needs, and, usually credit comes with interest. Even grocery stores have a credit option now.
So, someone is earning more credit interest income somewhere, and in the end that interest ends up at the reserve bank.
So, during our tough economic times, how much more is the reserve bank (read state) earning with interest income...?

Well. That is a point well placed I believe.
Would be fascinating to know and ....
U sound like a business man indeed

The interest rate is raised to ensure the reserve bank can pay back its international dept...the cost of interest is basically the cost of servicing debt. There are some confounding factors to your assertion..

Too late too Friday for this now ;-)

Basically the reserve bank regulates how the country services debt. The interest on personal debt goes to banks not to the reserve bank. The reserve bank regulates how much interest they can make on that debt based on the debt capacity of consumers. They are the banks bank. That's a bit simplistic but basically your interest on your debt goes to the bank you loaned money from. That's how they make. Money that's why they don't want you save. The consumer economy. The zero economy.

The concept of money having value is one of the greatest scams of modern times, it is created out of nothing and then worshipped

When we left the gold standard we were fucked. Well more fucked than when bartering became an archaic concept. Value for paper. What a shit idea.

On 2017-11-10 19:11:41 Matewis-G said:
reserve bank (read state)

Uhh, ERROR, fatal flaw in your assumption.
Our reserve bank is privately owned, but don't believe me and google it ;-)

It's impossible for our reserve bank to be privately owned. The constitution precludes it. That German owned like 2 percent.

Frankstar you didn't google - it's true, same for the outright majority of the world's reserve banks, the US included.

No man I know what you are talking about. In the constitution it says the say government must remain the majority shareholder of the reserve bank. Our reserve bank is nationalised to an extent. There is a clause written into the constitution that says a private individual may not own a majority share of the reserve bank.