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 Why is BLR no movement for 2012?

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feezar25
post Jun 13 2012, 11:59 AM

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QUOTE(mingyew @ Jun 13 2012, 11:27 AM)
BLR is very related to our economy. election or not doesnt matter.
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+1. If anyone understand better about economy, they wont relate any of this with election/political party..doesnt make sense at all biggrin.gif

feezar25
post Jun 13 2012, 03:15 PM

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QUOTE(JustNobody @ Jun 13 2012, 12:35 PM)
I kinda a bit disagree what you believe. Yes, the rate is all about economy... But in case it really need to increase, the gov still can sacrifice to hold it back for a couple of months if they really want to do it. After all, they are the one who will announce it, and not us or banks...
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Yes..thats when you are wrong smile.gif..No offence.Its all control by BNM. Not BN/PKR/PAS/DAP/ government. Thats why they said the most 'powerful' man in the world is Ben Bernanke, not Obama biggrin.gif
feezar25
post Jun 13 2012, 09:08 PM

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QUOTE(JustNobody @ Jun 13 2012, 05:23 PM)
Well.. In Malaysia, you have to know who is having the power. In USA, things different..
I may not 100% correct, but I still reserve my believe on who actually in charge in Malaysia tho.. Hehe..

It is just like if you believe that MACC & SPRM really an independent and no one can affect this party?
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Yes..those 2 we all also know who in charge (same goes the rest I guess). But BNM is different..Especially on monetary policy, nothing above Zeti. How confident I am? Because my HM works there and attend every single MPC meeting there is. biggrin.gif
feezar25
post Jun 13 2012, 10:07 PM

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Exactly..Governor advice the government. So if you were advice by the expert, "you need to execute policy A in order to have better sustainable economic growth which in turn will make your government popular, which directly translate to longer power ship.. " you want to reverse that policy??..Thats my point. Thats why when OPR where increase to curb inflation, although its not a popular decision, government still follow the expert because they know its the right thing to do..at the end..Zeti control.

Yes although I dont deny in rare cases there was a policy reverse by gov. after being tabled.mainly for short-term benefit of certain quarter biggrin.gif
feezar25
post Jun 13 2012, 11:21 PM

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QUOTE(EddyLB @ Jun 13 2012, 11:08 PM)
Just for discussion sake....if Anwar becomes the PM, and wants Zeti to carry out some populist policies which go against what Zeti thinks is right, what will happen ?
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Yes for discussion sake only..I think she would resign and replace by another "expert". the choice of who gonna be in the hot seat, will be crucial to any political party, because people will see..So if let say DSAI put Azmin Ali for example because he can execute his populist policies rather than the 'make sense' one..then confirm hes bloody stupid... biggrin.gif

Although Azmin Ali being Governor I admit is an extreme case..hahaha laugh.gif

So the cycle will continue..expert policy marker, to be replace by another expert policy marker, to be replace by another policy marker...until they got tired and remove the post and all policies will be under direct discretion of FM , then yes we can say Gov control the policies..

 

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