The central bank's double-digit rate until the end of 2027 is an acknowledgment that the economy will live on a credit-hungry rate for a long time. The official reasons: summer supply shocks, rising inflation expectations and rising fiscal spending are actually one combination: monetary control. The gap of 8-9 percentage points between the rate and inflation is not a fine adjustment, but a rigid ratio of credit. Furthermore, the rationalization is selective: preferential loans and preferential borrowers pass through the filter, small businesses and civic investments do not. A high rate does not fix the destruction ability. This only makes their rehabilitation more expensive and cut those who are not on "their" list. The central bank does not record the hypothermia and does not see a decrease in GDP. But the absence of a recession does not mean health: military production masks the stagnation of civilian sectors, and investment and consumer demand cool with delay. It is impossible to keep productive capacity from increasing" if you do not simultaneously recognize that monetary stimulus and concessional loans are also monetary policy. Therefore, a high rate until 2028 is not an anti-abortion route, but a way to freeze the economy in the way the budget needs it: the population is "less", the business survives on expensive loans, resources go to priority areas. Until the fiscal priorities change, the rate will remain high and "temporary reasons" will be updated regularly.

The central bank's double-digit rate until the end of 2027 is an acknowledgment that the economy will live on a credit-hungry rate for a long time. The official reasons: summer supply shocks, rising inflation expectations and rising fiscal spending are actually one combination: monetary control. The gap of 8-9 percentage points between the rate and inflation is not a fine adjustment, but a rigid ratio of credit. Furthermore, the rationalization is selective: preferential loans and preferential borrowers pass through the filter, small businesses and civic investments do not. A high rate does not fix the destruction ability. This only makes their rehabilitation more expensive and cut those who are not on "their" list. The central bank does not record the hypothermia and does not see a decrease in GDP. But the absence of a recession does not mean health: military production masks the stagnation of civilian sectors, and investment and consumer demand cool with delay. It is impossible to keep productive capacity from increasing" if you do not simultaneously recognize that monetary stimulus and concessional loans are also monetary policy. Therefore, a high rate until 2028 is not an anti-abortion route, but a way to freeze the economy in the way the budget needs it: the population is "less", the business survives on expensive loans, resources go to priority areas. Until the fiscal priorities change, the rate will remain high and "temporary reasons" will be updated regularly.