Diskusi bang ian.. Naiknya BI rate ataupun RR selalu dijadikan alasan banking untuk naikin suku bunga pinjaman.. Sejak RR dinaekin dari 5 ke 8%, naik tuh suku bunga kredit..
Sebenernya, transmisi yang lebih stabil untuk sedot likuiditas ya RR ini.. Tapi apapun itu, untuk selesaikan masalah inflasi saat ini seharusnya bukan dari sisi moneter yang digenjot.. Kutip dari Positive: 1. the core inflation rateheld steady in December at 4.3 per cent 2. consumer price inflation – driven by food – continued to accelerate to 7 per cent 3. rate rises need not attract inordinate amounts of hot money. Jangan sampe salah obat, yang ada makin parah sakitnya On Fri, Jan 14, 2011 at 9:35 AM, Irwan Ariston Napitupulu < [email protected]> wrote: > > > Suku bunga ngga perlu naik karena malah jadi penyebab inflasi itu sendiri > dalam kasus Indonesia. > > Naikan saja GWM nya, Giro Wajib Minimum (kalau istilah di buku pelajaran > adalah Reserve Requirement) yang saat ini masih terlalu rendah, baru 8%, > untuk negara dengan growth seperti Indonesia. China tingkat GWM nya 18,5%. > Sementara tingka suku bunga deposito 1 tahun di China hanya 2,75% dan > tingkat suku bunga pinjaman di China 5,81%. > > Peningkatan GWM sangat efektif dalam menekan jumlah uang beredar. > Bagi yg ingin belajar apa itu GWM dan bagaimana pengaruhnya ke ekonomi, > silakan baca2 di: > > http://en.wikipedia.org/wiki/Reserve_requirement > > jabat erat, > Irwan Ariston Napitupulu > > > > > On Fri, Jan 14, 2011 at 9:24 AM, positif01 <[email protected]> wrote: > >> >> >> Ferry Wong, head of Indonesia research at Macquarie Securities in Jakarta, >> said the central bank was behind the curve on inflation. >> >> "I think some foreign investors were not too comfortable with the central >> bank's not raising interest rates despite high inflation," he said. >> (Reuters) >> >> BI’s decision to keep its policy interest rate at 6.5 per cent for the 17th >> month <http://www.bi.go.id/web/en/Moneter/BI+Rate/Data+BI+Rate/> in a row >> rests on two assumptions: that food price inflation won’t spill into core >> inflation, and that interest-rate increases would attract damaging >> short-term<http://www.bi.go.id/NR/rdonlyres/10AAF037-83D2-4972-A561-8DFF73D22DE9/21042/GBI_IndonesiaInvestmentForumJakarta.pdf>capital >> flows. Both are dubious. First, it is true that the core inflation >> rate (excluding food and energy) held steady in December at 4.3 per cent, >> while headline consumer price inflation – driven by food, which accounts for >> about a third of the >> CPI<http://dds.bps.go.id/eng/brs_file/eng-inflasi-01dec10.pdf>basket – >> continued to accelerate to 7 per cent, well outside the target zone >> of 4 to 6. But headline and core never decouple for long. Consumer surveys >> and rising 10-year bond yields suggest that inflation expectations are >> taking root. Second, rate rises need not attract inordinate amounts of hot >> money if capital >> controls<http://www.ft.com/cms/s/0/f730a2b6-1c26-11e0-9b56-00144feab49a.html#axzz1Ab0kjIbh>are >> effective, and everyone else is >> tightening<http://www.ft.com/cms/s/3/60a426c4-fd31-11df-b83c-00144feab49a.html#axzz1Ab0kjIbh>too. >> (Financial Times). >> >> >> >> > >
