50 basis points is honestly not very much. But you can bet that there are going to be a lot more cuts behind it.
Current central banker dilemma is between recession and inflation, but they pivoted from fighting inflation a little too late to stave off recession.
I'm still seriously offended by the lockdowns, the ban on all sorts of innocuous activities and the complete destruction of civil liberties.
And no, I won't let this go.
All positivist law, which grant positive rights such as the right to health care or housing, or food, inevitably lead to some form of slavery. This is because such goods and services must be provided by someone.
No positive rights exist, they are a political fiction to get support from compliant people.