In a move that surprised markets, the Bank of Korea (BoK) has slashed its key interest rate for the second consecutive time, cutting it by 0.25 percentage points to 3.00%. This follows a similar rate cut in October, marking the first easing cycle in over four years. Alongside the rate cuts, the BoK downgraded its growth forecasts, signaling deeper economic concerns.

For critics of fiat systems, this is business as usual. Lowering borrowing costs fuels the endless debt treadmill, herding individuals and businesses alike into ever-expanding financial dependence. This short-term "stimulus" strategy is a cornerstone of central bank playbooks, but at what cost? Each rate cut tightens the grip of a system built on debt, perpetuating a cycle that creates more liabilities than prosperity.

The question remains: how long can this house of cards stand before the next crisis demands an even larger dose of the same toxic medicine?