If we look at 3 countries Poland, Turkey , Russia their monetary policy show's clearly they use lower rates to finance their military.
Now all the world talking about weak russian currency but nobody don't pay attention If country currency is that much low then this country might be very dangerous for other countries.
The lower rates can give huge financial power.
but there is a huge difference between the countries. Poland spends on army to deter Russia from an attack, so their military power is growing, and Russia is arming itself in panic before the collapse of the front in Ukraine. Poland accumulates military power and Russia burns it through a senseless war.
Poland has a healthy economy and Russia is burdened with huge sanctions, so it has to give huge discounts to smugglers and sanctions evaders. Apparently the raw materials that russia sells to china do it at a 40% discount.
and china take advantage of the discount and fill warehouses to the top. As soon as the economy slows down, Russia will be in big trouble. Poland can cut back on spending at any time, russia can't.