Money madness

If there's any sense in the national financial systems of most of the countries of the so-called Free World then I confess I can't see much of it!
Here in Australia, where there are more jobs than workers, where the drought is lately near enough to broken, and where miners are making fortunes from exporting countless cubic acres of our land, we have big money troubles.
Were not alone of course, as our stock market plunges, as interest climb and the price of everything we need to buy rises steadily.
Government raises our workers' wages, they reduce our taxes, and increase pensions so we can keep buying what we need/want. Then we're told we're spending too much, causing inflation and need to pay more interest. After all, we mustn't have the increasing inflation our leaders have created, must we?
In the US, greedy loan companies, who extended finance to thousands who couldn't make the repayments have gone bankrupt in droves. Their government, fearing recession has organised a massive reduction in interest rates to allow (I assume) more people to take up slightly cheaper loans.
So, who's right about interest rates, "them" or us?
I can remember when the value of our currency was fixed by our governmen. I remember when our money lenders were required to insist on borrowers providing realistic security, and proving they had the means to pay. In those days we didn't have the "sharks" touting their "instant money offers to those who can't or won't see the risk.
I'm beginning to wonder about the benefits of "Democracy"
I recall that, as World War 2 developed, Italy's Mussolini was, at first, a much loved dictator - Because he made the trains run on time!
Perhaps we all need dictators who, as well as niceness, and moral purity, have proven qualifications of finan cial genius. . . .
Then one of them might explain to me how our system works!