Is raising bank interest rates a remedy for a negative real Interest rate?

The behavior of market forces in macroeconomics is not instantaneous. We cannot experience the impact of those forces instantly like fire or wind. We would feel the behavior of market forces such as inflation, unemployment, stock markets, interest rates and exchange rates only with a time lag (Saliya, 2020; 2019). Then it may be too late. We can now feel the impact of these vicious causes because neither the political authorities nor administrators paid serious attention to manage these forces even though many economists, other administrators and politicians have had warned well in advance that our country is reaching bankruptcy soon