Dawie Roodt | The South African Reserve Bank’s losing battle | News24

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Dawie Roodt | The South African Reserve Bank’s losing battle | News24
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OPINION | Inflation may slow down for a few months, but as long as we have an incompetent and corrupt government, inflation will remain high and may even morph into hyperinflation, writes Dawie Roodt.

Inflation may slow down for a few months, but as long as we have an incompetent and corrupt government, inflation will remain high and may even morph into hyperinflation, writesThe South African Reserve Bank is unlikely to win the inflation battle despite its best efforts. Most of us are aware of the pain caused by inflation.

In reduces our buying power, it erodes our savings, and it leads to social tensions between groups. But too few of us are aware of the damage inflation does to economic growth. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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