I robbed my own post office of R100 000, says manager

[BBSA]

He can only be black if he works for the guvament.

How is the colour of his skin relevant?

 

[Milano]

so you never heard of inflation then

where do you think inflation comes from?

"Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output." Milton Friedman

I wonder who controls the quantity of said "money"

care to post one article?

I mean Milton Friedman is regarded as the father of monetary economics, I guess he must know absolutely nothing about inflation then

and what is inflation targeting, and who sets the targets? institutions which are not banks?

who controls the interest rates and "money" supply as stated in your reference

government sets the repo rate

Ohmygaaaawd please stop

 

[ɹǝuuᴉM]

Don't be a lying sack of, his name is given in the article and obviously black as you well know.

Why on Earth you +comrades, expect me to google every name? Is race that important to you? I see now how it should be done. On the other hand keep on insulting - just don't be surprised when the ban hammer falls.

 

[ɹǝuuᴉM]

He can only be black if he works for the guvament.

Honestly, are there no white people working for the South African government? Now I see, very probably he is black and I also see the comrades turning this into a race issue. But than again, it is Monady and I don't feel like starting the week with an Armada fight.

 

[cheesus]

Honestly, are there no white people working for the South African government? Now I see, very probably he is black and I also see the comrades turning this into a race issue. But than again, it is Monady and I don't feel like starting the week with an Armada fight.

Nope, none the commies worked them all out. The closest we came was Trevor Manuel.

 

[Flanders]

It's okay. We're all part of the Turd Force in his book. Welcome to the club - the reality club.

/edit: Oh sorry, you were a member already ...

Ted Vos - international man of mystery

you people are all the same

 

[saturnz]

Exactly.

You are scoring own goals again

except it doesn't...

Reserve Bank keeps repo rate unchanged at 6.5%

The rate also helps target inflation. The recent inflation rate is at 4.3% — which is well within the central bank’s target of 3% - 6%

mg.co.za

I don't see "government keeps repo rate unchanged"

 

[Milano]

It's okay. We're all part of the Turd Force in his book. Welcome to the club - the reality club.

/edit: Oh sorry, you were a member already ...

Who knew anyone could find the truth so threatening Can only trust that someday he will find a treatment for the paranoia before it entirely consumes him.

 

[Splinter]

except it doesn't...

Reserve Bank keeps repo rate unchanged at 6.5%

The rate also helps target inflation. The recent inflation rate is at 4.3% — which is well within the central bank’s target of 3% - 6%

mg.co.za

I don't see "government keeps repo rate unchanged"

Ok, lets get more specific then as to what the Reserve bank is

Banker and Advisor to Government - South African Reserve Bank

www.resbank.co.za

Banker and Advisor to Government
Banker to Government

The Bank provides banking services to the central Government, although this function has been trimmed down after the Government began holding cash balances with other banks. The Bank does not provide banking services to provincial governments, local authorities or state enterprises.

The Bank is, however, responsible for the movement of government balances to, from and between other banks. Such movements have an effect on the cash holdings of banks and, therefore, serve as a convenient additional instrument for managing the liquidity of banks.
The Minister of Finance has delegated to the Governor and/or a Deputy Governor as well as to the General Manager of the Financial Surveillance Department (and to other officials in the Department), all the powers, functions and duties assigned to and imposed on the Treasury under the Exchange Control Regulations (with certain exceptions).

So, it's certainly not part of the bank(s) you were referring to earlier. It's essentially an independent part of government.

The Reserve bank also plays a governing role with other banks.

Management of the South African money and banking system


Nice try though

So, carry on explaining how, say, FNB controls inflation, and, then, how this is used to steal money from us.

 

[Splinter]

government sets the repo rate

except it doesn't...

Reserve Bank keeps repo rate unchanged at 6.5%

The rate also helps target inflation. The recent inflation rate is at 4.3% — which is well within the central bank’s target of 3% - 6%

mg.co.za

I don't see "government keeps repo rate unchanged"

So which was it?

 

[saturnz]

So which was it?

you forget I said what I said in response to you saying this

Government. Ever heard of the repo rate?

 

[Ancalagon]

Oke if you only steal R100 000 from the post office, you're never going to make it into the big time. Come talk when you are stealing millions like the rest of the senior members of the ANC - maybe then you can be promoted and redeployed as the Deputy Minister of Inland Surfing Competitions.

 

[ForceFate]

He can only be black if he works for the guvament.

Many white managers and general staff working for government. You're talking out of your rear orifice.

 

[ForceFate]

Why on Earth you +comrades, expect me to google every name? Is race that important to you? I see now how it should be done. On the other hand keep on insulting - just don't be surprised when the ban hammer falls.

Race is your ONLY argument in every thread. Want examples?

 

[Ancalagon]

Many white managers working for government. You're talking out of your rear orifice.

Very few though, since AA is stringently enforced.

I know someone who works for a municipality, and has worked for them for like 15 years. But he made the mistake of being born white, and he has been told - told - he will never be promoted. I don't think he is even a manager.

They told him, to his face, you will never be promoted.

This is AA for you.

 

[ForceFate]

Very few though, since AA is stringently enforced.

I know someone who works for a municipality, and has worked for them for like 15 years. But he made the mistake of being born white, and he has been told - told - he will never be promoted. I don't think he is even a manager.

They told him, to his face, you will never be promoted.

This is AA for you.

How many is few? DHA, SAPS, SARS, etc. Don't even mention SOE's.

It's total lie to say there are no white people working for government.

 

[Ancalagon]

How many is few? DHA, SAPS, SARS, etc. Don't even mention SOE's.

It's total lie to say there are no white people working for government.

Yes, there are white people working for government, but let's not be dishonest and claim that white people have a lot of representation in upper management of government and/or SOEs. They don't. How many cabinet ministers are white? I can think of one off the top of my head and I don't know if he still is minister - Derek Hanekom.

To say nothing of the vast hordes of middle managers. Face it - white people are not welcome in government.

Must I dig out court cases of police officers who were wrongly refused promotion because they were the wrong skin colour? In some cases, being coloured is not enough, you must now be black. There have been more than one such case that featured on MyBB.

 

[Splinter]

you forget I said what I said in response to you saying this

That's no excuse

 

[surface]

Many white managers and general staff working for government. You're talking out of your rear orifice.

Stats - This is where I miss @f2wohf

 

[Splinter]

Race is your ONLY argument in every thread. Want examples?

Have to agree. The dude is not subtle about his agenda....