There are "dark forces" in the economy working against the SARB’s mission to control inflation — Dawie Roodt

[mylesillidge]

Reserve Bank battling "dark forces" in South African economy

Efficient Group chief economist Dawie Roodt said the South African Reserve Bank (SARB) could try to prevent inflation from getting out of hand, but, eventually, the structural issues in the economy – “the dark forces” – will prevail.

The SARB’s Monetary Policy Committee (MPC) increased South Africa’s interest rate by 50 basis points on 25 May.

 

[nicroets]

Setting interest rates is fairly simple:

Taylor rule - Wikipedia

en.m.wikipedia.org

The SARB cannot increase (or decrease) potential GDP (natural output). It can only affect demand.

 

[Moto Guzzi]

Nothing can work as previously dreamed up, the ship has sailed. You will be forced to understand modern corruption of the World(This is a igital Titanic), forget about SA for a moment.

 

[RonSwanson]

The "duck forces" are lekker AA, Transformation and BEE!

 

[S.Claus]

They make it sound like their fighting the devil with a pencil meanwhile it’s just incompetent individuals who have no business running a country.

 

[rh1]

The "duck forces" are lekker AA, Transformation and BEE!

Whilst this is bad for a country that claims to be non-racist, it is the corruption, nepotism, lack of morals and/or ethical leadership within our politicians and government that is slowly strangling this country.

 

[FiestaST]

Kark rating, just like everything in SA.

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Fuego negro: Directed by Bernardo Arellano. With Tenoch Huerta, Eréndira Ibarra, Dale Carley, Ariane Pellicer. In search of his sister, a renegade criminal seeks answers at a sordid hotel where he encounters a sinister guest and romances a mysterious waitress.

www.imdb.com

 

[borro]

 

[Solver]

Dark forces = anc scum

 

[Vorastra]

View attachment 1535411

Not dark enough.

 

[r00igev@@r]

Is the ANC going to play the race card by being called dark?

 

[Paulsie]

Let me see. Paying 18% more for electricity when it is available, spend even more when it is not and we're blaming the SARB for driving inflation (rising prices)??

 

[RonSwanson]

Whilst this is bad for a country that claims to be non-racist, it is the corruption, nepotism, lack of morals and/or ethical leadership within our politicians and government that is slowly strangling this country.

...all of which use the legislated racism central to BEE, AA and Transformation as a cover and justification for their nefarious goals. They go together like battery and torch, they feed off one another in a symbiotic relationship.

 

[Shadowchaser1]

Dark force s = anc scum

Weird they don't mention the 3rd force or something. Can't remember really, wasn't there a 3rd force of some sorts years ago in SA?

 

[r00igev@@r]

Weird they don't mention the 3rd force or something. Can't remember really, wasn't there a 3rd force of some sorts years ago in SA?

Party before country is the 3rd force.

 

[KleinBoontjie]

I'm curious, what is the chances of hitting a 23% interest rate, like we had back in 1998?

EDIT: SARB: "Hold my beer"

 

[Unreal]

Dawie Roodt needs his own special section on MyBB.
Maybe even an office. Actually he’s a staff member, he should also be getting medical aid and pension fund

 

[Adeptus Mechanicus]

Weird they don't mention the 3rd force or something. Can't remember really, wasn't there a 3rd force of some sorts years ago in SA?

That was the supposed white nationalist bogeymen hiding in the shadows and plotting to destabilize things the ANC were doing a good job f*cking up themselves.

Straight out of a George Orwell's 1984 and Animal Farm basically.