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


Jul 29, 2021
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.
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.
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Kark rating, just like everything in SA.

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

EDIT: SARB: "Hold my beer"
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
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.