By Richard J Grant
Books of interest:

http://realrand.blogspot.com/2004/11/some-books-of-interest-to-those-who.html

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My latest in Business Day on inflation & currency value

Downward-trending inflation ensures rand will not become worthless Despite the recent inflationary pulse, monetary conditions now suggest a resumption of the downward trend within a year 03 AUGUST 2021 - 10:32  RICHARD J GRANT “The rand is worth nothing,” was a regular refrain 30 years ago. It was not true then, just as it is not true now. But by 1991  ...   Continue reading at Business Day https://www.businesslive.co.za/bd/opinion/2021-08-03-richard-grant-downward-trending-inflation-ensures-rand-will-not-become-worthless/?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1627979858
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New articles on Substack:

See all:  https://richardjgrant.substack.com Most recent articles:    Delta, epsilon, … short gamma: Or how we can ruin everything https://richardjgrant.substack.com/p/delta-epsilon-short-gamm a Bolt down the debt ceiling https://richardjgrant.substack.com/p/bolt-down-the-debt-ceiling
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How limits to economic freedom are behind SA’s failures

How limits to economic freedom are behind SA’s failures Business Day - 12 SEPTEMBER 2019 by RICHARD J GRANT Economics is entirely about human relationships. None of the other “scarce resources” would have any value at all without people. No resources are employed without the employment or attention of at least one person. And there is no “economy” without an exchange between at least two people. We are blessed, though, to have millions of people with whom we might find friendship and with whom we might engage in mutual service through exchange. Throughout the centuries people have engaged in trade with others near and far. Today we can buy goods made by people from almost anywhere in the world, people we are unlikely to meet. Yet, through a complex supply chain, we have a network of friendships, mostly anonymous and distant, each of which is consummated through the mutual benefits of trade. Our connection to those people makes possible the lives we lead and the stan
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