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