Ideologies, printing money, the Reserve Bank and QE
To the Treasury there are two kinds of QE in SA. One that is ideological and drives inflation; and one that is not
19 May 2020 - 16:34
Is there such a thing as non-ideological economic policy? The National Treasury and finance minister Tito Mboweni seem to argue against this: the minister, a practising neoliberal, is scientific and objective; his critics are ideological and subjective.
Chris Malikane showed a month ago that the SA Reserve Bank isn’t prohibited by law from lending new money directly to the government, undertaking quantitative easing (QE) or “printing of money” (even if this, today, is done electronically)...
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