Let’s hope Reserve Bank is not allowing a good crisis to go to waste
Churchill’s words are a context for assessment of current monetary policy
23 February 2021 - 08:07
History credits former UK prime minister Winston Churchill with the famous words “never let a good crisis go to waste”. The implication is that a crisis presents an opportunity to do things that would otherwise not be possible.
These words might provide the context for an assessment of the current monetary policy stance of the SA Reserve Bank. Is the Bank applying this principle in the grip of the Covid-19 crisis?..
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