TALKING STOCK
RICARDO SMITH: A song of inflation and interest rates
At a time of high interest rates, investors tend to have a high-risk premium attached to capital provision
24 March 2023 - 05:00
If ever there was something to fear north of the wall, it is hyperinflation.
This has destroyed many economies including Greece, Zimbabwe and Argentina — sending its people on a worldwide diaspora in search of better economic prospects elsewhere. Central banks are therefore our night’s watch against the wildfire of inflation running rampant. But what happens when the main tool of containing inflation has negative repercussions of its own?..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.