DAWIE ROODT: Don’t blame the Reserve Bank for higher interest rates
It's the ANC government’s fault for creating an uncompetitive macroeconomic environment with their incompetence and corruption
28 May 2023 - 08:07
The Reserve Bank's monetary policy committee again decided to increase the repo rate this week. This increase will cause even more hardship for a struggling economy. Unemployment will increase, poverty will increase, social tensions will increase, and crime and all other bad things will be the result.
And that is exactly what the Reserve Bank wants to achieve...
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