Tag: price inflation

Modern monetary theorists argue that nations with monetary sovereignty can never run out of money to fund projects. They can always issue more currency whenever they need it.

Consumers in South Africa are under immense pressure with a cascade of bad news resulting in increased prices at the till. Producer Price Inflation continues to rise, with the latest figures showing an increase from August’s 4.3% to 5.1% in September: things are going to keep becoming more expensive following higher fuel prices, a high lending rate to try to keep inflation in check and a weak, volatile Rand. Despite this, retailers have to sell goods and consumers need to buy goods.

It’s that time again, early in the new year, when we are speculating as to what 2022 may hold, in this case for the property part of the South African economy. In a still-weak, albeit improved, economy with rising interest rates, property market fireworks don’t appear to be on the cards this year.