If you want to know what Central Bankers SHOULD be doing, and doing right, watch this lecture by our Governor of the Central Bank.
Fun Facts: South Africa started raising rates at least 6 months prior to 2022 inflationary rise, at the dismay of the ECB and others. We then started easing off rates at 25 bps instead of the gun-ho 50 bps that the USA and others are doing.
South Africa is a unique place where any small change in inflationary pressure will literally kill people. Here, these percentages are life or death and the Reserve Bank actually takes that very seriously.
These are central bankers that are actually admired for their work. Now that's saying something;
