Director’s Cut: Dawie Roodt - “Inflation is a process. We must fight it.”

Описание: South Africa’s top monetary voice, Dawie Roodt, says cutting inflation to 3% changes everything - interest rates, debt, the currency and even how businesses price their products. But there’s a catch. Roodt warns that the Reserve Bank cannot do it alone, and that politicians, municipalities and state-owned entities will fight the shift because high inflation hides their mistakes and pays their debt. He argues that if South Africans refuse unjustified price hikes, “we protect our money instead of letting it lose value.”

Timestamps
00:00 – Why the 3% inflation target matters
01:00 – Dawie Roodt explains why he loves prices
02:20 – What inflation really is
03:40 – Why high inflation hides economic signals
05:30 – Reserve Bank vs Treasury: who sets the target
07:00 – Why 3% is a big political problem
09:00 – Lower inflation hurts politicians in the short term
10:30 – How “open mouth policy” lowers inflation
12:00 – Why inflation expectations matter more than inflation
13:10 – Is 3.6% a problem?
14:30 – Can interest rates now fall?
16:00 – Why Treasury secretly benefits
17:00 – Pain of lowering inflation is over
18:10 – Will foreign investors return?
19:20 – How stable prices strengthen the rand
20:30 – Why most serious countries target inflation
21:30 – Can we trust the inflation number?
23:20 – Why prices are actually falling in real terms
25:00 – Medical inflation myth
26:15 – The responsibility now falls on all of us
27:10 – Don’t accept price hikes above inflation
27:50 – Closing: The pain is behind us

Video production by Asime Nyide

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