Handre(@Handre):Anyone who lives in South Africa knows these so called inflation numbers are completely made up nonsense. Everything in this country is twice as expensive as it was before covid, yet we are supposed to believe inflation figures of 2-5% per year😂 It’s laughable that they present these figures with a straight face.

2026.10.27 08:11

Anyone who lives in South Africa knows these so called inflation numbers are completely made up nonsense. Everything in this country is twice as expensive as it was before covid, yet we are supposed to believe inflation figures of 2-5% per year😂 It’s laughable that they present these figures with a straight face.

Steve Hanke@steve_hanke

2026.10.27 00:22

South Africa’s inflation came in at 4.5%/yr in Sep. That's above SA's target. Money supply (M2) is growing at 8.1%/yr, ABOVE Hanke’s Golden Growth Rate range of 4.3-6.3%/yr, a range consistent with SA’s inflation target of 2%/yr-4%/yr. INFLATION STORY = A MONEY SUPPLY STORY.