HILARY JOFFE: A welcome, salutary look at quantitative easing
16 June 2019 - 00:09
So we know Ace Magashule's macroeconomics are so dodgy that he can't tell quantity easing from quantitative easing (QE). And we know (or should) SA isn't really a candidate for QE, which advanced-economy central banks resorted to only because they'd already cut interest rates to zero to avert a global depression...
There’s never been a more important time to support independent media.
From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.
For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.
Already subscribed? Sign in below.
Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.