Articles
Institutionalised poverty: Taxation, regulation, and inflation in South Africa
Poverty in South Africa is not some tragic accident or a cruel twist of fate.
14 July 2025
Poverty in South Africa is not some tragic accident or a cruel twist of fate.
The more government spends from freshly minted currency, the more these pressures build.
Capital isn’t just money sitting in a bank account. It’s real stuff:
Money is at the heart of everyday life.
Governments cannot “go broke” as households and businesses do, because they can always issue more currency to fund whatever they desire.
Most people think inflation just means prices are going up.
The FMF’s comprehensive Liberty First policy agenda for the new political order.
Modern Monetary Theorists (MMTers) use lots of technical jargon to conceal the asininity of their proposal.
MMTers employ all kinds of sophisms to try to hide the fact that deficits are indeed inflationary and therefore harmful to economies.
Reckless monetary policy is the kiss of death for any society. It should be a no-brainer that the GNU should take steps to insulate SA’s present and future from such a fate.
