SA INFLATION A DEFLECTION OF OUR MONEY CYCLE

SA Inflation a deflection of our Money cycle.

The annual inflation rate rose to 5.9% bare in mind that just in 2020 our inflation rate was 3.28%.Some statics shows that the inflation accelerated to 6.5% in may from 5.9% that was in April.The petrol price went up , affecting the goods prices of our country not long we have seen how people were moaning about the fish oil price being up insanely in a very short period of time without a warning.When you go to near by garage to buy bread we saw how mad the price of bread was , and for those who takes public transport to work or school or visit family just realised that the transport fee is not the same as two months ago.South Africa is a country with high unemployment rate of 34,5% young people being majority of that percentage , this simply mean that people can't afford food, electricity, and other basic needs making poverty rate high with about 30.3 million people across the country. We have seen about 199 children under the of 5 dying of hunger January and February of 2022.One out of ten people go hungry in a day , raising micronutrients deficiency the irony is we have wealthy minority who are barely concern about food prices throwing those food away almost everyday and feeding animals with expensive food and well medical care.Our currency value have never grown it's previous state , on the other hand the goods and services prices are rising up like a parachute. For those who are in business especially those who aquired tangible assets are smiling on their way to the bank when we experience inflation ,like they say someone's pain is someone's happiness the inflation raisee property value for those in property and stocked commodities. Monetary was going to be better way of experiencing inflation, if the government was making more money and giving it to the citizens.Look at Demand-pull inflation, cost-push inflation, and built-in inflation so many types of inflation eating one country up.Looking at demand-pull effect it is created by consumers spending more on a certain product than any other goods hence the increase in that product somewhere some how we play a role in inflation.We are negatively expecting inflation to take over as if it is a rain that will makes our crops grow knowing deeply that it is just a rain that favours the privilege plants on the ground.We set traps before us now we must know that a society that is more concise of it's economy it shall reap more and conquer until the last days.

Written by: Kagiso sejamoholo