Refreshing My Mind.

Knowledge is easily accessible Nowadays. More especially information. however, you need an academical background to specialise. You just need to have a smart phone and uncapped data to access information. This brings me to the main point of the piece. Modern Monetary Theory is the gospel truth. 

As someone who takes interest in economics. This is my view about the continued relation with CUBA. Rands cannot be spent in CUBA the same way the Cuban peso cannot be used in South Africa. Thus the rwltion goes beyond the futile arguments you find on mass media. As a result, CUBA either has to keep Rands as reserves or allow Cubans who are currently in South Africa to spend the Rands in South Africa. Nothing wrong right? Why the fake outrage?

The piece is aimed at emphasising the following. There is no tax that funds government expenditure. There is no policy certainty that will  drives economic growth in the most unequal country with the highest unemployment. Now to drive unemployment down. We will need for those who believe in nationalisation to be true nationalist. 

A true nationalist is willing to see their citizens progress. This can be driven in simple ways. Nationalise all mines, nationalise South African Reserve Bank and change its policy orientation. Lastly, address the unequal land distribution. 

It is under these conditions that unemployment can be addressed. Since one the South African Reserve Bank through treasury can create Rands from nothing and fund the following key industries for the South African economy. Education hence free education. Health hence National Health Insurance. Infrastructure which will force all labor to be absorbed. Lastly, the military this shall allow all labor to contribute meaningfully towards the countries prosperity. 

Sizwesihle is now ready to pen a piece every week. All leaves are written in the Spaza shop he runs in Vredendal. 🏃🏿‍♂️🚩😂.