Here we go

So it's time. Nearly back in Grahamstown, G-Funk, Jazzy-fizzle, G-Jelly, call it what you will. I, for one am excited. Sure, don't get me wrong, I love being at home with my old friends and parents and what-have-you, but living away from home simply cannot be beat.

No one says, "Get off your paddon-ka-donk and do something," or "Why are you so drunk? God, Julien, it's 4 am and you stumble in and piss on the front stoep!" (That last one has not yet happened).

But, for me one of the major downsides to living alone is that you have to buy everything yourself. You can't just rock down to the fridge and drink Coke out of the bottle. The closest to that I get is a sip of hot, stinky, dirty water from the tap. Bleh. But, as they say, every fork has it's prong. (Well, thats not really a saying... yet)

So, let us hope that the world favours me this year...

Y'all should see some good picks and some other lovely things from me in the next little while...

much lurve

Economics

So, here's a thought that has been bothering my for quite a while.

If the inflation is so high is South Africa that we are given ridiculous interest figures at banks and on retail bonds, is it helping or not?

The idea behind high interest rates at banks is to curb inflation, but it just compensates for it and drives it further and further.

For example. Bob may put R10000 in the bank and in 10 years that will grow to R17000, in theory. Now, inflation, set at around 6% or so, is compensated for by this. But now Bob has more money to spend, but the same buying power as he did 10 years before. See my point?

Let me know what you think.

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