For those who see conspiracy in the steep plunge in the value of the rand against the US dollar, the graph below showing the decline of the Australian dollar can only mean a similar conspiracy against the Australian currency. If you don’t believe in conspiracies — which is not the same as acknowledging that traders […]
currency
Posted inBusiness
The rand’s fall – it’s deja vu all over again
At around R13 to the dollar now, our exports must be quite competitive. They could get quite a lot more competitive soon. At the same time as being a temporary boon for the mines, a weaker currency should boost the trade balance because we’ll all have to cut back on imports. A weaker currency also […]
Posted inBusiness, Equality
A world where time replaces money as currency
Isn’t it amazing how a huge money-spinner of a film, made on a budget of millions, obviously in anticipation of making a sizeable profit in moviehouse-attendance and on DVDs, can tap into something that goes diametrically against the grain of its own production rationale? What it taps into, is the latent desire on the part […]