I wonder how many of us stop to think about the terminology used by marketers when selling us the ever increasing variation of products? Marketers like politicians and economists have one thing in common, they use jargon to make us question less to fast track purchasing decisions

..except skin experts and beauty enthusiasts, whoever stops to think about the relation to charcoal- -carbon- Q10 to our biggest organ? Now why am I thinking of this during a lockdown that's going to decrease our collective disposable income to purchase some of these products

In life there's the esoteric, which is on the increase, and the exoteric which is on the decrease because we all want to sound smart. Anyways let's sound simple for the purpose of this thread. A week or so ago SARB announced its intention to lower reserve margin requirements....

..to effectively enable banks to create extra R540billion through loans during the Covid19 crisis. SARB had just earlier cut interest rates by 1% so that the public could collectively enjoy R49 billion rands spending power....how that turns out per person is up to you to figure..

No event ever takes place in a vacuum; yesterday's announcement by SARB of another 1% cut on interest rates didn't just happen... something else took place, newspapers pulled Tito out from nowhere to announce that Treasury is looking for money...where is Treasury gonn get it

Commercial banks have just gotten R540 billion in extra liquidity from Uncle Lesetja about a week ago, will they lend to me or you or our struggling businesses during this time when are likely to default? Noooo....easiest way is to lend to our Uncle from Magoebaskloof and...

....make easy free guaranteed interest money through buying Treasury Bonds. The biggest winner are once more going to be commercial banks during this crisis. Jargon works perfectly in this environment because whilst we're busy deciphering, deals have been concluded...no revolt!

Basically we've been placated through a 2% redistribution to households, which will buy an extra 2kg of rice and 12,5kg of pap or so...but the big boys will saddle us with high interest debt whilst SARB could have bought govy bonds at minimal interest to us. Time for breakfast