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The interest rate policy of the Reserve Bank and all other central banks in the world is the greatest single delusion in the total economic science because nothing else can be further from the truth as the claims that monetary policy can control the inflation rate, can protect the exchange rate and can promote economic growth," says Fanie Brink, an independent agricultural economist.


“Die rentekoersbeleid van die Reserwebank en al die ander sentrale banke in die wêreld is die grootse enkele dwaling in die totale ekonomiese wetenskap omdat daar niks verder van die waarheid verwyder kan wees as die aansprake dat monetêre beleid die inflasiekoers kan beheer, die wisselkoers kan beskerm en ekonomiese groei kan bevorder nie,” sê Fanie Brink, ‘n onafhanklike landbou-ekonoom.


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