This And A Possible Hike On Electrical Rates Of 60% Promise To Keep Inflation Aloft Well Above That 3 To 6%

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In south africa, monetary decline is the buzz - the south african economy was expected to have a rough ride this year and it has and there is no quick fix in sight. The Reserve Bank' s four interest rate increases last year failed to bring inflation back within the 3 percent to 6 percent target range. People were advised to be extra careful this year when spending as they will start to feel the pinch from rapidly rising prices of food and fuel, high interest rates and the effects of the Nation South African inflation which climbed above 9 percent in February for the first time in almost five years, which caused many to be concerned that the interest rates could be going even higher.

The Rand is one of the few currencies in the world which has done worse than the dollar, decreasing by 15 percent in comparative value this year. - all of this is giving the central bank a black eye and ruining their credibility because the numbers are increasing dramatically and they seem to not be able to control them. This and a possible hike on electrical rates of 60% promise to keep inflation aloft well above that 3 to 6% . Governor Tito Mboweni said on March 19 the rand' s drop will keep inflation above the target for longer than forecast. We seem to be still going in the wrong direction and that is only hurting credibility of the banking institution. In January, the central bank forecast the inflation rate will peak at an average of 5 percent in the first quarter and drop within the target by the end of the year.

The inflation of the price of food is a different story, the main force which is propelling that is the international shift towards growing of crops for food to growing of the same crops for biofuel, especially in the US. - so what can the individual man or woman in south africa do in order to survive these turbulent financial times? The increase in gasoline prices is largely due to increased demand from countries such as China and India and this is likely to continue. This, is a question, of course with many small answers, not one big one. It is up to individual problem solving and grassroots movements of new technologies. One would be foolish to expect the answer to fall from the sky or from the oil corporations or from the government.

WATER4GAS is providing information at a low price which people can use at home to build a small device which instills hydrogen into the gas/ air mixture that their vehicle runs on. - with w4g gasoline is made usable so you can reduce your gas usage. Using Water4Gas you can reasonably expect to reduce your gas usage by 30 - 50% or significantly more. It also helps make emissions significantly cleaner. Isn' t it your turn now? Happy members number about 99% !