*  *  *  I was honoured and delighted to have the opportunity to join the South African Reserve Bank as a Deputy Governor at the start of this year.
Parents can put money away to help their children with their education or for their own retirement without worrying that inflation will erase the real value of their savings. Businesses can plan expansions with reasonable forecasts of how inflation will affect what they will need for wages and investment. The benefits of inflation control are confirmed by history.