Don’t we want to be "buy and hold" shareholders rather than high-frequency traders? Today’s event aims to raise awareness about all these questions. But there is at least one other aspect which is of paramount importance, and especially so from the perspective of banking supervision.
Precisely by how many is debatable and will depend on the precise definition of inflation-targeting countries but I note that the merits of inflation targeting continue to be debated in the US. Inflation targeting in South Africa was formally introduced on 23 February 2000 with the announcement of a 3 to 6 per cent target for 2002.