Inflation Is Not The Answer

Economic Inflation

In the world of economics, inflation is defined in simple lay terms as: ‘Too much money chasing too few goods.’  This translates into the reality that the answer to bringing the inflation rate down and therefore, ensuring a strong economy and raising standards, lies not in releasing more money into the system, but rather, increasing the production and efficiency factors in the country.  In other words, the nation needs to produce more goods and services (and of a higher level than previously), while foregoing a demand for unreasonably high salaries to a low production ratio.  To put it more simply still, people need to be more diligent and responsible, and work harder – Oooh!  Did I use a dirt word and say word harder?

Simply increasing salaries at the cost of low production results in prices rises, which results in turn, in demanding higher pay, which further results in pressure on the government to release more money into the economy, which means further still, minting more money, which means we are no further forward but are actually far worse off than before as we are now in a downward spiral of self destruction.

Education Inflation

The prevalent education challenge in the country relates to that of the economic quandary.  The latest; 15^th December 2010, information fed to the population by the radio media; SA FM 7:30 and 8:00 am news bulletins, is that teachers are being pressurised into inflating the marks of students: ‘’Learners must be passed.”  This applies especially to grades 10 and 11 students.  Nothing was said on the bulletin about how to improve the perennial dropping of the standard of students.  This equates to printing more money rather than improving the production level in an economy.  It was implied, but not directly stated on the news bulletin that this ‘policy’ emanates from the Department of Education.  I have tried in vain so far, to verify the facts which were presented in such a vague format by SA FM.

I suspect that possibly due to the devastating matric pass-rate history over the passed 10 years or so, someone possible has a glimpse of the chopping-block ahead and is getting nervous about another imminent, disastrous year-end result, and to blazes with the future of the country.  Is it possible a case of: ‘it is grand being a ‘head-honcho’ and the accompanying perks, but occasionally the heat gets to you?’

This blog site is intended to address situations as we find them and see them for what they really are.  Our Brain Coaching blog site offers remedial practical solutions, see: braincoaching.blogspot.com.