Sunday 7 August 2022

A New Season Beckons

It's been a while since my last post. A lot has been happening out there and in my life. In the part of the world where I live, this time of the year signifies the transition from the cold season to a warm season (and then hot season). It's a time of reinvigoration, refocusing and introspection on the purpose of life icluding what should drive us and the teleological objectives which position ourselves within the reality around us.

As a new season beckons us, we should not lose sight of what is required of us notwithstanding the vagaries of life which might push us towards unexpected and unpleasant stations in life.

Locally, (in Zimbabwe) the introduction of gold coins has created a buzz. I will touch on it soon. I had done some research on these matters as an independent scholar. I will explain in this issue soon. The local macroeconomic instability in prices, exchange rates and money supply growth is touching a raw nerve within households, firms, the government and individuals alike. The stability in these macroeconomic variables is something the authorities are sweating over in light of the various macroeconomic policy interventions. I will touch on that soon.

Internationally, the war in Ukraine has created global imbalances in the international goods and financial markets which has translated into food shortages and price inflation. If not attended to, the price inflation would translate into stagflation, something the world economies are not yet ready to grasp with (considering the available policy tools in existence). I will also touch on this soon.

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