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How South Africans Can Fight Back Against The Decline Of The Rand

Economists predicted a tough year for South Africa’s economy and their gloomy predictions are holding up so far.

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 , lofty interest rates and the inflation which rose above nine percent in February, the highest in the last five years , which added to speculation the central bank may resume raising interest rates.
Despite the attempts of the Reserve Bank to lower inflation by raising interest rates four times in 2007 the inflation rate has kept rising . 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. This and a possible hike on electrical rates of 60% promise to keep inflation aloft well above that 3 to 6% .
The Reserve Bank's credibility is at stake. The inflation numbers may be too dramatic for them to do nothing.
Governor Tito Mboweni said on March 19 the rand's drop will keep inflation above the target for longer than forecast. Since the central bank predicted that the interest rate would start dropping down within acceptable range after the first quarter of 2008 and we seem to be going in the opposite direction that is not helping the Reserve’s reputation or credibility
The main reason for the current food inflation is a high global demand for wheat products, which puts an upward bias on local food prices. Other factors include grains, biofuel production and the demand for protein feed.
The effect of the increasing oil price on the price of gasoline has been a spike in prices. There has been a strong demand growth for oil from emerging markets such as China and India and this, in turn, has sent oil prices shooting up. .
So what can the individual man or woman in South Africa do in order to survive these turbulent financial times? This, of course, is a question with many small answers, not one big one. One would be foolish to expect the answer to fall from the sky or from the oil corporations or from the government. It is up to individual problem solving and grassroots movements of new technologies.
WATER4GAS is offering information at a low price which people can use in their garage or wherever to put together a small assembly which infuses hydrogen into the gasoline/air mixture that their car or truck runs on.
With WATER4GAS you can minimumly expect to improve your MPG by 30-50% or significantly more. With W4G gasoline is made consumable so you can improve your MPG.
It also helps to lower emissions significantly.The percentage of happy customers is about 99%! Isn’t it your turn now?

Article Source: http://www.articleadventure.com

Activist, songwriter, consumer advocate and entrepreneur, GARKO, shows you how to save up to 35% or more at the gas pump and that you can save on fuel consumption by making your car run on water For a list of current fuel prices in your neighborhood email garko@startlingdiscoveries.info

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