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Finance

Living Annuity Platform (LISP) Comparisons in South Africa

In this post I will be giving an overview of┬áLiving Annuity Platforms and comparing them from a South African perspective. What is a Living Annuity? A living annuity is an investment product that usally takes a single big contribution once as a lumpsum, usually from the proceed of the death of a family member or […]

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Finance

The Real Inflation rate for Consumers in South Africa

Update: December 2021 Note: I wrote this some years back. After learning more and listening to more people it is clear that inflation is not a single number. We want to summarise it as a single number but different things will change in value based on their supply and demand which is in turn influenced […]

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Summary of 97% Owned Financial Documentary

97% Owned Seigniorage – a form of fund raising for the government by selling currency to commercial banks. It created bank notes for 4 pence, and sells the note to bank for 10 pounds, the profit goes straight to treasury and reduces tax burden. In 10 years the Bank of England raised 18 billion pounds […]