PANDA chairman Nick Hudson is paying a heavy price for challenging the popular Covid-19 narrative. It’s bad enough when his words are twisted by critics. But it must have really hurt when former classmates rounded on him as an “anti-vaxxer” (which he has repeated stated he is not) at a recent St Stithians reunion. Such is the power of widely published commentary.
Compared with the US, however, SA is behind the crusading media curve. The WSJ’s Editor at Large Gerard Baker kicks off his latest Free Expression column with a long list of lies propagated by major media outlets. A reminder of something Hitler’s master manipulator Goebbels supposedly said: “If you tell a lie big enough and keep repeating it, people will eventually come to believe it.”
Baker’s argument is compelling. He also concludes, however, this too shall pass. The pendulum always swings back. It may well have started as more people awaken to another media-propagated lie that maintains inflation is dead. It isn’t. Below are links to fresh articles to help you prepare accordingly. Click here to watch Piet Viljoen’s take on how inflation will impact investment markets.
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More for you to read today:
* What Does Inflation Mean for businesses? For Some, Bigger Profits. Nearly two out of three of the biggest U.S. publicly traded companies reported fatter profit margins than they did before the pandemic; ‘a very unprecedented environment’
* Inflation Surge Pushes Gold to Five-Month High. Climb in the haven asset accompanies other signs that investors are starting to seek more protection from rising consumer prices and interest rates
* Biden’s Spending Gives Milton Friedman the Last Laugh. The monetarist ‘isn’t running the show anymore,’ the 46th president said in 2020. Would that he were.
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