Albert Einstein is rumoured to have said “Insanity is doing the same thing over and over and expecting different results”. 3 months ago at an event hosted by Wits School of Governance – the last time the South African Reserve Bank increased interest rates – Governor Lesetja Kganyago asserted “We hear your cries… We do not derive joy from people losing their houses and their cars…”. He further inferred that short-term “pains” are necessary to prevent the “erosion” of our income in the medium term.