[C19fan]

Starting with the Euro crisis the Swiss have been maintaining a fixed exchange rate against the Euro. The Swiss are trying to prevent an increase in the Swiss Franc supply, preventing inflation, as another wave of hot money flows into Switzerland.

[Yo-Yo]

Judging by how fast the Ruble is dropping, I doubt that a 0.25% loss would be a disincentive.

[Grampa Dave]

Good.

More Russian people with transferable cash assets will be buying more American dividend paying stocks/ETS and bonds.

There was a picture this morning in our small local fish wrap showing Russians in panic buying modes trying to buy big cost items before their Rubles went down even more.

[kidd]

Its 1930 all over again.

Deflation. High real unemployment. Numerous cells of military tension all around the world. Inept American leadership. Socialism on the rise.

[I want the USA back]

Calling it a negative interest rate might fool a few million Americans, but I doubt it will fool any Swiss. It’s confiscation pure and simple.

[expat2]

The Swiss are going to have to make a decision soon on whether to untie their Franc from the Euro or to continue creating and selling more Francs and buying Euros.

[AU72]

That’s when keeping your money under the mattress yields a better return.

[Army Air Corps]

Ping.

[Army Air Corps]

Ping.

[Organic Panic]

Germany is doing the same. This is an ominous sign.