Unless I am mistaken, is there not a race by the world’s governments to ensure their currency is valued lowest?
Looks like the Franc is a good investment now, anyway...
-——is there not a race by the world’s governments to ensure their currency is valued lowest-——
Perhaps, but the Swiss Franc was super strong. In his report several weeks just past, John Maudlin reported on a conference he attended in Switzerland. He paid US$12 for a diet coke and a short cab ride cost US$70.
They were undoubtedly feeling heat and the action noted is the result.