In case you thought the Swiss National Bank understands its monetary system
March 20, 2009 at 09:58 AM EDT
[Skip to the end] Interesting the legendary Swiss National Bank doesn’t yet understand it’s own monetary system. Seems their understanding has yet to move beyond the days of the gold standard. SNB Moves Are Defense Against Deflation, Jordan Says by Simone Meier Mar 19 (Bloomberg) — Swiss central bank Governing Board member Thomas Jordan comments on the economic outlook, [...]