Post
Topic
Board Economics
Re: Does SNB see something that we don't know?
by
johnyj
on 31/01/2015, 05:25:09 UTC
A view that the swiss franc will collapse:

http://www.safehaven.com/article/36515/the-swiss-franc-will-collapse

"The Bottom Line

The problem of falling rates is crushing everyone, but raising the rate cannot fix the problem. It should not be surprising that, after decades of capital destruction -- caused by falling rates -- the ruins of a once-great accumulation of wealth cannot be repaired by raising the interest rate."

I don't totally agree with this article, but he brought up a good question: Would it be possible to raise the rate again after so many years of near zero or even negative interest?