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A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Thu Jan 15th, 2015 at 10:37:09 AM EST
[ Parent ]
The move, given a subsequent influx of foreign money, will certainly buff up the Swiss foreign currency reserves. It wouldn't likely work were the weight of the SF in total currencies the size of the Euro, US$, JPY or Yuan.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Jan 19th, 2015 at 12:37:56 AM EST
[ Parent ]
And I know I can count on being corrected if way off base, and I will learn something. :-)

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Jan 19th, 2015 at 12:39:31 AM EST
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