by George Dorgan
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The following tables show the SNB balance sheet in comparison to the one of the Bank of Japan, another central bank that strongly intervenes in markets.
The following graphs from Greshhams law show that the Bank of Japan mostly works on local assets and that on the asset side Japanese government bonds and on the liability side bank notes are most important.
George Dorgan (penname) predicted the end of the EUR/CHF peg at the CFA Society and at many occasions on SeekingAlpha.com and on this blog. Several Swiss and international financial advisors support the site. These firms aim to deliver independent advice from the often misleading mainstream of banks and asset managers.
George is FinTech entrepreneur, financial author and alternative economist. He speak seven languages fluently.
