Today, we want to say two things about negative interest rates. The first is really simple. Anyone who believes in a theory of interest that says “the savers demand interest to compensate for inflation” needs to ask if this explains negative interest in Switzerland, Europe, and other countries. If not, then we need a new theory (Keith just presented his theory at the Austrian Economics conference at King Juan Carlos University in Madrid—it is...
Read More »
Tag Archive: perverse outcome
The Toxic Stew, Report 7 Oct 2018
Last week, we shined a spotlight on a crack in the monetary system that few people outside of Switzerland (and not many inside either) were aware of. There is permanent gold backwardation measured in Swiss francs. Everyone knows that the Swiss franc has a negative interest rate, but so far as we know, Keith is the only one who predicted this would lead to its collapse (and he was quite early, having written that in January 2015).
Read More »
Read More »
Donate to SNBCHF.com
Donate to SNBCHF.com Via Paypal or Bitcoin To Help Keep the Site Running
Please consider making a small donation to Snbchf.com. Thanks
Bitcoin wallet: bc1qa2h6hgd0xkuh7xh02jm5x25k6x8g7548ffaj3j
Receive a Daily Mail from this Blog
Live Currency Cross Rates
On Swiss National Bank
-
Devisen – Euro kostet erstmals seit Ende 2019 mehr als 1,10 Franken
4 days ago -
Weekly SNB Sight Deposits and Speculative Positions: SNB buying euros at high prices
6 days ago -
Understanding Minimum Wage Mandates: Empirical Studies Aren’t Enough
13 days ago -
Gold Could Offer A Way Out Of Switzerland’s Failing Inflationist Experiment
20 days ago -
Devisenreserven der SNB steigen im Januar um 3,90 Mrd Fr.
23 days ago
Main SNB Background Info
-
Weekly SNB Sight Deposits and Speculative Positions: SNB buying euros at high prices
6 days ago -
The Secret History Of The Banking Crisis
2017-08-14 -
SNB Balance Sheet Now Over 100 percent GDP
2016-08-29 -
The relationship between CHF and gold
2016-07-23 -
CHF Price Movements: Correlations between CHF and the German Economy
2016-07-22
Featured and recent
-
FX Daily, February 26: Fed Hike Ideas Give the Beleaguered Greenback Support
-
Monatsupdate Max Otte Multiple Opportunities Fund (MOMO)
-
Three Things About Today’s UST Sell-off, Beginning With Fedwire
-
How Much We Spent in 2020 – Full Expense Report
-
Want More Entrepreneurship? Embrace Long-Term Legal Stability.
-
How High is Too High for Rising Government Bond Yields?
-
Bulls, Bears, and Beyond: In Depth with James Grant
-
Episode 13: The Pressing Problem With “Money Printing”
-
The PRO Act Is Not Just a Union Handout—It’s an Assault on the Freedom of Association Itself
-
Japan’s Well-Fed Zombie Corporations