Photo by Claudio Schwarz on Unsplash
The Swiss National Bank just issued a very rare warning hinting at currency intervention in the franc. While there is a mini-panic mainly in the mainstream media over oil being inflationary, look instead at what is going on in Switzerland and how it got to be this way. The last few years of consumer prices and interest rates. They are instructive about what we should expect everywhere else – including what happens when the world gets hit with a major oil spike.
Video Length: 00:18:09
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