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SNB Chairman Thomas Jordan jumps ship!  Maybe he was atoning for his role in squashing the Save Our Swiss Gold referendum?  Maybe it’s just one step at a time towards sound money.  The Swiss Franc rose sharply against all currencies after the un-pegging from the Euro, thus making Switzerland a big “Loser” in the Race to the Bottom… of the lake in this cartoon.

Posted by Jon On 02/11/2015 at 6:02 pm
 
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Swiss Lose Currency War

Category: International 2027 Views
 
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