SNB & CHF

Parmelin says every effort must be made to avoid imposing energy restrictions. ©keystone/peter Schneider The threat of energy shortages in Switzerland this winter should not be over-dramatised, Economics Minister Guy Parmelin has said in response to growing calls at the weekend for government action. A number of business groups and left-leaning political groups voiced concerns in last weekend’s newspapers, with some taking aim at the government for a perceived lack...

A New Type of Fighter Bonus The UFC has started paying fan bonuses to its fighters in Bitcoin. The UFC buys crypto at a fixed dollar amount and pays their fighters a bonus in cryptocurrency. As someone who loves the UFC and monetary economics, I wanted to offer an alternative solution to the UFC and its athletes. The Problems with Crypto This takedown of crypto will focus on the speculative aspect of cryptocurrencies. Crypto’s greatest draw is also its fatal flaw....

The Fed and other central banks have zero control of supply-driven inflation, period. America’s financial punditry is bewitched by four fatal fantasies: 1. Inflation is demand-driven. If the Federal Reserve (or other central banks) reduce demand with monetary tools like raising interest rates, inflation will cool. 2. Substitution of high-cost goods with lower-cost goods reduces inflation, and substitution is infinite: there’s always cheaper chicken if beef gets too...

Taken from "ReSolve Riffs with Jeff Snider & Emil Kalinowski of Eurodollar University on Inflationary Market Signals" https://youtu.be/Zo1w5Xofw-E ============================================================= For the transcript of this video visit: https://investresolve.com/podcasts/resolve-riffs-with-jeff-snider-emil-kalinowski-of-eurodollar-university-on-inflationary-market-signals/ ============================================================= For our latest research...

Taken from "ReSolve Riffs with Jeff Snider & Emil Kalinowski of Eurodollar University on Inflationary Market Signals" https://youtu.be/Zo1w5Xofw-E ============================================================= For the transcript of this video visit: https://investresolve.com/podcasts/resolve-riffs-with-jeff-snider-emil-kalinowski-of-eurodollar-university-on-inflationary-market-signals/ ============================================================= For our latest research...

Im Iran wurde in den letzten Tagen Equipment der Mining-Farmen beschlagnahmt. Offiziell heißt es, dass die iranische Regierung damit Blackouts verhindern wolle, die durch Strommangel verursacht werden. Crypto News: Crypto-Mining-Farmen im Iran beschlagnahmtInsgesamt berichtet die Regierung von 9.404 beschlagnahmten Mining-Geräten. Bei den Farmen handelt es sich jedoch vor allem um illegale Einrichtungen, die nicht offiziell gemeldet sind.Schon im letzten Jahr kam es...

 Overview:  The poor eurozone PMI underscores likely recession and weighs on the single currency, which was sold to a new 20-year low.  Rather than a "Turn Around Tuesday"  a broadly consolidative session is unfolding. Asian and European equities are weaker, while US futures are positive but little changed.  Benchmark 10-year bond yields are mostly firmer and the premium offered by Europe's periphery is edging higher.  The US 10-year is little changed near 3.02%....

The region offers skiing in winter and mountain hiking in summer. © Keystone / Urs Flueeler The Andermatt Swiss Alps (ASA) company, majority owned by Egyptian financier Samih Sawiris, is to build a new 1,800-bed Alpine resort in the Sedrun region in southeast Switzerland. The complex in an undeveloped area of Dieni village will include 13 buildings, including several hotels, residential buildings, shops, restaurants and leisure facilities, the company said on Friday....

Even currencies maintaining convertibility to gold are still subject to bond yields, interest rates, trade and capital flows. It’s widely held that all of our financial woes are the result of abandoning the discipline of the gold standard in 1971. The premise here is that if the U.S. had maintained the gold standard, the excesses of the fiat currencies regime could not have arisen. The real story is the U.S. was hemorrhaging gold in the 1960s at such a rate that...

1. The Character of Monetary Entries Economic calculation can comprehend everything that is exchanged against money. The prices of goods and services are either historical data describing past events or anticipations of probable future events. Information about a past price conveys the knowledge that one or several acts of interpersonal exchange were effected according to this ratio. It does not convey directly any knowledge about future prices. We may often assume...