SNB & CHF

During the 1920s, the emerging individualists and libertarians — the Menckens, the Nocks, the Villards, and their followers — were generally considered Men of the Left; like the Left generally, they bitterly opposed the emergence of Big Government in twentieth-century America, a government allied with Big Business in a network of special privilege, a government dictating the personal drinking habits of the citizenry and repressing civil liberties, a government that...

Maurer says it is in Switzerland’s own interest to implement the global tax reform for large multinationals. © Keystone/Anthony Anex The Swiss government has pledged to implement from 2024 the minimum tax rate for large multinational companies under a global tax deal. Under a timetable presented by Finance Minister Ueli Maurer on Thursday, a temporary regulation will ensure the minimum rate of 15% for companies with a turnover of more than €750 million (CHF786...

Die Nationalbank wird für das Geschäftsjahr 2021 nach provisorischen Berechnungen einen Gewinn in der Grössenordnung von rund 26 Mrd. Franken ausweisen. Der Gewinn ist insbesondere den Fremdwährungspositionen geschuldet. Bund und Kantone erhalten eine Ausschüttung von 6 Mrd. Franken. Bund und Kantone erhalten die maximale Ausschüttung von 6 Mrd. CHF. (Bild: ZVG) Die Schweizerische Nationalbank (SNB) liegt mit ihrem Gewinn für das Geschäftsjahrt 2021 deutlich...

As the Omicron variation of COVID-19 continues to spread, the American people need to be asking themselves an important question: Do they want healthcare freedom or not?  If not, then healthcare will remain under the control of government — the federal government and the state and local governments. That will mean continued and growing healthcare tyranny in the form of mandatory lockdowns, mask mandates, vaccine mandates, and undoubtedly other forms of healthcare...

Scottsdale, Ariz – January 11, 2022 – Monetary Metals has leased gold to L’Orfebre, a European precious metals refiner. The lease expands Monetary Metals’ gold and silver lease portfolio to include five industry verticals: bullion, jewelry, manufacturers, miners, and now refiners, on four continents. Investor demand for the lease was substantial, resulting in an oversubscription of the offering. Investors earn a return on their gold, paid in gold instead of...

A full part of the inflation hysteria, the first one, was the dollar’s looming crash. The currency was, too many claimed, on the verge of collapse by late 2017, heading downward and besieged on multiple fronts by economics and politics alike. Basically, the Fed had “printed” too much “money” and the Chinese playing some “long game” were purportedly ready at any moment to snatch the role of world reserve by manipulative force from the out-to-lunch Americans. Those...

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Jeff Snider joins me for a multi-episode conversation exploring the evolution of money and central banking throughout the 20th and 21st centuries. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST Jeff's twitter: https://twitter.com/JeffSnider_AIP Jeff's writing: https://alhambrapartners.com/author/jsnider/ PODCAST Podcast Website: https://whatismoneypodcast.com/ Apple Podcast:...

Der Markt erholte sich gestern leicht und liegt sogar im Wochenvergleich wieder im grünen Bereich. Jedoch sieht es nicht so aus, als hätten wir damit die Bärenphase verlassen. Vielmehr deuten einige Indikatoren auf einen zukünftigen Downtrend hin. Bitcoin News: Bitcoin erholt sich auf niedrigem Niveau Der Preisabfall stabilisierte sich in dieser Woche oberhalb von 40.000 US-Dollar. Im Wochenvergleich ging es etwa 2 Prozent nach oben – es waren vor allem die letzten...

Project Helvetia looks toward a future with more tokenised financial assets based on distributed ledger technology coexisting with today’s systems. Swiss National Bank and five commercial banks integrated wholesale CBDC in their existing back-office systems and processes. Tests covered a wide-range of transactions in Swiss francs – interbank, monetary policy and cross-border. Integrating a wholesale central bank digital currency (CBDC) into existing core banking...