SNB & CHF

The Age of Debt Bubbles: An Analysis of Debt Crises, Asset Bubbles and Monetary Policy (2024). (ed. Max Rangeley).In this series of Professional Practice in Governance and Professional Organizations by Springer—the most prestigious academic publisher in Europe, if not the world—editor Max Rangeley has enlisted actual practitioners to explain how the “Mother of All Debt Bubbles” has been created, its danger to our financial and monetary system, and what can be done...

While analysts are currently very optimistic about the market, the combined risk of high valuations and the need to rebalance portfolios in the short term may pose an unanticipated threat. This is particularly the case given the current high degree of speculation and leverage in the market. It is fascinating how quickly people forget the painful beating of taking on excess risk and revert to the same thesis of why "this time is different." For example, I recently...

The companies behind ChatGPT and Claude have arrived in Zurich Copyright 2023 The Associated Press. All Rights Reserved. Listen to the article Listening the article Toggle...

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

Send us a text (https://www.buzzsprout.com/twilio/text_messages/915097/open_sms) In this week’s Inside Geneva episode, UN correspondents in Geneva and New York look back at 2024.  Dorian Burkhalter, journalist, SWI swissinfo.ch: ‘Wars everywhere, climate change, deepening inequalities, AI…it’s just threats everywhere. But it just seems like the more global our problems are becoming, the weaker the UN is also becoming.’  But is the biggest event of...

The “loss of China” to communism in 1949 was a pivotal moment in American foreign policy, for the fall of the Nationalist government (Kuomintang, KMT) led by Chiang Kai-shek to the Chinese Communist Party (CCP) under Mao Zedong marked a significant shift in the geopolitical landscape of Asia. It was quickly followed by the outbreak of war in Korea, and indeed Washington’s calculations regarding the peninsula became closely entangled with their calculations regarding...

Retail investors are showing distinct behavioral patterns when trading cryptocurrencies compared to traditional assets such as gold and stocks. Traditionally, investors tend to sell their stocks and gold when prices rise. In contrast, when cryptocurrency prices increase, retail investors are more likely to hold or buy more. This aligns with a “momentum-like” strategy, reflecting the belief that rising prices signal greater future adoption and value, a new research...

The newly-released 2025 Sound Money Index has identified Wyoming, South Dakota, and Alaska as the states with the most favorable policies toward constitutional sound money, while Vermont, Maine, and California take the most hostile stances.Released annually by the Sound Money Defense League and Money Metals Exchange, the Sound Money Index is a comprehensive scorecard evaluating how each US state promotes or impedes sound money policies. Ranked policies include sales,...

Many people are familiar with the divisive concepts of Critical Race Theory (CRT). The best-known examples are the notion of “white privilege” and the redefinition of racism as “power plus privilege.” These concepts have been widely rejected, and even banned from public schools in some states. However, less often remarked upon is CRT’s more pernicious rejection of truth and reason. It is not merely that CRT believes truth to be relative, but that it rejects the...

After I saw Oliver Stone’s movie JFK, which posited that the JFK assassination was a highly sophisticated regime-change operation on the part of the U.S. national-security establishment, I read a multitude of books along those lines. Over time, I became convinced that Stone’s thesis was correct. But my conviction was never “beyond a reasonable doubt,” which is the standard of proof required for conviction in a criminal case. Then I encountered Douglas Horne’s...