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SNB & CHF

America’s Fiat Money Gestapo: The Untold History of the Secret Service

There is an untold story in American monetary history. Some are reluctant even to discuss it. I’m referring to the US Secret Service’s very own role in the destruction of sound money in America. As constitutional, sound money in the form of physical gold and silver coins—whether minted privately or not—became an annoying impediment to expanding the size and power of the federal government, central planners began circulating unbacked paper proxies and formed...

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Negative Leverage: The Fed’s Latest “Gift” to Apartment Investors

The Federal Reserve’s inflation of the money supply and interest rate manipulation distort capital markets through, among other things, the creation of asset bubbles. As the cost of borrowing decreases and cheap money floods an economy, speculation in capital markets increases, leading to prices unmoored from fundamentals. Underlying these asset bubbles is a certain investor psychology—one based on expectations, encouraged by Fed actions over the last thirty-five...

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Kosovo-Swiss talk about life in Switzerland and their relationship with Kosovo

For a long time, Kosovars remained invisible in Switzerland. In the 1990s they were victims of racist stereotypes. Today there are a lot of connections. A look at how the two countries have grown together. Kosovo is sometimes described as the 27th canton of Switzerland. There are 1.8 million Kosovars living in Kosovo and 250,000 in Switzerland. Relations have been close ever since Switzerland played a key role in the young state’s independence in 2008. Links between the two countries...

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Wonka: A Tale of Evil Businessmen and Cronyism

Wonka (2023) is a prequel film to the beloved story Charlie and the Chocolate Factory by Roald Dahl. Wonka tells the story of a young Willy Wonka, an up-and-coming chocolate salesman and magician, who challenges a chocolate cartel’s dominance. As one could imagine, the film is full of scenes that cast private enterprise in a negative light. The main villains are stereotypical movie businessmen who will do anything, even murder, to achieve their ambition for higher...

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The Dollar Goes Nowhere Quickly

Overview: The dollar continues to consolidate broadly after the dramatic price swings at the end of last week. For the most part, the greenback remains inside yesterday's ranges, which were inside last Friday's. The G10 currencies are a little heavier today, except the Japanese yen and Norwegian krone, which are posting small gains. Indeed, the greenback is near session highs against most of the major currencies as we go to print. Emerging market currencies are more...

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Die besten Möglichkeiten, in Deutschland Geld zu überweisen

Überweisungen kennen viele von uns, oder? In Deutschland haben wir viele Möglichkeiten, unser Geld sicher von A nach B zu überweisen. Doch was steckt eigentlich hinter diesen Methoden? Schauen wir uns die gängigsten Wege an. Was macht sie so besonders und sicher? Die besten Möglichkeiten, Geld in Deutschland zu überweisen: PayPal – Flexibilität und Vertrauen Wer kennt ihn nicht, den guten alten PayPal? Das Unternehmen war ein Vorreiter, als es darum ging, Geld...

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Israel, Gaza, and the challenge to humanitarianism

The bitter conflict in Gaza has polarised opinions. Aid agencies are caught in the middle. Fabrizio Carboni, Regional Director of the Near and Middle East division of the International Committee of the Red Cross (ICRC): “People tend to believe we can do things that actually we can’t. I mean we have no army, we have no weapons.” Some say the ICRC hasn’t done enough to help Israeli hostages. “If we could release them all we would do it as soon as possible....

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