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SNB & CHF

Swiss retail trade turnover rose by 1.5% in July

02.09.2024 - Turnover adjusted for sales days and holidays rose in the retail sector by 1.5% in nominal terms in July 2024 compared with the previous year. Seasonally adjusted, nominal turnover rose by 2.0% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).Real turnover adjusted for sales days and holidays...

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Turnover in the Swiss service sector fell by 0.8% in June

2.9.2024 - Services turnover adjusted for working days fell by 0.8% in June 2024 compared with the same month last year. This was mainly due to a decline in the economic section "Wholesale and retail trade". However, all other economic sections recorded an increase in turnover. These are provisional findings from the Federal Statistical Office (FSO).The economic...

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Review: Bitcoin: The Inverse of Clown World

Once you see a new world, you can’t unsee it.Unfolding across America and the world is a new, parallel economy—nay, even a parallel life. It started with the most promising solution to a broken money and headed downstream from there. Inflation, money printing, misallocation of resources, central bank bailouts, and interventions—many of us saw these for what they were and recognized how damaging their mishandling has become to economic affairs and the fabric of...

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Rising Prices Are Caused by Monetary Inflation, Not Greed

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....

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Vortrag: Es gibt nichts Neues unter der Sonne

Share this article Vortrag mit Apéro am 10. Oktober um 1930 Uhr im MythenForum, Schwyz Die Verwirrung ist gross, was bringt die Zukunft? Der Versuch einer Einordnung aus Sicht eines freien und eigenständig denkenden Schweizers. In Zeiten von „politischer Korrektheit“ ist es wichtig „politisch inkorrekte“ Fragen zu stellen und damit dem „staatlich gelenktem Denken“ entgegenzuwirken. Dieser Vortrag ist mein Versuch Geschichte, Geldwesen, Politik, Finanz und...

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September 2024 Monthly

As the summer in the Northern Hemisphere gives way to the fall, monetary policy and politics will shape the investment and business climate. Even if history does not repeat itself, there are still insights to be gleaned. In the last few months of 2023, the market expected aggressive interest rate cuts this year. Although global rates fell, the dollar fell. In Q1 24, the markets moved more into line with the signals from the central banks. Global rates rose and the...

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Ireland, Authenticity, and the European Union

The recent European Parliament elections have brought the question of the role of Ireland in Europe to the forefront. Bombastic slogans adorned the leaflets of the European candidates, pledging to rightfully bring Ireland to the European orbit or to protect the country from the clutches of the mainland-based bureaucrats. Whatever the stance, it seems that the Ireland-Europe dichotomy is particularly entrenched, indubitably enhanced by our insular condition. Let us,...

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Rothbard on Liberty and Free Will

Many egalitarians and socialists argue that liberty is only of value to those who enjoy the privilege of having free will. They argue that many vulnerable people lack free will and that the state should, therefore, out of compassion for those trapped in unfortunate circumstances for no fault of their own, intervene with support, even when such interventions undermine individual liberty. These arguments reflect a misunderstanding of free will.In drawing upon the...

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Old School Economics

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....

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