SNB & CHF

Most of the refugees are women and children. If Switzerland is to benefit from the women’s skills in the workplace, it will have to solve a shortage of childcare places. Keystone / Peter Schneider Switzerland can cope with a large number of Ukrainian refugees, and their skills can benefit the economy, says migration expert Thomas Kessler. “The Ukrainian women will provide new impetus in this country,” he told the SonntagsBlick newspaper. “Especially in the IT sector,...

. Seit einigen Jahren herrscht ein Machtkampf zwischen Bitcoin (BTC) einerseits und dem Staat, den Banken und Zentralbanken andererseits. Die größte Gefahr für BTC ist der Staat mit seinen Gesetzen und Regulierungen. Geld ist Macht und Macht gibt der Staat nie freiwillig her. Leider verschiebt sich aber die Machtbalance mehr und mehr zum Staat. Der Ursprung von BTC liegt in der “Cypherpunk” Bewegung, eine Gruppe von Kryptologen, Libertären und Krypto-Anarchisten,...

Prices of goods and services in the economy seem to be going through the roof, and both consumers and producers suffer from the falling value of their money. Unfortunately, the public turns to politicians in Washington and economists around the world for answers. While president Joe Biden and his administration call it Putin’s price hike, the US Bureau of Labor Statistics reports that over the last twelve months, the all items index increased 7.9 percent before...

Jeff talks to Keith Weiner of Monetary Metals about why gold still plays a major role in the global economy. Listen to Bob's interview with Keith at https://mises.org/BMS234 Find out more about Monetary Metals at https://monetary-metals.com

Der berühmte Unternehmer Elon Musk hat zu Beginn der Woche für einen Medien-Hype gesorgt. Er kaufte Twitter-Aktien in großem Stil. Als die Nachricht publik wurde, explodierte Dogecoin in der Hoffnung, Twitter könnte den Meme-Coin mit Musk’s Hilfe auf der Plattform implementieren. Crypto News: Elon Musk kauft Twitter und Dogecoin legt wieder zuDer Trend schaute für DOGE schon in der letzten Woche positiv aus, doch durch die Übernahme Twitters wurde dieser Trend weiter...

Overview: The Reserve Bank of Australia hinted that it was getting closer to a rate hike.  The Australian dollar was bid to its best level since the middle of last year.  Australian stocks advanced in a mixed regional session while China and Hong Kong markets were closed for the local holiday.  BOJ Kuroda called the yen’s recent moves “rapid.”  The yen is sidelined today as the dollar weakens against other major currencies, led by the Antipodeans.  In addition to the...

I’m fascinated by the mainstream media’s overwhelming focus on Russia’s war crimes in Ukraine while, at the same time, remaining steadfastly silent about the horrific and disgraceful mistreatment and imminent extradition of Julian Assange to the United States. After all, one of the big reasons that U.S. officials have targeted Assange is his disclosure of war crimes by the U.S. military in Iraq. Wouldn’t you think that given the mainstream media’s concern about...

The number of companies and individuals declaring bankruptcy rose 9.1% last year, which coincided with a gradual withdrawal of state-backed financial support during the Covid-19 pandemic. Some 14,081 businesses and individuals filed for bankruptcy in 2021, which is 1,169 more declarations of insolvency than in 2020, the Federal Statistical Office said on MondayExternal link. The large increase in bankruptcies can be partially explained by the withdrawal of financial...

[unable to retrieve full-text content]Part I – Unpacking the narrative of how Russia is going to change the global monetary system. There is a Narrative about Russia and how it will change the monetary system. Many analysts in the gold community are promoting this story. There’s just one problem with this Narrative. It is like how Michael Crighton described the Gell-Mann Amnesia Effect, stating that the newspaper is full of stories explaining how “wet streets cause...

The yield curve inverted last week. Well, the part everyone watches, the 10 year/2 year Treasury yield spread, inverted, closing the week a solid 7 basis points in the negative. The difference between the 10 year and 2 year Treasury yields is not the yield curve though. The 10/2 spread is one point on the Treasury yield curve which is positively sloped from 1 month to 3 years, negatively sloped from 3 years to 10 years and positively sloped again from 10 out to 30...