February 20, 2018

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What is the Global Crisis About

Switzerland Central Bank

Switzerland Central Bank

The decision by Switzerland’s central bank to devalue the nation’s currency by pegging its exchange rate at 1.20 to euro – at a lower level than previously set by the free market – and to “print” an unlimited amount of francs to finance purchase of foreign currencies, is the latest sign of panic by global policymakers. [Read more…]