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As somebody from Switzerland I think this is insane. I will vote against it. Honestly, most people who want this dont have a clue about monetary policy.
by nickik 9y ago
As somebody from Switzerland I think this is insane. I will vote against it.
Honestly, most people who want this dont have a clue about monetary policy.
- another-one-off 9y agoI'd liken it to Repblicanism vs Monarchism. The differences between the positions are pretty extreme; to the point where it is hard for normal people to educate themselves. It looks like something I'd be in favour of. Not because I don't understand monetary policy but because I disagree with its goals, methods and outcomes.
- akhatri_aus 9y agoRepblicanism vs Monarchism seems a terrible comparison.
- sedeki 9y agoDo you mind elaborating on that statement?
- nickik 9y agoIts the sort of argument that people make when they don't have a clue. This idea that banking and trading demand against banks is the problem is just fundamentally misguided. There are many things we could improve in banking regulation and the way the central bank operates. This however, is just a uninformed populist campaign. Most of the claims on their website are total nonsense based on all known economics. I really hope Switzerland will not vote for this stupid initiative. I will vote against it for sure. That said, the Swiss population has a fairly good track record of shooting down these absurd ideas from the right and the left.
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