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Also, the article doesn't back up the claim that Switzerland's policy was a failure. To me it seems that things would have gotten even worse without negative in
by nwellnhof 7y ago
Also, the article doesn't back up the claim that Switzerland's policy was a failure. To me it seems that things would have gotten even worse without negative interest rates on foreign capital.
- tom_mellior 7y agoAlso, the policy described was a lot more than "let's try mildly negative interest rates". And the oil crisis was probably not Switzerland's fault. The headline is scaremongering.
- TooSmugToFail 7y agoYeah, I was re-reading it, trying to grasp how exactly it got 'ugly', and how were the negative rates to blame.