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The real interest rate vs USD or EUR may well be positive. Certainly if you already had CHF that 20% will take a while to be eaten away by the nominal negative
by branchless 12y ago
The real interest rate vs USD or EUR may well be positive. Certainly if you already had CHF that 20% will take a while to be eaten away by the nominal negative rate, plus the CHF may well appreciate more with EUR QE expected.
- AnimalMuppet 12y agoTrue - if you owned CHF yesterday. That doesn't help you if you're thinking about buying it tomorrow, though. More to the point, if you owned it yesterday, you just got a very sweet gain. But now, do you continue to hold it? That's essentially the same question as "would I buy it now"?
- dllthomas 12y ago'That's essentially the same question as "would I buy it now"?' Says the math. Strangely, human psychology doesn't quite agree.