Monday, April 6, 2009

Does the Swiss National Bank suck more than Roger Federer?

The Swiss needs to show the world how to beat deflation

Switzerland is on the headlines as one of the first countries to reach deflation. Since the BOJ has been headed by morons for so long it could be the swiss central bankers who might show the world how to create reflation/inflation, avoiding nominal price declines and the downward spirals it creates

It might very well be the
swiss price indexes one of the most important indicators of 2009/2010, success or failure there would signal whats to come for US, UK and EU

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