Tons of people want to buy Swiss franks. That’s how.
“Resilent energy supply” – isn’t Switzerland quite dependent on EU countries to deliver fossils?
The chf went up wrt the euro by more than 10%
Here’s how : Don’t provide real numbers !
​
1. watch as the UK and EU come into conflict with Russia
2. watch the ‘safe haven’ money flow into Swiss Francs and lift the CHF 10% versus EUR and GBP
3. watch in amazement as your inflation is 5-8% lower than the Eurozone/UK
Nice of them to let us know that Switzerland is in Europe.
Easy, just ignore rising public transport costs, housing, healthcare and you fixed most inflation forever😄
>Switzerland’s unique economic landscape is decades in the making and difficult for most countries to replicate wholesale. Its exchange rate policy, for instance, could not be mirrored by the wider euro zone, given the disparate economies involved.
>However, Straumann said that the nationalization of Swiss energy provision offered an important lesson to other countries, particularly those nations in Europe that underwent a broad shift to privatization and are now paying the price.
>“In the medium to short-term, that was a very good idea,” said of the privatization of energy supply. “But it’s not very resilient and they are haunted by that now.”
I look at my denner where 1 kilo of pasta used to cost 1 buck and now it’s 1.60 chf. If we you call that a win than you can call me the king of England.
Exporting in-demand luxury goods … that‘s it.
~~Bullshit~~ Edit: Ok, not full bs but here is some extra numbers that explain things… The increase in Money Supply M2 between 2020 and 2022 was:
Ally this with solid politics and economics of Switzerland (like the article said) and of course you will have smaller inflation rates than elsewhere.
Propaganda , because inflation it’s high like the other country’s!
Go at grocery store 1 fckung bag of veggie 100 CHF
Electricity it’s up 50 to 290% on some regions.
Gas went a bit down (let’s see how long )
rents ? Ow c’mon the dogs hause for 2500/month yeah for sure .
Let the shitstorm begin , but unfortunately Switzerland it’s in bad waters since the average people barely make 5k after deductions a month
ehre
Because everything already cost so much!
I like how the article explains there are multiple key factors and most comments here just pick out one of them.
Currency, highest share of regulated prices in Europe, (nationalized) hydro power.
Aaah Sweden is so beautiful.
Lots glossed over in that article. The blurb about housing and food toward the end is a huge downplay, as this is what’s felt by the majority of the people. Also “free movement of people” refers to refugees? I think the stabilization of demand is overshadowed by the dire need for jobs and housing for those free moving people. I guess if you’re mega rich you would believe this article.
18 comments
The prices were already high, that’s how.
Tons of people want to buy Swiss franks. That’s how.
“Resilent energy supply” – isn’t Switzerland quite dependent on EU countries to deliver fossils?
The chf went up wrt the euro by more than 10%
Here’s how : Don’t provide real numbers !
​
1. watch as the UK and EU come into conflict with Russia
2. watch the ‘safe haven’ money flow into Swiss Francs and lift the CHF 10% versus EUR and GBP
3. watch in amazement as your inflation is 5-8% lower than the Eurozone/UK
Nice of them to let us know that Switzerland is in Europe.
Easy, just ignore rising public transport costs, housing, healthcare and you fixed most inflation forever😄
>Switzerland’s unique economic landscape is decades in the making and difficult for most countries to replicate wholesale. Its exchange rate policy, for instance, could not be mirrored by the wider euro zone, given the disparate economies involved.
>However, Straumann said that the nationalization of Swiss energy provision offered an important lesson to other countries, particularly those nations in Europe that underwent a broad shift to privatization and are now paying the price.
>“In the medium to short-term, that was a very good idea,” said of the privatization of energy supply. “But it’s not very resilient and they are haunted by that now.”
I look at my denner where 1 kilo of pasta used to cost 1 buck and now it’s 1.60 chf. If we you call that a win than you can call me the king of England.
Exporting in-demand luxury goods … that‘s it.
~~Bullshit~~ Edit: Ok, not full bs but here is some extra numbers that explain things… The increase in Money Supply M2 between 2020 and 2022 was:
USD: 37,5% ([https://tradingeconomics.com/united-states/money-supply-m2](https://tradingeconomics.com/united-states/money-supply-m2))
EUR: 30% ([https://tradingeconomics.com/euro-area/money-supply-m2](https://tradingeconomics.com/euro-area/money-supply-m2))
CHF: 10% ([https://tradingeconomics.com/switzerland/money-supply-m2](https://tradingeconomics.com/switzerland/money-supply-m2))
Ally this with solid politics and economics of Switzerland (like the article said) and of course you will have smaller inflation rates than elsewhere.
Propaganda , because inflation it’s high like the other country’s!
Go at grocery store 1 fckung bag of veggie 100 CHF
Electricity it’s up 50 to 290% on some regions.
Gas went a bit down (let’s see how long )
rents ? Ow c’mon the dogs hause for 2500/month yeah for sure .
Let the shitstorm begin , but unfortunately Switzerland it’s in bad waters since the average people barely make 5k after deductions a month
ehre
Because everything already cost so much!
I like how the article explains there are multiple key factors and most comments here just pick out one of them.
Currency, highest share of regulated prices in Europe, (nationalized) hydro power.
Aaah Sweden is so beautiful.
Lots glossed over in that article. The blurb about housing and food toward the end is a huge downplay, as this is what’s felt by the majority of the people. Also “free movement of people” refers to refugees? I think the stabilization of demand is overshadowed by the dire need for jobs and housing for those free moving people. I guess if you’re mega rich you would believe this article.