Thursday, 18 December 2014

Don´t be fooled by Swiss negative interest rate

Swiss National Bank introduces NOMINAL negative interest rate of -0.25% during deflation of 0.10% which is a POSITIVE REAL interest rate of +0.15% under such an economic environment.

During deflation EVERYTHING financial is the opposite in order to get back to real from nominal.

Nicolaas Smith 

Copyright (c) 2005-2014 Nicolaas J Smith. All rights reserved. No reproduction without permission.

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