Swiss Bank Hits Customers With Negative Interest Rates; Crazy? What About Velocity?
MishTalk
NOVEMBER 24, 2015
With its balance sheet totalling nearly 1.6 Inquiring minds may also be interested in the Frank Shostak's 2002 article Is Velocity Like Magic? Link if video does not play: Crazy - Patsy Cline. The big Swiss banks passed on some of the pain from the Swiss central bank’s -0.75 Yes, negative interest rates are crazy.
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