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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (77830)	8/16/2011 8:41:31 AM
From: dvdw©	Read Replies (1) \| Respond to of 218009

Ahhha just wrote a summary judgement on this topic, study it. To: ahhaha who wrote (19136) 8/16/2011 2:08:01 AM From: ahhaha of 19142 We REALLY believe that it won't work, and, we know what we need to know. Why else are WE in power? “If the franc is as over-valued as the Swiss authorities currently believe, then this would have to be rectified somehow before a peg could be instigated,” Smith said. “The final issue is that, with sovereign risk factors being such a powerful force on currencies, it’s quite difficult to see how the Swiss could stand side-by-side with the euro in the coming years.” With all four main government coalition parties now willing to support renewed currency purchases, the SNB may find it easier to accelerate its efforts, said Adrian Vatter, a professor of political science at the University of Bern. “Swiss parties are eventually uniting behind the government and the central bank,” Vatter said. “This will strengthen the SNB’s credibility and give it the backing needed for setting an exchange-rate target.” Christophe Darbellay, head of the Christian Democratic Party, told Bloomberg News in a telephone interview that “we need to do everything we can to fight the franc’s ascent given this difficult situation,” saying there is no “taboo.” Think of it this way. You have piles of foreign currencies that you received in trade for your labor. Suddenly, some financial phenomenon has a bunch of aliens bidding up your currency. What do the above clutzes do? They take the piles of currency representing your labor and throw it, sell it, in the open market to prevent your currency from rising. They sell all your piles. Your currency rises anyway. Then, a little later, it falls back to where it was. The net effect of the phenomenon was zero, but clutzee imbeciles who have been entitled to be smart by left wing grade inflated universities,have given away all your saved labor to scavengers. Why did they do that? They did that because they needed to alleviate the fear they learned at the university.