Déja vu – swissinfo

It isn’t the first time that the strong franc has given the Swiss economy a headache. In the 1970s Switzerland was in a very similar situation, and back then the National Bank managed to lower the value of the currency – but at quite a price: inflation. (SF/swissinfo.ch)
Vodpod videos no longer available.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: