Countries are struggling to contain inflation, but not Switzerland. Here's why

[@l.p.5407]

I'm Swiss and living below the poverty line. Inflation is very real in Switzerland too and I'm struggling. My electricity bill has doubled in 6 months and I need to find deals on almost expired food to afford groceries. I'm absolutely non the only Swiss living with the same problem. Stop erasing poverty in rich countries. Thank you.

[@sarahjane7041]

I thought the same, prices for pasta rose 40% and more, fuel is on a long time high level, even our politicians decsided to give themself more money.. but nothing for the poor.. maybe 800 000 out of 9 mio are just a to small amount of people to take care of. Luckily our regime have still over 25 Million vaxdoses left to put them to the garabage, since Africa don't want them anymore.

[@c.l4219]

Exactly. Food and energy is a daily need, can't live without it and it is so much higher than3%. Just lies and false advertising by Swiss government

[@ssuwandi3240]

Take a break and move to Thailand. The G7 countries are decoupling from China and that means cost will go shoot off the roof like in the 70s.

[@Syneptic]

I live in Switzerland and I‘ve noticed pretty much nothing. Rent and electricity is the same it‘s always been. Food might have become a little more expensive.

[@missjee6849]

@@Syneptic not everyone have the possibilities

[@Der8cho]

All I learned is that inflation is a poor person problem.

[@marchboy37]

And that it hits even harder countries with high level of corruption and poor energy sector.

[@OmDesk]

Fact

[@WiseOwl_1408]

Yes. That's why governments don't actually care about it

[@abdulazizelijahfanan1632]

don't be fooled, this does nto take into account alot of things th gov did and that's to avoid public uprising .

[@jkn5039]

Finished watching the video and I clearly see where you're coming from

[@Casey-summer]

A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.

[@sloanmarriott5]

These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.

[@mellon-wrigley3]

Investing in stocks can be a wise decision, especially if you have a dependable trading system that can lead to successful outcomes. Personally, I've been working with a financial advisor for about a year now. Starting with less than $200K and I'm now just $19,000 away from making half a million in profit.

[@Buffet-walton22]

@@mellon-wrigley3 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?

[@mellon-wrigley3]

Izella Annette Anderson is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@louie-rose7]

Thank you for the lead, curiously searched Izella on the web by her full name and spotted her consulting page, no sweat. Just sent her an email, hoping she gets back to me soon.

[@romakuriyanov9222]

Food prices went up in Switzerland on 4% compared to Germany 16% but my aunt who lives in Switzerland would still go to buy food in Germany because it’s still cheaper in Germany

[@R3lay0]

Well the Euro also lost 10% compared to the Swiss Franc. So if you bought stuff for €100 that used to be 110 CHF, now it's €116 and 116 CHF. So the price increase is only 5% in CHF.

[@paul1979uk2000]

@@R3lay0 But food is also less expensive in EU countries compared to the US, even with the price hike over the last year. Food prices are less likely to go up a lot in countries where it's already expensive to begin with, and that's the case in Switzerland and the US. Still thought, that doesn't mean consumers don't feel it because you get used to something, regardless of how much it cost, so any price hike is always felt, even if the starting base was lower than the above 2 countries.

[@LaVidadeM]

Not anymore, man. I use to buy in France from Geneva. It’s not profitable at this date. You might save maybe 10 bucks, but now some things are more expensive in Germany and France than here in Switzerland 🇨🇭

[@YoungAsznee]

I do that too

[@excusemenoexcusemeno1671]

I stayed in Munich Germany last week for a week vacation. I felt like the food, taxi and hotels are way cheaper than here in the U.S... The taxi driver was venting and saying that rents are too expensive. He said that in the city is like $1,000 a month one bedroom... I wish i lived in Munich😕

[@WestonScally7614]

If the FED cuts, inflation will come back up. So it's the 70s again. The tech stocks are overvalued junk along with the social site crap. ATP how can I restructure my portfolio of around $1M to secure my retirement.

[@SaintYvess]

We do not need emergency rate cut. If they cut rate then price for home will go up. Let's market correct prices itself. Consult with an expert if you’re planning retirement

[@sting_grayl]

Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio kept increasing by 10% monthly.

[@WestonScally7614]

That's impressive! I could really use the expertise of this advsors.

[@sting_grayl]

@@WestonScally7614 *Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@sting_grayl]

Yeah, she is Jennifer Leigh Hickman, look her up. Anyone is free to contact her.

[@SamBessalah]

Seriously, Switzerland is already so expensive compared to its neighbours, that a 3.5% inflation seems like normal yearly price increase.

[@thomashausner6962]

This partly changed. An example is coffee. I was in Gemany last weekend and the my favourite brand cost 8,5€ in Germany and 8,5 CHF back here. Just one of the eeamples. And as Robet says, our salaries are higher (more important, we pay some 8-12% tax and not close to 50 (as single))

[@andrewdrewdrew1637]

@@thomashausner6962 how do I move to your country ? lol

[@jasonhaven7170]

@@andrewdrewdrew1637 they won't let you be a citizen

[@simyanqla]

exactly this

[@hansenlye2487]

i thot so too

[@bsetdays6784]

America is currently plagued by the hydra-headed evvil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun.

[@adenmall7596]

Collapse is generous 1st time in our history with a full generation that wasn't taught finacial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming...

[@roddywoods8130]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, invessting is the only way most people will ever have enough money to retire. Reason I work with ‘’ Eleanor Annette Eckhaus’’ a brokerage-advsor who sets asset allocation that fits my tolerance and r!sk capacity, investmnt horizon, present and future goals.

[@roddywoods8130]

Most likely, you can find her basic information online; you are welcome to do further study.

[@fabienneisore7831]

No, recession is the result of inflation controlling (raising interest rates) policies.

[@lovelorn4154]

@@adenmall7596 What a narrow-minded response grounded in emotion rather than logic, maybe you could use Google to educate yourself more than to project your insecurity on the subject.

[@rrroj]

As a swiss citizen in the middle class, I definitely felt the inflation. Especially as a student these slight increases can make a big difference. Living in Switzerland is very costly

[@Timelineboy]

Then move to a cheaper contry where your salary will be 500euro.

[@rrroj]

@@Timelineboy I used to live in a country where the monthly salary was half of that. I'm not saying I am not happy, just saying we feel the inflation too

[@MakoNext]

@@rrroj people are so keen to take stuff in extreme ways lol "are you unhappy? go live in war zone!!!"

[@APKZ04]

Where i live the minum salary is 725 600 or something close after tax and the rent in the capital lisbon on can easily be 700 or more so.@@rrroj

[@rrroj]

@@veeclover3433 Again, I am not comparing it. Just saying that we feel it. 6 months after my comment I even feel it more.

[@vugarmurshudov3838]

the more she breaks the toblerone, the longer it gets

[@antonyzhou6602]

That's because of low inflation in Swiss.

[@vugarmurshudov3838]

@@antonyzhou6602 🤣

[@the_notorious_bas]

Which means that 'toblerone' is getting excited

[@real-satoshi-nakamoto]

Switzerland is one of the world's wealthiest countries because it is the safe heaven for corrupt political leaders. Those corrupts leader's keep their money in Swiss banks. This is way their currency is up and they don't feel inflation.

[@theamazingfreak]

@@real-satoshi-nakamoto More than just corrupt political leaders, also corrupt oligarchs and business people.

[@chrismillar7593]

I laughed at „Here in Switzerland, a small mountainous nation in Europe“… thanks for clearing that up for your American audience.

[@macjonte]

Yep, often I get the “thanks for all the great chocolate”. Nope, maybe ikea? /Swede ;)

[@tomkyx1]

a typical example of americans not knowing geography

[@datingandlifeadvicechannel7534]

Why American audience maybe everyone kept people can’t afford. I saw a 16 year old boy wearing a Rolex in switzerland lol. I’m rich too

[@d3r4g45]

..in Europe, a northern hemisphere continent.

[@macjonte]

To be fair, I don’t know many states in Northern America either. I think I know more countries in North America than Canadian states. :)

[@grimmar80]

I like how Japan is always in contention, being a comparison to wealth -0 despite the fact it struggles with a massive economical crisis from the beginning of the 90's!

[@tvanbroekhoven]

How to avoid inflation: Step 1: be rich.

[@BrokenSoldier1515]

No take care of your citizens and keep control of basic human needs like rent energy and food prices.

[@richardmenz3257]

Close, make your whole population rich instead of having people with income and wealthy people owning business

[@BrokenSoldier1515]

@imsohandsome did they make education free, free healthcare, high taxes on rich people for proper wealth distribution? If they did such things then you talk otherwise what Venezuela did was only to go to revolution without tackling the problem of corruption in their society. Corruption ate them not their free handing out money.

[@The_Vigilante]

And how do you get rich?

[@weedling3552]

@@The_Vigilante provide reliable services no one else does at your level of quality.

[@OlatundeAdegbola]

7:29 She keeps snapping the chocolate without us seeing her eat it!

[@morgan_bosc]

This was the longest Toblerone commercial I’ve ever seen.

[@FreedomAcademyNetwork]

Fun fact: Switzerland is home to the most international organizations than any other country outside the US.

[@XR190190]

ofc they are neutral

[@akbk2505]

A fact that is not so fun. These transnationals are often parasitic holdings, traders or financial institutions that are here for tax reasons and in many cases have zero historical connection to Switzerland, such as e.g. Google (with apparently 5k employees in CH).

[@professorarjun1234]

@@XR190190 yeah majority of the times

[@utkdimebag]

And what does that change?

[@karigrandii]

Because the organizations don’t have to pay taxes that’s why. It’s really that simple.

[@towerguarder]

when a simple meal for 2 cost 70 euros and some generic restaurant. you wonder how inflated things have been already.

[@ibberman]

Where can you eat for less?

[@shikharsrivastava3558]

@@ibberman Berlin

[@simonspethmann8086]

​@@shikharsrivastava3558 Prices have risen in B, too, but the incomes are astronomically low in all fields. (Except for a select few. Lots of 1%ers in B, so the average income won't tell you anything.) Know quite a bunch of people who left Berlin for Zürich and are far better off. Now, trying to eat in Zurich on a Berlin income, though.... ouch 😳

[@shikharsrivastava3558]

@@simonspethmann8086 was meinst du mit "B"? 😅

[@PeterListov]

@@ibberman Anywhere in Italy and France? With a better quality too.

[@madiezancanellatl9205]

Every family has that one person who will break the family's financial struggle, I hope you become the one 😊

[@kelvinpeter8640]

Assets that can make you rich Cry-pto Stocks Real estate

[@josephfrys6969]

@@kelvinpeter8640 You're right, it's obvious a lot of people remain poor due to ignorance

[@ningyen1444]

I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings

[@claresmithy4667]

Starting early is the best way to getting ahead of build wealth, investing remains the priority

[@lovecricket6736]

I advice everyone to start investing and never rely on just salary. No billionaire made it through salary

[@oneiljerry9460]

America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

[@alexyoung3126]

Collapse is generous 1st time in our history with a full generation that wasn't taught financial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming.

[@lawerencemiller9720]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[@johnlennon232]

@@lawerencemiller9720 Hi Mate, please how can i reach this CFA of yours?

[@lawerencemiller9720]

Having a counselor is essential for portfolio diversification. My advisor is EILEEN RUTH SPARKS who is easily searchable and has extensive knowledge of the financial markets.

[@johnlennon232]

Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2023 on a woodnote financially.

[@joesphcu8975]

People are working and there is little or nothing to show for it. everybody is basically working to sort out one bill or the other. no savings.

[@alexyoung3126]

With inflation running at a four-decade high, a Recession is now the ‘most likely outcome for the economy. How can I grow my portfolio to outpace inflation and maintain a successful long-term strategy? I have been reading of investors making about $250k profit in this current crashing market, and I need ideas on how to achieve similar profits.

[@lawerencemiller9720]

You’re right! The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner.

[@stephaniestella213]

@simon fes That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well.

[@ohhellnooooo8233]

Did you miss the part where they average 600k in wealth per person?

[@mottetar]

@@ohhellnooooo8233 It was even 700k per capita. But it's not net worth, it's the assets. Swiss also have the highest debt / liability per capita. The asset is mainly made of the real estate. Almost no Swiss owns his home completely. Typically, it would be 1/3 and the rest you don't amortize and pay mortgage, which are deductible from your tacable income. Net worth is still around half of those 700k, whiich is still very comfortable.

[@xdbxlsilvio3681]

i live in switzerland and i dont know where this info is from, since corona everything ist about 30% more expensive than normal

[@MarcusAurelius7777]

They just lie and tell everyone inflation is less than people's annual salary increases. Otherwise people would riot if they knew their currency was being essentially devalued by 15% every year!

[@noyo1444]

Nonsense. Most prices are quite stable. Some are now even cheaper than in Germany

[@dutchmilk]

utter nonsense​@@noyo1444

[@GGBeyond]

I have a sudden urge to get a Toblerone. I don't know why.

[@thomashornstein4253]

Official inflation rate does not include all goods and services. For instance, it doesn’t include health care insurance premium. They have soared over the last two decades and increased at a significantly higher rate than the GDP per capita did. About 1/3 of the families in Switzerland get subsidized on Health Care Insurance cost! Because they can’t afford it. Actual inflation is definitely higher, but not yet as high as some neighboring countries, though.

[@xxdmoxxde.e5618]

Very very accurate. "Inflation figures" are based on select few goods in the market in the economy "basket" and are not reflective of every single product in the market.

[@michaeld4861]

Meanwhile in the US 1/3 of the country can't afford health insurance and the ones that do have it can't afford to use it. Our "inflation" numbers are extremely cherry picked in order to present a more favorable outcome for corporations over people.

[@EwaSara]

I agree. But I would ad that inflation in other countries in higher in reality too.

[@tuckerbugeater]

@@michaeld4861 America is built to be the innovator of the world and Europe is the socialist paradise. That's the post WW2 global order.

[@PeterListov]

Agree. I think we started with something over 220 CHF per month 5 years ago, now we are paying ~360 CHF per month. And yes, as a PhD student I was once subsidised.

[@СавелийЛьвов-ю4э]

I just signed up for your VIP group, and I'm already blown away by the level of expertise and support. Thank you for letting me be a part of it!

[@jeanclaudejunior]

2:48 That's Aigle Castle in the canton of Vaud! 3:36 That's the St-Bernard pass in the Canton of Valais near the Italian border! 3:41 Cointrin Airport in the canton of Geneva.

[@k.t.5405]

What? Left out Bern ? Pfff

[@IamJustAli]

The primary factor that can account for Switzerland's ability to stave off high inflation can be attributed to the concept of state-control. The presence of state-owned enterprises operating in the essential commodities sector, such as food, energy, and property businesses, is instrumental in preventing the onset of inflation. This is because inflation arises from a culture of profiteering, which is mitigated by the existence of such enterprises under government supervision.

[@ilovesuisse1]

We have a strong currency and that has helped to keep inflation lower too.

[@diegoancap]

Wtf you just said

[@larryc1616]

Socialism works!

[@drunkensailor112]

​@@larryc1616 pretty much all of europe is socialist. But that is a dirty word in the us.

[@E85stattElektro]

@@larryc1616 Switzerland is probably the most capitalist country in western Europe. The taxes can even be lower than in the US, depending on the Kanton you are looking at.

[@torreytripp9898]

The most amazing thing about this video is that you got swiss people on the street to agree to be interviewed.

[@justmeajah]

Hahaha yep thinking of the same 😅

[@dsad2707]

it must be nice to have a competent government

[@eXislander]

if by competent, you mean one supported by stolen wealth and exploitation-- sure. What would happen that wealth was taken away?

[@Vitor.S.]

@@eXislander fr

[@Raritytuber]

@@eXislander That's what's happening in the socialist democracy where I live as well. The politicians legally steal more and more from it's citizens each year and gladly give it away to other countries in need. Meanwhile the health care system is struggling, businesses are going bankrupt because of electricity prices, the currency is super weak, inflation is rampant and so forth and the elected people in power try and look the other way as much as they can.

[@eXislander]

@@Raritytuber by "stealing" you mean using taxes collected from wealthy citizens who directly benefited from the exploitation of other parts of the world to help those in need-- is that the "stealing" you are talking about-- helping someone who is a way worst position than you-- people your ancestors took advantage off and left them in untold hardship, with your corporations continuing to exploit their suffering for their advantage??? And you are angry at the scraps your politicians throw at them?? Have you no shame??? Everyone wants to be a victim-- European wealth and great health care often comes at the expense of 3rd world starvation. France continues to exploit the poorest countries of the world while feigning superiority. Belgium owes its civilization to African blood. Switzerland is so rich that inflation barely impacts it.. I wonder if the reporter kept breaking the chocolate to remind us that they don't grow cocoa but has a monopoly on the trade???

[@grandioso3507]

@@Raritytuber where do you live?

[@thelastname2k]

Switzerland probably didn't print $16T at the start of 2020...

[@willinton06]

Neither did Germany

[@Michael_NV]

That’s the best explanation I’ve heard.

[@Michael_NV]

@@willinton06 no, Germans are doing it for years.

[@thenewtheory]

@@willinton06 ecb did

[@ShaniquaMercier]

I love watching your videos, they are very informative and helpful. You have a great teaching style that makes it easy to follow along.

[@sams3015]

I was in Switzerland in December and honestly it wasn’t the scary prices it use to be compared to here (Ireland)

[@rob_m]

Agreed, could actually go for a meal out in Zurich and felt like I got decent value.

[@flavioc5389]

Indeed, not much more expensive than in NYC.

[@mysticaltyger2009]

It sounds like the rest of the developed world now has Swiss prices without the Swiss standard of living.

[@gabrielzadoni2149]

That clichee about Switzerland being so damn expensive is just overhyped. Of course it's expensive compared to many other countries, but there are a bunch of countries who are more or same expensive but don't have to carry that permanent "it's expensive" tag

[@SO-rq3pm]

@@mysticaltyger2009 well said!

[@posthocprior]

The report is titled how Switzerland “beat” inflation. But, according to the report, it was never high. The reasons stated are why Switzerland is seemingly immune from it rising to the same levels seen in other countries. So, the title is misleading. That is, there was nothing to beat and therefore Switzerland didn’t do anything to lower inflation.

[@krissp8712]

A gram of prevention is better than a kilo of cure, I suppose.

[@weedling3552]

@freeuserdata small and competent yes, homogenous not at all. every one of our 26 kantons has its own culture and customs, we have 4 official languages and kantonal dialects are so different that its very hard to understand some people. we also have large populations of immigrants (not the recent ones) that have successfully integrated. you are right about gigantic government, we dont even have a capital (in the normal sense) government functions are spread out and we dont have a (normal) presidency, instead we have a federal council.

[@mottetar]

@Kougami True and this is why the Swiss want to keep governments away from any kind of intervention as much as possible.

[@christheswiss390]

Except cultivate its own currency, be a stable and very liberal, free market and highly democratic country with the best universities in all of continental Europe and a highly trained work force and an economy used to generating wealth by creating high value-added products and services while buying locally and protecting nationaly inporant sectors such as agriculture and economically relevant sectors such as energy production. Many of these factors were explicitly mentioned in the video. If you missed them, so has your government. THAT explains why your country cannot copy what is essentially a fairly simple business model. People only see what they WANT to see. 🤓

[@sarasasa_]

I think many of the information showed and shared are misleading. They tend to generalize on too many things but it is not that prices did not went higher, nor that people are all rich

[@svetlanamamontova8430]

Thank you for your insights, experience, knowledge, shared information, videos and positive attitude!

[@CHMichael]

The Swiss managed to grow and produce everything they need on a daily basis . We shouldn't forget that Switzerland was always very expensive for non Swiss so for them to be more expensive is difficult.

[@romainsavioz5466]

😂

[@dukeraoul815]

Its only because the agricultural is protected sector from the outside.

[@ikkisato]

What happens to all those Toblerone pieces? Does she eat them all or just throws them out?

[@ce9916]

I was wondering the same thing😂

[@Fourside__]

As a bottom end earner in switzerland its definetly noticable. But im grateful its not worse like in the UK or italy

[@cisium1184]

I mean it's not that complicated: the CHF maintains a significantly higher gold-to-currency ratio than most of the world's currencies. Foreign money has flowed steadily into Switzerland the past three years as wealthy people in other countries run from their own overprinted, inflating currencies. This makes imported goods cheaper in Switzerland, which in turn forces domestic producers to suppress price hikes to in order to stay competitive with foreign goods. In short, Switzerland is prospering off the less prudent monetary policies of larger countries. Which is pretty much what Switzerland has always done.

[@mottetar]

Your completely right, but he, winners take oft advantage of competition's weaknesses. In sport it's the same. And if the competitor does not improve, it's just too bad for them.

[@christheswiss390]

That must explain why Switzerland produces the most patents per capita in the world and the US as number two only produces half the patents per capita of the Swiss. That should also explain why Switzerland is ranked as the most cometitive country on the planet. It's all that foreign money flowing in... 🤣😂

[@shieldwolfminiatures8645]

You got it all wrong I'm afraid. There's not a SINGLE country today that has their currency pegged to gold (or any commodity for that matter), the Swiss used to have a 40% but after 2001 or so, held a referendum and it was de-pegged. ALL currencies worldwide today are fiat currencies, nothing to back them with but faith. Hence the latin word fiat, by decree. Cheers!

[@darwinmetropolis8768]

@@shieldwolfminiatures8645 Your statement is wrong. The Swiss National Bank holds about 5 percent of its currency reserves in gold. At the end of 2021, this gold was worth 56 billion Swiss francs. Ninety-five percent of the currency reserves consist of foreign currency investments. These were worth around one trillion Swiss francs at the end of 2021. Source: Annual Report of the Swiss National Bank 2021.

[@shieldwolfminiatures8645]

@@darwinmetropolis8768 you are saying one thing and I'm saying another my friend. You are stating what the assets are from the bank (Swiss National Bank in this case), I am stating instead what the currency issued is backed by. You may argue that it is backed by what the SNB holds as assets to back the currency printed, but what you are essentially saying is that only 5% could in theory be backed by gold. That still doesn't mean it's gold backed (Gold backed currency means you can deposit the bank note to the bank to redeem physical gold for the value of the banbk note issued by said bank), nor that a measly 5% is anything significant to the total amount of swiss francs in circulation.

[@agpwhiz]

And then this carefully crafted and maintained image tumbled down with Credit Suisse....

[@youngthugger8736]

and all that becomes of a few greedy bankers….

[@MohnotYash]

50% of the video is the Lady breaking Toblerone bar.

[@Kevin-fq3zh]

she does it with style though 😍

[@Panzerino02]

And speaking, a typical, Anglo-Saxons rubbish... .

[@djkramerd4582]

Not sure what the significance of this is😂😂

[@AdamBechtol]

lol which never shrinks

[@champstation143]

To be honest we also feel inflation, but the relative impact might be less. Especially gas prices are up like 30% compared to 1-2 years ago

[@Tytyrytkataaa]

Those dont matter. Important thing is you have 3.5% inflation

[@analyticalhabitrails9857]

Oil companies contfol the oils. They control the gas prices at will. They're here for the long game and slowly cooking America, like a frog in the hot boiling water.

[@Tytyrytkataaa]

@@analyticalhabitrails9857 you poor things

[@shafir2]

@@Tytyrytkataaa even Sweden inflation is 10% but costs of food are up more than 60%.

[@therwagedicationsitue]

Very well said! I clearly understand every details you taught us and it was very simple. Thank you! You got another sub for this.👕

[@duncankowable]

This article aged well, especially for Swiss banks

[@tomo1168]

the article is still true. she said nothing about CS :D

[@cookingwithnimoh]

You're breaking the tolebrone chocolate bar wrongly. You should break it by pushing it inwards.

[@RimaOmidi]

Another easy step by step instructions. Recommended for new starters. We owe you taking your time teaching us. All the best, cody

[@davidepatti4835]

I am swiss. It's always the same. Things start in the USA, then UK, then Europe then us here in CH. Trends, crisis, laws... We re just slow. That's what I expect. We'll see a surge. Housing prices are in a bubble and really only affordable with big loans. So yeah it needs to explode and go down. Overall you can almost ignore hydropower here ...

[@jeanclaudejunior]

I'm Swiss too, Davide Patti

[@philippimboden4848]

The following points must be ensured by the state for a country to prosper: Internal and external security Water supply/sanitation Access to medical care Electricity and gas supply Access to education Waste disposal Public transport, especially railroads Independent judicial system Economic national supply Creation of legal and economic conditions for entrepreneurs.

[@gabrieldsouza6541]

Switzerland does not use gas to generate electricity

[@Spido68_the_spectator]

Common sense!

[@WillieBootman-u6x]

ur positive energy is contagious and your videos always brighten up my day, thank you!!!

[@electrikoptik]

Outsiders love to say that Switzerland is expensive. It might be expensive to you as an outsider/visiter but not for the Swiss. Minimum wage is Switzerland is set at CHF 24. - per hour or 25,64 USD per hour. The federal minimum wage in the US is $7.25 per hour. The current highest minimum wage in the US is found in Washington state at $15.74 per hour.

[@ankurupadhyaya2614]

Dude I worked as a part-time tutor in Geneva for 1.5 years. I was earning CHF 50 per hour. I miss that place. It's the best country in the world and also the least unequal.

[@Kletterhaus]

There's no minimum wage in Switzerland.

[@MrDaniiYY]

Healthcare premiums have soared, bills for electricity are higher, food prices are up too, affordable housing is becoming rare. Yes, inflation might be low, but mostly in areas where people don’t care. If you focus on essential things it feels like 10-20%.

[@paxundpeace9970]

They are not included in Swiss inflation numbers.

[@idkimlikereallybored9533]

i only buy swiss milk, meat and cheese in switzerland, so its okay

[@caesarsalad1170]

@@paxundpeace9970 Of course not, its a great way to make people think things aren't as bad as they are.

[@DeborahSchneider-ng7dv]

Thank you, yes ... I felt as though I was going mad watching this. It is absolutely unreflective of the reality of the typical Swiss citizen.

[@lps_nine]

I assume if this video was from the perspective of the working class of Switzerland it be quite different.

[@AudomaroDesilets]

i'm making steady progress thanks to you! I'm up 25% this week alone!

[@adityashaw5069]

Out of all the expensive things in Switzerland, time is the most expensive.

[@xavier3098]

My mind is blown.

[@MarcusAurelius7777]

Also Bugattis

[@stevemorse108]

Thank you for this very interesting presentation which taught me several things I didn't know despite the fact that I live in Switzerland.

[@stevemorse108]

@@boboutelama5748 what are you talking about?

[@0x1337feed]

@@boboutelama5748we know about your piggy mom

[@NikitaKabanov-v3k]

I love how you break down complex trading concepts into simple, easy-to-understand terms. Your videos are a game-changer.

[@hehashivemind6111]

Don't be fooled, this is actually a Toblerone ad :P

[@ioandragulescu6063]

hmmm how's Credit Suisse doing ...?

[@NatalieonzalesG]

Your videos are so informative and easy to understand. I've learned a lot from you, thank you!

[@nicktaylor1003]

i love the first minute. Well prices are just high here to begin with. Great advice to beat inflation

[@sirsluginston]

I'm sure Credit Suisse is really appreciative they contained inflation right about now.

[@Samim5cs]

Crying in UBS

[@germanfomichev266]

Your channel is getting better and better. Continue also!

[@airo8416]

I live in Switzerland and everything has become very expensive and inflated. Except for the worker's salary. I asked the competent authorities, and they told me that you are an ordinary worker without a certificate. But when I go to the store, I don't find a shelf with cheap prices for those who don't have a diploma. So I learned that the measure of inflation is measured by the wealthy and diploma holders.

[@noyo1444]

What a nonsense. Migros has their budget line of different products which are very affordable. Some are even cheaper as in Germany

[@sts8657]

Nice video! The only problem is that the Toblerone chocolate bar that the presenter is holding as a sign for Swiss products and economy is no longer 100% Swiss product since 2022 since it moved its factories to Slovakia!

[@Cybercenturycentaur]

Soon, yes.

[@BlakeLivingstone-o7u]

advice has been a game-changer for me. I implemented your tips and managed to achieve 5 consecutive wins - something I never thought was possible. Thank you for sharing your expertise with me

[@alr6111]

Hard to inflate when everything cost a million bucks already in Switzerland

[@huytranvan2754]

It's not difficult to deal with rising prices when everything in your country is already expensive. Am I right?

[@mindblown5560]

Bruh we have major salarys over here for us its not expensive😂

[@L3th4LQu4rK]

May I ask what you do in Switzerland? And what is your pay?

[@mindblown5560]

@@L3th4LQu4rK im 24 and i get 6500 chf that means around 7000 usd a month and i didnt even go to a university but thats my next step and yeah everyone in switzerland gets a 13. Motnth salary so 90 k a year as a 24 year old and we have much lower taxes tha USA and we dont pay taxes on stock gains switzerland is the best land if you want to make money thats for sure

[@artemjetman]

@@mindblown5560 what job are you in if I may ask?

[@mindblown5560]

@@artemjetman supply chain managment

[@SonaJafari-z3i]

your tips were spot on! I tried them out and got a score of 4 out of 5 - the best I've done in ages. I'm still learning, but your guidance has been invaluable. Thanks so much

[@saikoudibba7450]

I don't know what you mean by Inflation.. but we feel inflation here too! It's not very high compared to other advanced nations, but high compared to pre COVID prices.

[@siddharthakarthik6645]

Cost of living is so high in Switzerland that even inflation couldn’t beat it.

[@DarlenaKampa]

Hi, I'm from Iran and I always follow your training, you teach very well and I love you very much, even though I find English hard, but I listen in full detail and learn and use, thank you my friend

[@yurimary1833]

Because Switzerland was already inflated for a very long time.

[@christheswiss390]

Nope. The Swiss Franc has appreciated from 4 Francs to a USD in 1971 to 0.95 to a USD today. THAT's what a strong currency looks like. From this vantage point, its the greenback that is highly inflated. Just a thought... 😊🤓

[@masoodrazaq]

The way the moderator broke off pieces of that Toblerone bar was decidedly unSwiss. Swiss press down on the bar with their thumb, breaking off each piece inward. Avoids melted chocolate on your hands.

[@its1994x]

Sad thing is that toblerone wont be swiss anymore

[@Lorraine-p4r]

But why is it so terribly expensive in Switzerland?

[@raylopez99]

The main reason Swiss inflation is low is that they have a strong currency. As for price controls, they generally suck, as long term they decrease supply. I notice milk is price controlled in CH but there's an oversupply of milk so that's not a big deal. Further of interest in this video is that they appear to be using PPP for GDP per capita figures, which gives an inflated number (notice RU is about $30k per capita GDP, which is too high outside of Moscow).

[@raylopez99]

Strong currency as in backed by gold, assets like stocks. That's how you get a strong currency, other than being popular like the US dollar due to the superior productivity of the USA.

[@eustachedelamoustache]

​@@raylopez99Swiss Francs is not backed by gold. What make it strong ? Political Stabilty mostly: no government shanenigans, no huge strikes (like in France). Everything runs smoothly. When other currencies start getting weak, people buy swiss francs as a sanctuary currency

[@raylopez99]

@@eustachedelamoustache CH francs are backed by gold, even Apple stock, Google this.

[@eustachedelamoustache]

@@raylopez99 Swiss francs are not backed by gold since 2000, where do you get that information?

[@darwinmetropolis8768]

@@eustachedelamoustache The Swiss National Bank holds about 5 percent of its currency reserves in gold. At the end of 2021, this gold was worth 56 billion Swiss francs. Ninety-five percent of the currency reserves consist of foreign currency investments. These were worth around one trillion Swiss francs at the end of 2021. Source: Annual Report of the Swiss National Bank 2021.

[@Gingermycat]

I think there should be an agency that strictly focuses on keeping companies responsible for keeping prices down and giving back to their employees. I feel like in the US we can't trust anyone to do that because everyone is trying to screw as many people as possible to gain power.

[@lps_nine]

That is what unions should do, unfortunately many countries have unions who aren't supporting workers. In Sweden the unions are promoting campaigns of not asking for a higher wage increase. Since the 90s the open market has also become a lot less regulated in most countries, this was seen as a way to enable companies to compete for the lowest prices and highest profit. Currently the situation had flipped what used to be inexpensive has at least doubled in price. Unfortunately I doubt that under capitalism workers will be able to live under the standards they deserve.

[@meinfreundfranz]

An agency like that in a capitalistic world? You must be joking… 🙈

[@geriwiri1901]

Switzerland has that, its not about giving money back to the employees though, the agency checks if for example grocery store go up with their prices too much. Like their allowed to offset the cost of inflatian ect. but not allowed to just go up with their prices on essentials more than they need to offset their cost. In a time of inflatian many companies use that to just make higher prices and blame it on inflation, in switzerland companies that sell essential goods are not allowed to do that and that agency is responsible for making sure that they dnt.

[@echochamber1234]

they tried that sort of regulatory state across the western world after WW2. it was failing so miserably by the late 70s, Reagan and Thatcher had to be elected to save their countries. Sweden had their own free market revolution in the early 90s for the same reason.

[@Spido68_the_spectator]

​@@echochamber1234Fundamental misunderstanding of what you're talking about. The post WW2 social contract was enforced by interest groups mostly, with governments focusing on the macroeconomic level. In the 1970s, 2 little incidents threw off balance the economies because their primary consumed ressource got its price shooting through the roof. We are seeing similar things happening and less regulated and bigger markets don't seem to do any better. Reagan and Thatcher didn't save anything, they put the economy on permanent lifesupport. And started debt - based growth which may soon bite us big time. The rates of profit are still way down from the post war period.

[@KellieCasey-o6n]

Great job, the author definitely knows his stuff.

[@StarFox85]

we love our Switzerland ❤

[@kyungshim6483]

I spent a week in Lugano, Switzerland several years ago. Lovely place. Would like to revisit someday and visit other cities there as well.

[@idkimlikereallybored9533]

we are the poorest of switzerland in lugano, in ticino we gain 20%less but pay everything at swiss prices

[@davidschott4576]

Come too bern

[@roespeloes]

Happy to welcome you again 🤗

[@eric11]

​@@idkimlikereallybored9533 ahahah grande

[@sd-197]

@@idkimlikereallybored9533why dont you just buy things in italy? Its like 5km away

[@ilyalobanov8108]

Wow this is a wonderful strategy and I must confess, it really works well. Thanks so much I really appreciate this.

[@Ace-ht1is]

People think Switzerland is extremely expensive while LA and NY are way more expensive and people earn way less than Swiss people.

[@jeanclaudejunior]

I'm proud of my home country!🇨🇭🤗

[@NGC-catseye]

I’m proud that your country makes such great chocolate 🍫 Thanks 😺

[@Kevin-fq3zh]

i spent some years in geneva 🇨🇭… lived in the petit saconnex precinct there. plenty of fond memories exploring switzerland. absolutely loved it!! 👍🏻

[@paxundpeace9970]

Thanks to hydropower

[@jasonhaven7170]

Yeah, but it sucks it's almost impossible to be a citizen and there's growing anti-immigration sentiment. That is their choice but it makes it hard for others to contribute and share in the rewards. Oh well, perhaps we can do similar things outside Switzerland.

[@Panzerino02]

@@jasonhaven7170 Nothing wrong about the "growing anti-immigration sentiment." IMHO.

[@JavadFaridi]

I'm very glad I found your channel. Your videos always bring clarity to my knowledge!

[@Rainy_Day12234]

Government/Debt to GDP is relatively very low. Switzerland experienced supply chain logjams like the rest of the world which caused rising prices, but they didn’t debase their currency through credit expansion.

[@fritzschnitzmueller3768]

What has debt to do with that?

[@roraio]

Switzerland has a smaller population than London! You can't compare an 8 million people country against an 80 million people country like Germany! Easier to regulate stuff when you have less people and less resources

[@thenamen935]

That size example is bullshit, because with more people you also get more ressources. Or do you think Berlin is 4 times worse than Köln, because it's 4 times bigger?

[@KayMcateer]

Emma, thank you for all the support!

[@emmanuelharbor2350]

Seems Switzerland is a gem

[@christheswiss390]

It doesn't just SEEM that way... 😊😊

[@nishali3343]

I was surprised to find out that food is cheaper in Switzerland than in Canada. I always thought Switzerland was expensive.

[@nici-vh6dw]

Order a Pizza and it will cost you at least 25$, go out and eat a Pizza plus drink a CocaCola 35$.

[@philippimboden4848]

@@nici-vh6dw First: the most expensive pizza in my favorite restaurant Ristorante beau rivage da Domenico costs 24 CHF and second: which culinary lowlife drinks Coca Cola with a pizza?

[@nici-vh6dw]

@@philippimboden4848 You definitely don't live in ZH or GE

[@philippimboden4848]

@@nici-vh6dw You are right. But I studied and graduated from ETHZ in Zurich and now live in the capital region.

[@Mad_Flavor]

@@nici-vh6dw thats bullshit. 17 CHF for a pizza is correct. You dont need to eat in zurich in the tourist sections

[@leonidSavin-g9u]

I love the way you cover difficult topics. Your videos are always clear and informative.🌐

[@vampadonut]

It is very well said and explained. I'm certain that other countries are aware of all this however, most of them made decisions based on their greed and selfishness. All this things are coming with the way a person is raised, educated, moral principles, integrity, values, beliefs.

[@LehciW27]

Is this real? because i live in Zurich and i am struggling here.... eletric bills went up like WOOOW...Mostly of the food as well... All the world call us Rich but... i totally desgree with that view!

[@Slithermotion]

Zurich is expensive even for swiss standards. With low income become can struggle there. In my area food and electricity prices didn‘t change.

[@noyo1444]

Than move to the country side🤷‍♂️

[@RefasMaza]

Damn. Just found your channel and after watching the video, I knew I had to subscribe. Learned so many things from you than most if not all binary traders' content. Keep it up!

[@BeansBuilds64]

in swiss the prices are already double compared to the netherlands, and sometimes triple compaired to other surrounding countries.

[@johnnybanana8004]

so what? the monthly salary is also double to triple

[@fabianbuschor8826]

you need to know where to buy...

[@davidepatti4835]

Take advice from someone who can't spell the name of the country... This information is wrong. Salary might be double or triple but I can guarantee prices (apartment, fuel, electricity, food) are far from being double, maybe +10-50% tops.

[@BeansBuilds64]

@@19scamps92 please read, I’m saying that the prices in general already were a lot higher BEFORE inflation. Not recent price hikes

[@exeuropean]

I lived and worked 2 years in Switzerland. I worked there because you make more money. That is because the taxes are lower. Unlike the Netherlands. The Dutch tax rates are insane. They even have a wealth tax. Meaning if you have 100k in the bank you pay a fixed tax rate on it. Even if the money is your retirement savings. Insane. Great country for poor people and refugees.

[@ericcurtin4467]

Toblerone is not swiss chocolate anymore, it is produced in Slovakia by Mondelez, it will lose its matterhorn on the packaging as well as it has lost the swiss made label

[@noyo1444]

Switzerland anyway is much better Chocolate then Toblerone.

[@JinBertha]

This is so simple it seems like. Where you can learn and grow at the same time. Thank you very much!

[@TopDownFinance]

"Countries can't stop printing money" there I fixed it. We papered over 2008

[@paoloangelino24]

1. Swiss didn't print as much money as the USA and other European countries. 2. Their Swiss Francs are backed by gold.

[@paxundpeace9970]

Either of those two statements are true.

[@mottetar]

@@paxundpeace9970 Nope, Swiss francs are not backed to gold.

[@AlbertPopov-d8x]

I clicked immediately this notification popped. So excited to learn from you

[@anonanon7278]

If I remember correctly, Switzerland didn't lock down duing the pandemic, so their government didn't print billions and billions of dollars to keep the economy going, which is why all other countries that did are now facing high inflation.

[@OffTom5783]

That's true.

[@sibylleburki9296]

Not true. We had lockdowns.

[@ShadowOfThePit]

well, we *did* go into lockdown, but only for 6 weeks

[@MarcusAurelius7777]

Swiss prices are still way higher than Germany anyway, b/c they have to import everything, & produce essentially NOTHING. Also Ex Nazi sympathizers...

[@b.a.b7834]

This didn't age well.

[@CarmelFleming-n7w]

Emma, don’t quit, your content is great!

[@AllisonSherman657]

"My life's transformation still astonish me! From a modest lifestyle to earning over 78k monthly from investing in the financial market, I'm grateful for this incredible journey. My hard work, determination, and wise financial decisions made this possible. I'm living proof that dreams can become reality!"

[@rougeur]

I agree with you and I believe that Professionals are currently dominating the market since they have access to both the necessary strategy for making money in this industry.

[@face2lune]

I keep wondering how people earn money in financial markets, i tried trading on my own made a huge loss and now I'm scared of investing more…

[@AllisonSherman657]

@@face2lune Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances...

[@face2lune]

I’m Glad i stumbled on this. Please, if its not too much of a hassle for you, can you drop the details of the CFP that assisted you and how to get in touch….

[@AllisonSherman657]

@@face2lune I get guidance from *Susan Tori Davis* Most likely, the internet should have her basic info..

[@vivianecardoso0]

Silicon Valley Bank (SVB) was the 16th largest bank in the US, and it wasn't subject to the most strict controls. How many banks actually are subject to those controls, besides the big four? Any bank could suffer a run and fail, and if that happens to a community level or even state level bank it probably won't upset the national economy or ecosystem of banks, but any multi-state bank should be more closely watched

[@Isaacmeide]

Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival

[@Emmacurtis]

@@Isaacmeide These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones

[@ardeand]

@@Emmacurtis wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio, I am so done with banks!

[@Emmacurtis]

credits to ISABEL LINDA DUERI, one of the best portfolio manager;s out there. she;s well known, you should look her up

[@andreasleonard0]

@@Emmacurtis I've heard of ISABEL LINDA DUERI , was referred to her not too long ago and I'm happy to say her teaching and process is transparent enough.

[@lawrenceandreyev]

I'm new to all this, feels overwhelming but I won't give up on learning this. Thanks for you clear explanation from the very beginning!