Swiss Central Bank Just Sent a MASSIVE Warning to the World

[@eurodollaruniversity]

WEBINAR REPLAY, w/SPECIAL GUEST JIM RICKARDS event.webinarjam.com/go/replay/26/7y53nc7mb44azzaw

[@micwell2247]

Sounds more like the bank is afraid of going out of biz as more people buy BTC . The yellow color rock is finding it's self as the dying dinosaur asset of control neo feudalism. But, the people need wise up. So much so, 3rd world counties will surpass the value of a CH accounts as a whole and not in part. But, get in line before you fall behind people. That rice farmer in VN will be farther head of ...amounts purchased does not skip you ahead of the line...It's Position(s) and it matters matter where value(s) is/are concerned...

[@theraven2801]

Grand so Errh... where's the party so ? ;))he he

[@1love754]

@@eurodollaruniversity thanks!

[@cryptolyst]

I live in switzerland. My health insurance goes up 22% next year. Electricity 15%. Groceries also. Not sure where they are getting 0.2% from. It's bogus.

[@WesleySchrauwen]

Electricity + Food arent counted for inflation

[@Only-one-life-68]

Would never trust central bank officials.

[@truxton1000]

@@WesleySchrauwen They change items in “the basket” for this reasons. Always choosing products with the lowest inflation to make the numbers look better.

[@WesleySchrauwen]

@@truxton1000yep, the entire thing is a joke. Grocery bill has literally doubled in the past three years yet somehow its not a part of inflation

[@juelitran]

if you're in Zurich, insurances have done some greedy policy to charge people more for their insurance. I'm still a student and I have to pay almost as much as my mother. it's like 60 Chf difference. I don't qualify for getting 50% of my insurance money back, even tho I'm still a student in my apprenticeship and not earning any income. It's outrageous.

[@Ohmygodbruh]

In Switzerland we have inflation since few years and rates published by bank do not show real prices increases

[@truxton1000]

Like in any country then, they cheat in many ways. One is to not compare the price of a product with the previous price if for example the new product represents some kind of change “to a better product”. So the average price of a car in 2024 might be 300% higher than the average price of a car in 2010, but they say the car “is better in 2024”, so they only rate it 150% higher, all kinds of cheats like this to make the statistics more palatable.

[@rhetorical1488]

inflation is a hidden tax. it is the cost of the government to borrow from international banks passed on to the consumer

[@survivor9898]

Absolutely correct and it's amazing how many everyday people are unable to do arithmetic...

[@truxton1000]

@@survivor9898 People don't even care that they are lied to, anyone with a brain that look into it will see it. Still most people say nothing and keep voting for the same old.

[@fflow_2]

Makes sense that they lie, the Swiss frank is viewed as a safe haven asset for foreign investors. The central bank likely doesn’t wanna lose that leverage

[@disklamer]

I love how all the financial institutions and banks and governments forever are like: "Whatever could be done to avoid a crash? It is nigh impossible to avoid!" Meanwhile firmly leaning on the accelerator while fiddling with the wiper stalk and the air control. "Whatever you do, don't lay off the accelerator, and definitely do not hit the brakes!" can be heard from the back seat "We are in a hurry to own absolutely everything! We are playing monopoly with the entire planet and have to make it around the board first!"

[@kellyprice1024]

Central Bank's are broke.

[@512Squared]

Exactly

[@duelde-consulting6403]

Uh oh, there's a cliff, but be sure not to let off the accelerator.......

[@riversedgegoatdairy297]

two comments here worth noting. 1. the world economy appears to be shrinking. why? how? china is not reporting nor is itan and russia. data coming from all of these countries is "unknown" and is estimated to be low or lower. (personally, i suspect these economies are doing good and are likely the only countries in the world leading in growth, u like the USA, euro, Canada) 2. war. the uncooperation of many nations is leading to a massive ahif towards a longer and more severe trade war. with trade war tensions expected to worsen? you have the larger possibility to konetic war errupting elsewhere or to become more severe. this in ahort, is causing the flight towards the Swiss Franc.

[@DrBallSac]

😂😂😂

[@pgress1867]

No prices are going down, especially not consumer price. Not even in Switzerland.

[@sebastienloyer9471]

🎉First for the middle east. Next for the united states and Canada. :U.S. Congress has authorized the CIA to operate biometric prisons champ. : 🎉🎉make this message viral. :Buy silver only after you got All the guns and Ammunitions one may NEEDS. Freedom seeds and silver are to never be SOLD back. Use IT for BARTER ! Both are great for stopping wars. Act accordingly. This is true NATIONAL security..

[@luckyfriday5366]

Yessir, and this guy certainly knows it. So why is BS-ing? Regards from Switzerland.

[@ArkoN7]

You dont understand the basics of inflation... if inflations goes down from 3% to 1% things still are getting 1% more expensive from the point we were before! It does not "reverse" if there is inflation, prices will go up, if inflation goes down prices will go up, only if inflation goes negative, THEN prices can go down...

[@PavolKosik-b3u]

Are you sure? Gasoline prices are going down for two years now. Prices of some products and food like milk are also much lower than after Putin invaided Ukraine.

[@biggamejim8216]

Exactly if our fed cut rates they would end up creating a world where people can’t afford bread. Prices should crash because salaries have not even approached increases in costs

[@javaskull88]

Does anyone have alarm fatigue? Crisis fatigue? I sure do.

[@sean2549]

That's when they get ya.

[@meandego]

That's part of the game.

[@schurlbirkenbach1995]

People always talk about deflation, but I have never experienced it in my life (68 years now, after all). Rents and property prices in particular have continued to rise. What has not risen as quickly are wages.

[@dude9127]

only inflation allows goverments to reallocate your money. there is little empirical evidence that deflation is as bad as it is proclaimed to be.

[@frmcf]

Very, very anecdotally: Where I live (elsewhere in Europe) we are heading for some deflation risk as well. People are seeing prices and shrinkflation and choosing not to consume. Nobody wants to buy a car at these prices and I've seen people pick up a bag of chips, look at the price on the shelf, feel the weight, and put it back. At Xmas markets as well, people are consuming less, choosing not to have that second beer or mulled wine. Vendors will have to cut prices to recover their turnover at some point. Next year could be better for consumer prices, but tough for corporate profits.

[@mullergyula4174]

Even if you have the money, it is just hard to get used to these prices. I think it is a good thing to consume less under such circumstances, companies raised prices like there was no tomorrow they need some feedback.

[@Mr.Heller]

People are starting to remember the meaning of 'Worth'. Even if you're wealthy beyomd reason and can afford everything, some things are just no longer worth their price.

[@lisacefai8284]

Yep our family has cut back on the amount of chocolate/ biscuits/ snacks we use to consume and are better off for it. Price increase stung too much.

[@joekaplowitz2719]

Cutting back on beer, I hate it but it has to be done.

[@Volkbrecht]

The price increases have come to the point where for a lot of middle class people their idea of budgeting doesn't work out any more, so something's got to give. If you still want to have money to save for retirement and the next vacation, less consumption spending it is.

[@max55well]

completely agree, falling oil prices tells the story of slow economic activities.

[@Brave2standalone]

I should have married my girlfriend Rebecca and stayed in Zurich, Switzerland instead of coming back to US (LA) - it was total disaster being here!

[@UMBRELLACORPORATION-j8m]

And when you realize where the world is going you will even regret being born!

[@DWbo-r7v]

Talk to someone professional......most men go through this

[@jdzazz4155]

Wake me when the S&P hits 5000 or 7000.

[@HANZELVANDERLAAY]

Agreed..what a lovely country

[@vzeq24]

I guess Rebecca did not love you.

[@canadist]

also restricting Swiss cross border shopping in Germany by new lower daily declaration amount starting next month. This has been going down for a while now. Things are expensive in CH

[@truxton1000]

Criminal.

[@stormbear7330]

The tax-free limit for travelers will be reduced to CHF 150 per person from 2025 From January 1, 2025, goods for travelers' personal use or as a gift may only be imported tax-free up to a total value of CHF 150 per person per day. If the total value per person is higher, Swiss VAT must be paid on the imported goods.

[@12345abcdful]

​@@stormbear7330 how about meat and alcohol?

[@Maybe-You-Know-Me-Not]

Central bankers should consider themselves equal to healthcare CEO’s. Not a threat just thinking they ruin just as many lives if not everyone’s.

[@Thalanox]

Far more lives.

[@sbvc1940]

Careful, they may come to arrest you.

[@mikythesaint6507]

@@sbvc1940 it was an opinion reply 🤣🤣🤣🤣 just pretend your CNN

[@predragbalorda]

You obviously have no clue what central/national bank does, do you?

[@troywest1724]

@@predragbalordaall propped up by the U.S.

[@markkringle9144]

So basically Switzerland said, don't shelter your money here, by lowering rates.

[@ruslan1394]

Except having many countries and people interested in your own currency is never a problem. People were OK to essentially keep the money in that currency even if there was hardly any interest. Since than other countries with strong industry (unlike Switzerland) were more attractive. This is when money has to flock back to outside of Switzerland. Making currency unstable. Making central back pouring funds into its currency uncontrollably to balance the books. To a point when negative rates now messing with Switzerland economy.

[@ruslan1394]

This is just instrumental. In reality money can't get interest without being invested. Europe itself is not attractive investment because of negative and under 5% grow. Coutries like 3rd world is typically wanting money on projects but lately it's all frozen due to economy fears. So, this is where historically 1st world countries go into wars to esteblish its dominance over outside poorer regions. China is the fast growing economy. It does not need more money. Middle East is always a prime choice ,however, oil is controversial commodity at least for European bankers. So all Wuropeans can do is to put money into US but US has so much debt that its paying >100% of its GDP which is a loterry ticket at this moment to buy. It can go bust in no time. So the world is in stand still.

[@londondisc]

In the 1980 s and 1990 s every economic problem resulted in Central bankers raising interest rates. After Alan Greenspan now Central bankers do the very opposite. Making credit cheap has created havoc with world economies for 2 decades.

[@LiLBitsDK]

how long ago is the 80's and 90's? ;-) 3-4 decades they have ruined the credit system

[@londondisc]

@LiLBitsDK Central bankers only think about their own job and want to avoid any problems so they cut interest rates do QE to postpone the problem to the future. All most all government seems to work in the same way. There is no personal liability only big money and perks in office.

[@michaeldavis506]

Prices never go down that much, even with a big tax break from the government. They will only decrease the price just a little to show some progress, but they won't lower the prices a lot because they want more profits. The consumer saves very little.

[@mutt-cs7zf]

No Inflation? I just spent $85 for a Pizza and a haircut. ☹ pizza

[@inpersonaDK]

Start make your own pizza (food) and get a short hair cut. 85 $ is ridiculous even in the western rich countries.

[@mastroitek]

Bahnhofstrasse ZH? 😂

[@strobolazer4082]

85$ is about 76 Swiss Franks. A Pizza in a swiss restaurant is about 20 Swiss Franks (approx. 22$). A male haircut anywhere between 30 and 60 Swiss Franks (34 - 68$).

[@mastroitek]

@@strobolazer4082 I pay 25chf for my haircut because I'm handsome

[@truxton1000]

@@strobolazer4082 In the UK a pizza for one person is maybe £17 in a restaurant, I just cut my hair last week and it was £13, so £30 or $38? It’s insanely expensive there these days, it used to be much cheaper in USA, now it’s the total opposite.

[@francoisscala417]

I think it is not about consumer price but export prices. The effect of the CHF going higher, is that it is more expansive to buy Swiss products with foreign currencies (a.k.a. exportation).

[@thirzel]

Good observation.

[@YS3Caero]

I remember when I went to Switzerland in 2018 petrol was way cheaper than France. At the time the 1 CHF was 0,87 EUR. Now the prices are higher and converted to Euro fuel prices are basically at the same level

[@ROKKANS]

And here we are

[@SladkaPritomnost]

They are perpetuating inflation. Not fighting off the inflation :)

[@FictionCautious]

financial empire is never part of the solution to mankind's problems, it never was.

[@b-music9329]

The president of the SNB actually didn't name the real cause for the 0.5% cut which in fact is the historically low Euro to Swiss Francs exchange rate which more and more threatens the country's export industry. By putting a bunch of other reasons for the cut he avoided to get this a topic in the media again

[@z.a.158]

The real reason for this is that Switzerland cannot afford a slowdown in the economy and deflation. This would lead to a catastrophe for many private households. We already have cooling the world economy.

[@Joelewis148]

All these issues stem from an economy grappling with uncertainties, including housing problems, foreclosures, global fluctuations, and the aftermath of the pandemic, leading to instability. Rising inflation, sluggish growth, and trade disruptions demand urgent attention from all sectors to restore stability and stimulate growth.

[@dwaynedaryl8915]

...….….With $420,000 in retirement savings, it's smart to consider assets that historically perform well during inflation, like TIPS, commodities, or foreign currencies, to protect against dollar depreciation. Diversifying into global real estate, international bonds, or high-quality foreign stocks could also help guard your portfolio from inflation and a weakening dollar.❤❤❤❤❤

[@luigijohson6732]

Jennafer Beaver has really set the standard for others to follow, we love her here in Ontario Canada 🇨🇦 as she has been really helpful and changed lots of lives

[@curitira2980]

Best signal provider in the market. Knowledgeable, level headed (no loss like some other traders who recently jumped on the bandwagon).

[@leonardives1991]

Wow, seeing her name pop up here too is a pleasant surprise! Didn’t realize she was spreading so much positivity around. This is awesome! I’m in the fifth deal with her, and it’s been amazing!

[@danialwiren2403]

Just withdraw my profits week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills.

[@JohnLandau-rg4gh]

Difficult as it was to bring about price deflation in the 1930s, it is far more difficult now. Nearly all the governments in the world are constantly printing more money and engaging in deficit spending, which is highly inflationary. Deflation won't happen until the world economy collapses completely, which will cause vast amounts of money to simply disappear.

[@Shadowguy456234]

Well, Switzerland's case is a bit different in that sense. Check out their debt-to-GDP.

[@rubicon3416]

Yep.. we're in a debt trap. No magic wand will save us.

[@davidwright8432]

And not just money!

[@Volkbrecht]

@@rubicon3416 As is France, as is Germany, the U.S., Canada... The Western World has lost its advantage over the rest of the planet, but we still keep spending as if this was just a temporary thing, not a transition into a new world order.

[@fanshaw]

Stagflation is a thing too.

[@bpb5541]

That is what I think we get next and that leads us right into a deflationary depression. It's coming.

[@b3ndotch]

@@bpb5541finally

[@Only-one-life-68]

Stagnation is happening in all industries in the uk 🇬🇧.. Yet inflation continues,it’s silly.. Bank rates must come down at least 0:5% asap. Clearly not to the 0:2% rates as before..

[@bpb5541]

@ that is why stagflation is the worst possible outcome. if they cut or print inflation goes higher, if they raise or do QT productivity drops and unemployment goes up. We are stuck.

[@tealkerberus748]

The tradition of manipulating interest rates to control inflation depends on the inflation being controlled by the actions of people who have debt: middle income families with a mortgage or a small business loan. That is currently not the case. When inflation is controlled by the actions of the rich, who have vastly more investments than debts, raising interest rates gives them even more money to spend on inflationary behaviours. The way to control that is to raise the top marginal tax rates .. which politicians are remarkably unwilling to do.

[@jeremydavis8293]

Correct

[@nici-6164]

The hypocrisy of our entire economic system, built by the rich for the rich, lies in its promise of opportunity while perpetuating inequality.

[@dude9127]

what about asset inflation created by low inflation rates and oversupply of liquidity? from my point of view this is the driver for increasing inequality globally as middle and low income class have hold mor cash and thus inflation affects them negatively whereas the rich profit aa they hold most of the assets. but i agree, high income classes, resp. financial market earning should be taxed so much harder to compensate for this structural issue created by national banks.

[@ThếLongNguyễn-u3s]

This video made me realize many important issues!

[@Conteslegendesautremonde]

I'm in Switzerland. I guarantee you. Nothing is going down in term of price... 😂😂😂 Never did and never will... Our local "Obama Care" goes UP at a 6% rate every year since 30 years... Geneva that is our local blue state just increased yearly tax on private vehiclues by 100% or more depending of which category...

[@sebastienloyer9471]

First for the middle east. Next for the united states and Canada. And EU. :U.S. Congress has authorized the CIA to operate biometric prisons champ. : 🎉🎉make this message viral. :Buy silver only after you got All the guns and Ammunitions one may NEEDS. Freedom seeds and silver are to never be SOLD back. Use IT for BARTER ! Both are great for stopping wars. Act accordingly. This is true NATIONAL security..

[@MattProud]

I live in Switzerland permanently (Zürich-area). I'm currently visiting in the U.S. Midwest due to family reasons. The costs of things in the "cheap" Midwest are easily exceeding equivalents in CH in many cases.

[@RobbieRiddiouf]

Strange I dropped my payment price by 25% 😂in 2022 in Biel bien 🇨🇭🏴󠁧󠁢󠁥󠁮󠁧󠁿😮what happened ⚓️?!?If I can d this but wealthier people double down 😢🇨🇭👀⚖️🏴󠁧󠁢󠁥󠁮󠁧󠁿👀⚓️☀️☔️🏎🚁🎪🎧🎪🧢😁✌🏻🙏

[@Shadowguy456234]

​@@MattProudthat's amazing- I went from California to Aargau (lol), I'm seeing something similar here, but in California's case it makes more sense.

[@Conteslegendesautremonde]

@@MattProud yes i Heard that prices are going rogue in US... )-:

[@randall6144]

Oil and Treasury rates have been trending higher over the last 2 weeks

[@MR..181]

And treasury direct refuses to work on my phone.. allowing looter managements..

[@KT-fv8it]

Yet..US interest rates keep going up. Where is the deflation. Everyone sees is inflation (CPI, PPI).

[@bleacherz7503]

Jeff 5 years of bad economic analysts

[@JSniderDebunkedgoldspansubstak]

Jeff "It Was Never Inflation" Snider. Debunked.

[@Wildboy789789]

US debt from 80% gdp to 120%... did you know 30% of gdp is gov spending? If elon cuts the budget even 15% your looking at a -5% gdp loss, that's beyond recession

[@beyondEV]

@@Wildboy789789 Don't worry, Elon will channel that money somewhere, so he can turn it into vaporware. That's also GDP growth, right up until someone pricks the ballon.

[@MyHeartSpitsAtYourIdeaOfLove]

​@@Wildboy789789Jesus, then you add the anticipated 7+% drop in gdp that a mass deportation can add, and we have a serious problem coming (hate to state to obvious, but there it is)

[@Mrcheckh4]

The video is very detailed, I learned a lot of new things!

[@alesnecas7410]

I really like your graphics and research.

[@matahari1576]

The Swiss National Bank is a very special case with special function and abilities.

[@JohnLandau-rg4gh]

Disinflation and delation are historically speaking non-events. Only a major depression, such as the world experienced in the 1930s, can cause a general drop in prices. However, the major increase in unemployment and the decline in wages experienced in the U.S in 1930 was folloowed by a general collapse in the prices for another two years. Businesses hate having to cut prices, and go to great lengths to avoid having to do so.

[@punkagrrlzero]

Lots of stores are going to be sitting on tons of unsold products.

[@MC-MALTA]

Congratulations BRAVO EXCELLENT ❤❤

[@MrWphilips]

A 1920 to 1930’s style international, irreversible, Depression is impatiently awaiting on the economic-financial world system doorstep! A sense of urgency is appropriately called for!

[@mryoshi4762]

Excellent report!

[@selilelbi8342]

What a knowledge ❤

[@NormanBjornson]

Forecast is not good people are going to be surprised 6-12 months from now

[@tammekremer2138]

It will be like 1860,,,1865

[@donarmando916]

They have to, they did and they will go negative again. What does it help us if our Swiss Franc goes through the roof but we all loose our jobs?

[@chompnormski]

They keep kicking that can down the road

[@renebaumann198]

No. The main reason is to limit the appreciation of the CHF Vs EUR and USD making Swiss exports expensive with negative effects on GDP and the job market. Switzerland is an export nation.The high CHF value is also the reason for low inflation, imported goods became cheaper in CHF price.

[@Volkbrecht]

You need to stop thinking about this exclusively in terms of currency and instead think about the real world flow of goods and services instead. The issue is that in the long run you simply cannot be an "export nation". That's not sustainable. You need a level trade balance. What is going on in the real world is simply that everyone in the EU is getting poorer and can afford less of your products. That's what's causing your economic growth to stutter, the currency appreciation is just an effect to that cause. Or more simply put: in a time when all your customers get poorer, you will get poorer, too.

[@renebaumann198]

@Volkbrecht and that is exactly the the result if making goods become more affordable to "poor people" in the EU because of a weaker CHF. The EU is still the biggest trade partner of CH for import and export but I personally would not make a bet on the future of the EUR. And don't forget that weakening the CHF is also reducing purchasing power of the Swiss consumer. Not a big sacrifice but also not for free.

[@danieldorn2927]

I feel like I have no future to look forward to

[@chriseustace9734]

When interest rates go lower based upon questionable criteria, then most certainly inflation will rise 💥

[@duderanch108]

The 30 day T-Bill just went below the 30 year today.

[@manofsan]

inverted yield curve? what's the way out?

[@bpb5541]

The longer the inverted yield curve lasts the worst its going to be. Simple as that.

[@jaydee5447]

@@bpb5541 I think you’re probably correct about that

[@garyrchampagne]

@@jaydee5447there’s a new world order in the works.

[@robertgould8099]

good review and projection possibilities. Ugh to the economy world wide.

[@stephanhueffer2725]

OPEC reduced the numbers of global demand as major players as India, China etc. switched to buy from Russia directly. What we observe is a shift from US$ as the leading currency towards various (experimental) alternatives within BRICS that already surpassed G7 economies. Ideed nobody knows realistic numbers but in the EU and US we still observe local inflation.

[@joelbaeriswyl2128]

Very interesting! Thank you!

[@howmit6361]

Dude, do something about the bots.

[@zootzoot7466]

Good stuff the nerdy nitty gritty stuff helps us understand how these players are reacting to the macro environment

[@TsetsiStoyanova]

What is the purpose of the amber picture frames behind you?

[@stormbear7330]

maybe his has to fill them

[@gekko505505505]

probably old stocks

[@terrific804]

Oh my God the gouging must continue?

[@rajeshraut6447]

Lower rates makes borrowing easier, but is it borrowing to consume or borrowing to speculate?

[@永Tom]

Thanks Jeff

[@App12-qk3xq]

Oh my god the world is still floating around in the galaxy. OMG OMG OMG OMG Geezis.

[@OM-nq9dd]

Chf is appreciating so they need to cut

[@jamesgalbreath6331]

It's a race to zero ...around the world

[@jessied3696]

We should start placing bets

[@Dan-i5n]

The problem is no countries coordinate interest rates. The other problem is assuming that rate cuts and increases are the only tool to try and deal with a system that is designed to be book and bust. Only now it's global. It's like trying to fix everything with a hammer. When every problem is a screw.

[@ellentau427]

Switzerland is the canary in the mine...

[@AnnatarTheMaia]

It's not about inflation, it's that the Swiss franc, being a safe harbour currency, has been constantly strengthening, thereby hurting Swiss exports. As Switzerland is a net export economy, keeping the franc value under control is very important for the country. This is good news for homeowners in Switzerland, as it means that the price of real estate will appreciate even faster than it's already been appreciating, which is currently about 3.3% year over year. So whoever owns a house in Switzerland is not only beating inflation, but also having it eat their mortgages away while their investment appreciates further and further... mortgages in Switzerland are below 1%, while they're being indirectly amortized by real estate appreciation...

[@mapratt]

But prices were raised more than the fundamentals needed, due to lack of competition/virtual monopolies. Prices should be lower, to match the actual cost of production after material flows returned to normal post-pandemic.

[@ZahideMehmet]

Good morning XAI600K Community!! Let’s get ready for a December to remember! AEOD all eyes on XAI600K

[@comment8767]

"Massive warning to world" and gold is up $6

[@mohlini1]

thanks Jeff

[@Spice1_]

Thank you

[@davidlanger1982]

The futures don't look like they are crashing.

[@bpb5541]

You still long, or did you get stopped out? 😂

[@davidlanger1982]

@bpb5541 more downside than upside.

[@edi9892]

I never understood why we need 2% inflation. The world worked just fine without it for the longest time... From what I can tell inflation is only beneficial to governments, big cooperations and all those who are not dependent on wages or pensions...

[@jackwalsh1468]

Welcome to Tombstone Thursday as Jeff reports on more distressing news. The Gallows' trap door is about to fall open and the global financial bottom dropping out.

[@rubberchicken7012]

So in smmary - Switzerland follows Czechia.

[@stolenidentity3768]

#rubberchicken7012 - how doe s CH follows Czechia ? I admitt i have not watched the video as I can't get past more than 10 secodns of the dramatic narration, so here only for the comments. Can you please explain how CH follows CZ ? Thank you

[@rubberchicken7012]

@@stolenidentity3768 This guy claims Switzerland was first to cut rates in March 2024. Actually Czechia cut first in Dec 2023 then again in Feb 2024 and also a third time in March. Czechia typically is Europe's leader regarding financial policy. Not Switzerland

[@stolenidentity3768]

@@rubberchicken7012 I see - thank you for taking the time to respond

[@yiuyu401]

They know the devil is coming soon.😂😂😂😂

[@bonitajanssen745]

He’s here. 🇺🇸2024

[@YeWin-v5c]

Why does all the prices in Switzerland are going up these resent years? What are the financial exparts are doing without preventing working hard?

[@MetePinar-v4k]

You called it a month ago and now XAI600K is blowing up glad I listened

[@peters972]

The dollar is climbing hard tonight

[@DrCrimp-sg5pb]

Living in Switzerland is starting to get really challenging ….

[@Pompomgrenade]

😂 damn bro, globally synchronized? Like a Swiss watch? 💯

[@iPondR]

Thanks JS

[@janusaflorida7909]

AMerica needs deflation as young people cant afford housing, to have a family, cant get a full time job, food is too high, insurance costs too high.....ALOT of deflation is needed for pretty much everybody would appreciate it.People are driving extremely aged cars as price of new and used are too high and not affordable. Lots of signs deflation needed

[@frmcf]

No, it's inflation that solves that problem, but wages need to keep up. Inflation erodes the value of savings versus the value of dollars earned through work by younger people. Developed economies need goods, services and wages to go up relative to the value of savings and assets. The problem is that our economic system channels money into assets and not into productive activity.

[@sebastienloyer9471]

🎉First for the middle east. Next for the united states and Canada. :U.S. Congress has authorized the CIA to operate biometric prisons champ. : 🎉🎉make this message viral. :Buy silver only after you got All the guns and Ammunitions one may NEEDS. Freedom seeds and silver are to never be SOLD back. Use IT for BARTER ! Both are great for stopping wars. Act accordingly. This is true NATIONAL security....

[@_PatrickO]

We need billionaires to stop reducing wages and moving that money into their own pockets. America has the wealth to avoid all these problems, except the wealth is going to a handful of rich people rather than the consumer economy that drives our entire economy. CEOs are so rich, they no longer care if they bleed consumers dry and bankrupt companies by having no customers because no one is paid enough to be a consumer. The CEOs have enough money for generations of their family to be rich and never work. It is so perverse, the golden parachute was invented so when a CEO bankrupts a company and gets everyone laid off, they get a huge multi-million dollar payout as a bonus.

[@wysetech2000]

It's going to get worse in America and the people will deserve it. China has stopped all trade with America.

[@beyondEV]

@@frmcf Wow, sometimes one nearly forgets, that there are sane people over the big pond. Couldn't have said it any better*. * That is of course, running a 150 year old out of date economic OS. Which depends on perpetual growth, while we only have limited resource base.

[@marcoamato]

Not in Australia... No cuts ...

[@MuckyMucky-z3c]

The SNB move is related to the EUR. The markets can see the EU economy is failing into a downward spiral. EU investors are crowding into the exits and would rather have negative yielding CHF bonds than anything in Euroland. I can see the SNB going still lower negative yield to stop the tsunami. The EUR use in international trade is also falling continuously.

[@Null-o7j]

False.

[@verttikoo2052]

You need to change your medication. You are hallucinating.

[@whiteswordwarrior9995]

Literally every sentence you typed is false and provable by data.

[@peterwalton5768]

Raising interest rates is inflationary. What utter stupidity.

[@wagashiohagi]

At some point, you have to just say "I was wrong". 5/11/20 Making Sense Eurodollar University Episode 7: "It's not me saying we're not going to have inflation, it's history....So you take your signals from that [global banking] system, and you realize, there's no inflation. It's not that inflation is a small possibility, it's near impossible because we're in deflationary depressionary conditions...people think there's going to be inflation, but there never is..." -Mr Snider

[@Akirsop]

We didn't have inflation in 2020. We had inflation in 2021 mid year. That was a full year after this video when conditions radically changed especially on oil prices. At which point Jeff called it transitory and agreed with Powell. en.wikipedia.org/wiki/2021%E2%80%932023_inflation_surge

[@wagashiohagi]

@Akirsop False. On the day of the quote from the video, The CPI was 0.1 and steadily rose to 1.4 by 12/20. Jeff never called it "transitory" and in fact, still maintains to this day that "it was never inflation".

[@Akirsop]

@@wagashiohagi Why do you feel the need to lie about his position? Here is a video 2 years old in the middle of the inflationary spike which clearly elaborates what he believes to be happening and why. kzbin.info/www/bejne/eKKXnIBuepKkhcU

[@wagashiohagi]

@@Akirsop Wow. You're joking, right?!

[@bleacherz7503]

@@Akirsop he did capitulate , eventually , never an apology - always going for click bait

[@peterbland7227]

Locally, gas prices have dipped down towards $3.00. I wonder what is driving down prices. At least here (Southern Oregon) EVs and hybrids are approaching 20% of the local fleet.

[@BridgetMiller-]

About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?

[@Thompson-e7h]

We fail to realize that banks are commercial enterprises that are driven by greed as well. The over-leveraging of assets by banks starting in 2020 was one of the factors that led to SVB's collapse. I've never felt secure keeping a large sum of money in a bank. In other words, I invest through my financial advisor, reap the benefits, and then spend the money.

[@Michaelparker12]

We were traveling in the same direction, my wife and I. I withdrew my money over the past two years and invested with her wealth manager. I won't be able to match her earnings over time, but at least I make more. Haha.

[@DhanaPayar]

Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

[@Michaelparker12]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@Theodorebarba]

Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.

[@kimberiysmarketstrategy]

Your exactly correct. I really think 1) Opec needs to reduce production & the US needs to cut rates & pump oil..lets get back to work everyone

[@CraigW34v7b9]

New to your channel. So on-point, bro. Subscribed

[@wagashiohagi]

@@CraigW34v7b9 Bad move.

[@kencole781]

All the central banks around the world, have you ever asked yourself who owns them????😮😮😊

[@verttikoo2052]

Our central bank is owned by our us.

[@nottenvironmental6208]

Im not convinced. Swiss have done very poorly predicting CPI over decades. With climate change inflationary on top of price gouging by monopoly behaviour which is the recent inflation cause while US deregulates as wages drop. Provided the employment rate holds, failed economic management will continue to drive wealth inequality which will cause long-term damage to the economy

[@Relaxoncommand]

Strong economy - strong curreny. Not for our officials, forgetting that we have to import nearly all resources except water and hydroelectric power

[@BlckJack123]

He can set interest rates to negative numbers if he wants but the markets don't have to go along with him. Just look.at Japan. He only has the power that the markets give him.

[@beyondEV]

Markets can ignore them, yes. But if you have to actually pay to own swiss francs, people will reconsider. Aside we Swiss don't mind, that's a lot of money the SNB then sends over to the government. Could speed up the process of getting rid of the debt accumulated during the pandemic.

[@karlheinz4059]

We never had the problem of to few people buying francs. The reason why inflation is so low has a lot to do with the high demand for swiss francs

[@michaelmorrison9186]

I guess that the Swiss CB knows that rate cuts don't "work" but if they don't act on what they know, then there may be a total panic when people see the man behind the curtain. Isn't that part of the story of the yellow brick road?

[@kennysponto6568]

Operation Banker's Barbarossa

[@xpsxps1339]

I guess we are approaching (not sure about the speed, though...) the point where people in France were before the 14th July 1789 - French Revolution. We, the world against bankers and billionaires...

[@loski1955]

The boy who cried wolf...................

[@synappticuser5669]

May I respectfully ask if you could express what all this means in practical terms 6:18 to someone like myself, a fairly well educated working chap but with none whatsoever in such financial matters? Jock

[@GordonKley-nz4qm]

The crater is larger than expected. Get the bridging equipment in position. Maybe, maybe 100 basis points. Get that oil consumption rate up.

[@charles2411-i8f]

Seen it before in the mid-70s

[@JSniderDebunkedgoldspansubstak]

Jeff "I Shill Subscriptions to My University but Cannot Spell Simple Words like Devolpment and Belive in My Thumbnail" Snider. Debunked.

[@friendofhashem]

Very good, clear and to the point.

[@CrazyDJVEVO]

This dude been bearish for years now. I’m curious to see his P&L. You keep shorting while we’re making bank 🤡🤡 🚀

[@caramiddlebrook9210]

I was just in Europe, hoping to see some good prices and hoping to see less travelers. No on both counts. Here in Canada I hope for some deflation when I go to the store but prices are going up. Please tell me where all this deflation is so I can go and buy some things. Even the dollar store prices are going up. When I see prices going down is when I will believe deflation is happening.

[@MarioLuigi-vb3rp]

When America turns negative how do we make money?

[@bpb5541]

If you don't know I can't help you.

[@MarioLuigi-vb3rp]

@ thanks a lot

[@brianlowe3529]

They go to war .

[@bpb5541]

@ I don't need anyone to go to war to make money. I have setups that I use. They tell me exactly what to do, and when to do it. Those setups are way better than what I think should happen, or even why they happen. If you can make just $100 a day that is $2000 a month or $24000 a year. For some that would be life changing or at least a really nice side gig. And if you can make $100 a day consitantly you are actually a millionaire because all you do as your account grows is postition up. Use the same exact setup with risk / money managment with ever larger and larger amount of money. Nothing changes you just start adding zeros on. But getting to that $100 a day consitantly is super hard, takes lots of dedication, training, and experience.