“Currency markets have a history of rewarding countries that are free. Why is that?
Freer countries have the tendency to avoid over-taxation, over-regulation and support policies that promote freedom and innovation. Freer floating currency regimes allow market forces to play a role in determining value. Market forces and (truly) democratic systems, and particularly the Swiss system of direct democracy, create feedback mechanisms to help keep the excesses of government in check.”
http://thedailybell.com/28206/Frank-Suess-Switzerland-Will-Continue-to-Thrive-and-Outperform
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