“The SNB raked in ENORMOUS investment profits because they printed hundreds of billions of francs, which inflated the prices of assets that they themselves were buying. And today, because of those artificial investment gains that they engineered for themselves, the SNB is now the most profitable company in the world. Oh, and just so you know the other half of the story, while the central bank is raking in record profits, total debt in Switzerland has skyrocketed.”
Related posts:
Sudden spike of Tor users likely caused by one “massive” botnet
Fed Chairman Shrinks as Balance Sheet Grows
Mom in America arrested for inviting strippers to 16-year-old son’s birthday party
Private military operatives worked the Boston marathon with black backpacks, radiation detectors
A Libertarian Builds Low-Cost Private Schools for the Masses
Piers Morgan: Now I see U.S. government tyranny
Scientists say ‘robot boy’ can be built within nine months
NC lawmaker: Women should ‘duct tape’ nipples to stay out of jail
3D printers akin to the Gutenberg press?
Singaporean photographer Leslie Kee arrested for selling art book containing uncensored genitalia
Bradley Manning found not guilty of aiding the enemy, but guilty of theft and espionage
NYPD stop-and-frisk whistleblowers facing retribution
DEA Agents Sold Opioids, Stole Cash, and Falsely Identified Drug Suspects
6 year old expelled over toy gun allowed back into school
How to create an Angry American