How much is the wealth tax in Switzerland, below 5M CHF ?

[Rotor]

https://www.reuters.com/markets/rates-bonds/swiss-national-bank-surprises-with-interest-rate-cut-2024-03-21/

I don't mean to do some SNB bashing, but imagine being one of the first central bank caving on "high" rates with gold, crypto and stocks at all time highs. It would even make the ECB blush.
Anyway all the major central banks will follow path in the coming months and give up on their Liar's Poker.

 

[JackAlabama]

https://www.reuters.com/markets/rates-bonds/swiss-national-bank-surprises-with-interest-rate-cut-2024-03-21/

I don't mean to do some SNB bashing, but imagine being one of the first central bank caving on "high" rates with gold, crypto and stocks at all time highs. It would even make the ECB blush.
Anyway all the major central banks will follow path in the coming months and give up on their Liar's Poker.

they are the test ballon because it had the "strongest" currency id assume they have got a friendly call. Its anyway a farce.

 

[jafo]

id assume they have got a friendly call.

I always remember George when I see or hear the above:

Its anyway a farce.

You are 100% correct as it relates to us.
For them...it's a goldmine and a subservient "plantation."

https://www.reuters.com/markets/rates-bonds/swiss-national-bank-surprises-with-interest-rate-cut-2024-03-21/

I don't mean to do some SNB bashing, but imagine being one of the first central bank caving on "high" rates with gold, crypto and stocks at all time highs. It would even make the ECB blush.
Anyway all the major central banks will follow path in the coming months and give up on their Liar's Poker.

#Bingo! You hit that nail right on the head!