View Single Post
Old 16.01.2015, 17:20
Macer Macer is offline
Join Date: Jul 2011
Location: Gland
Posts: 225
Groaned at 1 Time in 1 Post
Thanked 132 Times in 93 Posts
Macer is considered knowledgeableMacer is considered knowledgeableMacer is considered knowledgeable
Re: Aftermath of SNB EUR Peg Discontinuation - Would you be happy to take a 20% pay c

Only if you are fixing at today's rates. What if you fixed at 3% years ago?

The thing is, not all prices in Switzerland will fall. We are likely to experience deflation too, so falling tax receipts will mean that the government might have to raise tax rates.
Reply With Quote
This user would like to thank Macer for this useful post: