Strong currency

Thomas Jordan, economist and chairman of the Swiss National Bank (SNB), must be knowing what he is doing with his background not only of a researcher at Harvard in the United States but with his post-doctoral thesis about European Monetary Union. How the Swiss National Bank will be able to control the markets is not an easy subject, either. Having become the hardest currency globally since the financial crisis, according to the "Deutsche Wirtschaftsnachrichten"(http://www.deutsche-wirtschafts-nachrichten.de, "USA setzen Schweiz auf Watchlist wegen Manipulation des Frankens", 2020/1/16), it is exactly this fact that produces a problem: investments in the swiss franc do continue while a strong swiss franc is bad for swiss economy depending on exports. Negative interest rates and a huge balance because of foreign exchanges to weaken the franc helped to produce a big gain while the United States put the SNB again on the currency manipulator watchlist (where it does not belong, according to the "Deutsche Wirtschaftsnachrichten").

What to do with the profits is not the question that has to be discussed in Switzerland now while swiss economy does no longer agree with negative interest rates (like the Federal Reserve Board, USA, doesn't either, while the European Central Bank and the SNB itself are maintaining the base rate) but the question arises,, too, about the strategy of the SNB not granting prosperity.