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Total stupid. The swiss was doing this many years with euro.
I think it is better to support production with this money then giving it to eu banksters so they can increase euro money supply even more.
Instead of buying euro the swiss can also increase chf supply and spend it for their own people and industry.

Increasing the chf supply will have the same effect on the exchange rate in the medium term.

The EU is Switzerland's biggest trade partner. How do you think folks will spend the extra CHF?

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