Attention - People go to CASH and GOLD in Switzerland.

in #politics8 years ago

People in Switzerland withdrawing money from the banks. And stocking them in privet safes, under the mattresses, inside the pillows and GOD knows where else. They also will try to invest in gold and silver.

Why is this happening ? 

Just because banks in Switzerland right now come up with new idea of taxing people ! They declare a negative rates for bank accounts. Right now it is want to minus 0.75 per cent.

You will say: Hey, it is not much ! It is only 75 cents from 100 $.  

Whell, it is, for now. =]

But do not forget about inflation (another tax we paying) with prices going up each year. And salary does not go with the same speed. It is almost a global problem ! I do not know any country where prices are going down and pay checks are risen ! Do you ?

And our governments just siting and watching how centro-banks  dilute money base !

Douche Bank, today, stands on the cliffs edge. With huge fine which it must pay to USA. Bank has no money left to live with that. It all ready sold everything it could, Bank even announced 25%  jobs cut. Nothing helps.

Douche Bank shares at all time low price.

Next step is Bail Out ! 

Whaaaat, new QE *** ?

Yeaaaa baby !!!!!

***QE -  Quantitative easing is an unconventional monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply. Quantitative easing increases the money supply by flooding financial institutions with capital in an effort to promote increased lending and liquidity
source:
http://www.investopedia.com/terms/q/quantitative-easing.asp#ixzz4LzjAc1k1
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HUGE welcome to #steemit @instead, great pictures ! I am following you because you interest that i see some common one. This is a great community and hopefully we will grow up on great and useful content!

Happy steeming and greetings from Switzerland!
Francesco

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Nice to meet you Francesco !
I am glad you like my post !
Will check yours ;-)
How I understood You in US right now. Do you ?
Happy steeming for you also !
See you soon...
=]

It's sad to think about how much pain and suffering central banks have caused. I long for the day when sound money returns.

Central banks are only instrument in evil hands.
The main purpose is to robe and control people globally.

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