tag:blogger.com,1999:blog-29930015.post5161743943971477177..comments2024-03-27T10:14:57.017+01:00Comments on Tržišno rešenje: Zašto franak raste?Slaviša Tasićhttp://www.blogger.com/profile/15316128777779928041noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-29930015.post-2524445224651443312015-01-20T17:08:28.921+01:002015-01-20T17:08:28.921+01:00Ja moje ekonomiste volim "made in Harvard&quo...Ja moje ekonomiste volim "made in Harvard" :D kao sto je gosn. Nurijel Rubini:<br /><br /><a href="https://www.project-syndicate.org/commentary/world-government-reliance-monetary-policy-by-nouriel-roubini-2014-12" rel="nofollow">The Return of the Currency Wars</a><br /><br />Posto je SNB nezavisna, fiksni kurs otima im monetarni suverenitet, te predaju pse (valutnog) rata ECB, medjutim, predaja nije u svajcarskom duhu :D<br /><br />Merkantilisti kakvim ih narod obdario, tek ce SNB da krene sa QE.<br /><br />Inace, dok jedem pogolemu (verovatno poljsku) jabuku pitam se da li ova neprodata EU roba namenjena ruskim nesretnicima je isto beggar thy neighbour politika :DNemanjahttps://www.blogger.com/profile/05395828536256433519noreply@blogger.comtag:blogger.com,1999:blog-29930015.post-60131786487470045622015-01-19T13:49:59.382+01:002015-01-19T13:49:59.382+01:00Izgleda da su se ECB i SNB dogovorile...
But why d...Izgleda da su se ECB i SNB dogovorile...<br /><i>But why did the SNB act so precipitously? After all, at the time of the SNB’s action the ECB had not announced QE. Surely the SNB could wait until it did so?<br /><br />No, it could not. It had to act when it did. On Friday January 16th, the German newspaper Der Spiegel reported that on the same day as the ECJ Advocate General published his opinion, the ECB President, Mario Draghi, had presented his proposed QE programme to German Chancellor Angela Merkel. The presentation gave details of the size of the programme, the approach (NCBs to buy their own government bonds) and limitations (Greek bonds excluded). Der Spiegel’s report, apparently authorized by a German government official, was an official leak of the ECB’s intended QE programme. In effect, the ECB announced QE as soon as the SNB got out of the way. This can’t possibly be coincidence.<br /><br />But how did the SNB know that it had to act as soon as the ECJ Advocate General’s opinion was published? And why did the SNB’s action include a rate cut that could only be intended to defend against rapid inflows of capital, which would be expected if ECB QE was imminent, rather than simply “being considered”? As my colleague Raoul Ruparel rightly asks, what did the SNB know that no-one else did? Did it merely guess that ECB QE would not be far behind – or was it told? Did the ECB inform the SNB about Draghi’s meeting with Merkel? In short, did the ECB tell the SNB to remove the cap in order to clear the way for ECB QE?</i> <br />http://www.forbes.com/sites/francescoppola/2015/01/17/oh-switzerland-what-have-you-done/charliehttps://www.blogger.com/profile/06140879546333040971noreply@blogger.comtag:blogger.com,1999:blog-29930015.post-61136288780015809842015-01-19T11:13:56.060+01:002015-01-19T11:13:56.060+01:00This comment has been removed by the author.andreas bremehttps://www.blogger.com/profile/03016873316827714480noreply@blogger.comtag:blogger.com,1999:blog-29930015.post-44426750696002751782015-01-19T04:49:52.317+01:002015-01-19T04:49:52.317+01:00Ja takodje mislim da je objasnjenje vrlo jednostav...Ja takodje mislim da je objasnjenje vrlo jednostavno i najboje izrazeno srpskom narodnom poslovicom "ko je lud ne budi mu drug". Cinjenicku osnovu za to si dao i ti u tekstu, ukazivanjem da ce EU da stampa milijarde evra da bi spasila svoj propali politicki projekat, i da Svajcarci ne mogu i ne zele da to prate. No, fali ocigledan zakljucak da stampanje milijardi evra ili franaka nije resenje ni za sta, i da Svajcarci rade ispravnu stvar, ali to je pretpostavljam vec suvise priprost i "nenaucni" nacin misljenja.:)<br /><br />Btw i Svajcarska ima deflaciju prethodnih nekoliko godina. Ivan Jankovichttps://www.blogger.com/profile/13752746676526149443noreply@blogger.comtag:blogger.com,1999:blog-29930015.post-86136715676137649892015-01-19T03:08:12.379+01:002015-01-19T03:08:12.379+01:00Meni to sve, bar ovako laicki deluje prosto (mozda...Meni to sve, bar ovako laicki deluje prosto (mozda i previse prosto). Ako SNB zeli da vestacki drzi CHF nisko u odnosu na EUR mora konstantno da menja CHF za EUR (ponuda i potraznja se ne kliringuju bez SNB-a) i time trpi gubitke (koji se doduse ne vide ako se ravnotezni kurs ignorise). Gubici se gomilaju, a kad ravnotezni kurs dovoljno odstupi od fiksiranog brzina akumulacije gubitaka postaje nepodnosljiva. <br /><br />Meni to jednostavno lici na stari dobri Gresham's law. Jer EURO je shit valuta u poredjenju sa CHF. Mesavina svih valuta iz evrozone (pojednostavljeno receno pola nemacka marka, pola talijanska lira) nikako ne moze biti pandan CHFu, izuzev ako SNB zeli da unisti CHF. <br /><br />Jim Rogers (koga ja veoma cenim) je to ovako objasnio u svojoj knjizi iz 2013-te:<br />http://www.businessinsider.com/jim-rogers-i-predicted-the-swiss-franc-shocker-2015-1<br />Jovanhttps://www.blogger.com/profile/01742717607062366425noreply@blogger.com