| Title | : | Swiss Franc Vs US Dollar – Which Currency Is the Best? |
| Lasting | : | 10.10 |
| Date of publication | : | |
| Views | : | 11 rb |
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I wish I can live and work in Switzerland and earn millions of Swiss Francs Comment from : @kennethbandola6908 |
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Who would hold a currency thats under controlled demolition? Swiss francs is best choice Comment from : @professork5634 |
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Excellent video Thank you for your informative and balanced evaluations between the two currencies Much appreciated Comment from : @LB-sj3li |
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Switzerland, despite being a stable and prosperous country with a strong currency (the Swiss franc), does not have the economic size, influence, or geopolitical reach that the United States possesses Several key factors contribute to why Switzerland cannot be a supplier of the world's reserve currency like the US:brbrEconomic Size: The US has the world's largest economy by nominal GDP Its economic output, financial markets, and trade volume are significantly larger than Switzerland's The sheer size and depth of the US economy make the US dollar the most widely used currency for international trade and financebrGeopolitical Influence: The US has considerable geopolitical influence around the world, backed by a strong military presence, alliances, and a dominant role in global institutions like the United Nations, IMF, and World Bank This influence gives the US dollar a status as a global reserve currency that few other countries can matchbrFinancial System and Markets: The US has one of the most developed and liquid financial systems in the world, with deep and sophisticated capital markets The US dollar is widely used in international trade, commodities pricing, and as a reserve currency by central banks and governmentsbrHistory and Trust: The US dollar has been the dominant global reserve currency since the end of World War II Its stability, trustworthiness, and widespread acceptance have been built over decades Switzerland's currency, the Swiss franc, is also considered a stable currency, but it does not have the same historical track record or global acceptance as the US dollarbrMonetary Policy and Institutions: The US Federal Reserve is one of the world's most influential central banks, with a significant role in shaping global monetary policy The Swiss National Bank is respected for its stability and independence, but it does not have the same level of influence or impact on the global economy as the Federal Reserve Comment from : @donrojelio3300 |
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Very useful point of view Thank you encourages me in the direction I am taking Comment from : @MrWiffleHead |
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A good comparisment As a dutch guy living in Switzerland since 2002, I saw first hand how a strong currency can effectively protect you from inflation Rent, buying a car, it is around the same price as twenty years ago actually Only energy and healthcare did increase very muchand have a negative impact, but a coffee on a nice terrace still costs around CHF 4 just like it was 20 years ago Comment from : @ronnie9187 |
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Добро утро на всички колеги от банковата система на националната банка цюрих, колкото повече долари приемате във банката,и евро толкова повече инфлацията ще расте 2023😊 Comment from : @angelevstatiev8522 |
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I'm impressed by the broad approach to analysis of the two currencies The Swiss Franc fundamentals and the economic perfomance behind those numbers are better in Switzerland than in the US: Switzerland leads over the US in almost every metric and statistic the World Bank, the IMF, the EU, the OECD, the WHO or the UN collects Even in number of patents per capita (partially relevant for GDP resiliance and for growth prospects), Switzerland leads the world ranking by a huge margin of 100 over number 2 Sweden and 150 over 3rd ranked USA Comment from : @christheswiss390 |
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National Bank Zurich no investment in central bank global a and Zurich gold ana gol no valute and golas Switzerland 2024😊 Comment from : @angelevstatiev8522 |
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Cfh over any currency US dollar will be worthless soon Comment from : @professork5634 |
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Do you teach forex? I need a mentor Comment from : @altaif95 |
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