Abstract

The fallout from the decision of the Swiss National Bank (SNB) to abandon a fixed value of the Swiss franc (CHF) against the euro may foreshadow the potential consequences of the end or failure of central bank activism. As Gloucester in Shakespeare's King Lear states: “These late eclipses of the sun and moon portend no good to us.”

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.