Forum: Currencies
November 9th, 2018, 03:13 PM
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Replies: 5
Views: 2,713
Don't let the government backstop you
The common denominator in a lot of these blowups is a long-term currency peg. The Swiss government decided that it wanted to maintain EURCHF (and USDCHF, etc) at an arbitrary level for what were, in...
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