{"id":7174,"date":"2011-09-09T02:21:53","date_gmt":"2011-09-09T09:21:53","guid":{"rendered":"http:\/\/www.backwoodshome.com\/blogs\/ClaireWolfe\/?p=7174"},"modified":"2011-09-09T02:21:53","modified_gmt":"2011-09-09T09:21:53","slug":"silver-on-the-swiss-mess","status":"publish","type":"post","link":"https:\/\/www.clairewolfe.com\/blog\/2011\/09\/09\/silver-on-the-swiss-mess\/","title":{"rendered":"Silver on the Swiss mess"},"content":{"rendered":"

I know a lot of people don’t give a hoot that the Swiss central bank chose this week to tie the fate of the Swiss franc to the nosediving, dying euro. <\/p>\n

To some, Switzerland’s folly is just another scrap of bad news from muzzy-headed, irresponsible foreigners (at a time when we can’t even keep up with the idiocies perpetrated by our own domestic Irresponsibilistas). To others, who might once have looked to Switzerland as an example of what a country could be, it’s just another step on on that nation’s self-chosen downward path. From gold-backed money and financial privacy to fiat paper and total sellout. Old news.<\/p>\n

But to me, watching Switzerland diminish itself is like watching an island of sanity sink under waves of financial madness. Half sad. Half terrifying. The last beacon falls in the storm. Now there’s only rocks and darkness.<\/p>\n

I went on The Mental Militia Forums<\/a> the other day and asked Silver (resident maven in all things to do with sound money) for his take on the subject. Though he was swamped with work, yesterday evening he delivered a long, thoughtful reply. <\/p>\n

He agrees it was a sad move. But he seems to think there’s hope — hope that’ll come from those wonders of Swiss governance, the cussedly independent cantons. And Silver’s not the only one who says the Swiss National Bank just may not be able make the franc dive to the bottom along with all the world’s other fiat currencies.<\/p>\n

Whatever else Switzerland has or doesn’t, that canton structure is as close to freedomista as it gets these days.<\/p>\n

I’ll let Silver take it from here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

I know a lot of people don’t give a hoot that the Swiss central bank chose this week to tie the fate of the Swiss franc to the nosediving, dying euro. To some, Switzerland’s folly is just another scrap of bad news from muzzy-headed, irresponsible foreigners (at a time when we can’t even keep up with the idiocies perpetrated by our own domestic Irresponsibilistas). To others, who might once have looked to Switzerland as an example of what a country could be, it’s just another step on on that nation’s self-chosen downward path. From gold-backed money and financial privacy to…<\/p>\n

Continue readingSilver on the Swiss mess<\/span><\/a><\/div>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-7174","post","type-post","status-publish","format-standard","hentry","category-money","ratio-natural","entry"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/posts\/7174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/comments?post=7174"}],"version-history":[{"count":0,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/posts\/7174\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/media?parent=7174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/categories?post=7174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/tags?post=7174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}