This video was additionally made in collaboration with Worth College. Click on right here to be taught extra about this group whose mission is to unfold data about monetary tradition: https://worth.college
There are two challenges you must by no means enter into with a Swiss nationwide: one is snowboarding and the opposite is cash.
Regardless of having simply over 8.5 million inhabitants and being nestled amongst tranquil mountains, the Swiss Confederation has change into not solely one of many richest nations on this planet but in addition a secure haven for the world’s nice fortunes.
Nonetheless, on this new collaboration with Worth College, we’re not going to focus a lot on the Swiss economic system because the very odd establishment that has change into an vital participant within the international monetary market in recent times: the Swiss central financial institution, in any other case referred to as the Swiss Nationwide Financial institution.
The central financial institution of Switzerland is so peculiar that it’s listed on the inventory change, has the bottom rates of interest on this planet, and for a lot of specialists has already change into an actual Hedge Fund. Do you need to know extra about an establishment that in 2019 alone made $50 billion in income? On this video, we offer you all the main points.
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