Monday, January 30, 2006

Those Swiss

[Thanks to for the photo.]

Once again, I hear the sound of wisdom in the voice of a Swiss banker/investor. This one is Felix Zulauf, an investment advisor. In an interview at Barron's Roundtable, he says a few things that correspond with my views. For example:

"Intensive globalization leads to low headline inflation. The governments of the old industrialized nations run large fiscal deficits, and the central banks accommodate them with cheap-money policies."


"The bottom line is cheap money as far as one can see, and low real interest rates…"

You can read more at goldstockblog.

Felix Zulauf


Anonymous Mike said...

Felix Zulauf has revised his expectations in May 2010. He now expects a deflationary collapse into 2011.

5:42 PM  

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