DislikedThey did Peg to the euro, they said they will defend 1.20 by (and check that) buying unlimited amounts of foreign currency. Obviously what they are risking is inflation to no bounds but most importantly what i meant by saying that they are "betting the entire swiss economy" is that if they truly do buy an insane amount of foreign currency, sooner or later they will be forced to sell... and this will incur a hefty cost.
Now there are an endless amount of macroeconomic implications aswell as ramifications for this (as my macroeconomics professor...Ignored
When inflation becomes an issue, they will change their mind.
Kill the ego, or it will kill the mission.
