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  1. #11
    Fractional Reserve Fractional Reserve is offline

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    Quote Originally Posted by gerhard dengler View Post
    If you compare 2015 balance sheet to 2016 balance sheet, you'll see that her liabilities have increased from 579 billion in 2015, to 662 billion in 2016.

    Without more disclosures, it would be difficult to know if the share purchase programme is to hedge against the increase in liabilities.

    https://www.snb.ch/en/iabout/snb/ann..._annac_balance

    However the point of the link in the OP is whether or not a central bank should be purchasing shares, and purchasing shares to extent that the SNB is doing.
    Isn't that what central banks where initially set up for to buy private debt until the Governments hijacked them in to buying their debt ?
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  2. #12
    EUrJokingMeRight EUrJokingMeRight is offline
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    Be your own bank.
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  3. #13
    gerhard dengler gerhard dengler is offline
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    Quote Originally Posted by Fractional Reserve View Post
    Isn't that what central banks where initially set up for to buy private debt until the Governments hijacked them in to buying their debt ?
    Central banks were not set up to be buyers of issuances of private debt.
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