SNB PROFITS “BELONG TO THE PEOPLE,” SAYS EX-BOARD MEMBER DANTHINE

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In his years as a Swiss National Bank board member, Jean-Pierre Danthine was restricted in commenting on the bank’s strategy. Danthine, who retired from his post in 2015, now has plenty to say about Switzerland’s central bank. In part one, the EPFL professor talks tactics when it comes to the SNB’s balance sheet and sharing profits. “Real profits will be distributed to the people,” Danthine says. “The real question is when or how.”
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