The highest body of authority in charge of the overall financial stability in Switzerland is the Swiss National Bank (SNB).
Generally, whether interest rates are increased or lowered, banks will always have ways of using them to their advantage.
Central banks increase the interest rates during times of increased inflation, and lowers them when inflation is low.
Trade goes way back, even before the discovery of fiat money people used to exchange goods for goods, a form of trade famously known as barter trade, this was for a long time a means that seemed to work for the better part of the whole community.
Ever heard people saying money is created out of thin air? No? Well, basically it kinda is, now you have [Heard]. See, in the last century, or rather before governments…