swiss peg frac to euro, page-10

"At the moment we pay banana republic interest rates when compared to other developed countries. "

Artificially low interest rates encourage people into indebtedness/to take on debt and punish savers.

Perhaps governments should stop tinkering and let natural markets forces set interests rates, or maybe it's too late for that now. Of course when the 'tree trunk' of the fiat currency tree, the US, establishes an artificially low interest rate the whole tree is screwed.