>Switzerland, a small mountainous nation in western Europe, has avoided rampant inflation even as other countries continue to battle sky-high prices.

>Inflation in Switzerland hit a 29-year high of 3.5% in 2022, well below the double-digit rates of other advanced economies.

>A strong Swiss franc, resilient energy supply and pricing controls are some of the factors that have helped shelter the country's economy

Could it have been perhaps all the anonymous banking services?

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Laundering money for Russian oligarchs?

Pricing controls. There, saved you a click.

Big fan of Switzerland but what I've heard from other people is basically that everything in Switzerland is expensive already.

It's interesting that CNBC is promoting the price controls and the regulation which are antithetical to what it espouse all day long.

Is it by profiting from human cruelty?

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Well, those never backfire...

Price controls are part of why healthcare is not as outrageous in Switzerland as in the US. So are subsidies. Even though thee is no universal option.

yeah. Nice country to visit, but can't afford to stay long. Makes me wonder which country is more expensive (for tourists) Switzerland or Bahamas. For Bahamas, i can somewhat understand. Everything has to be imported

Here's how: Nazi Gold.

It's really commendable that they let any money that needs laundering pass through their banks. They are great!

While being a fan of Switzerland may not be the same as a fan of Russia, or Nazi Germany, it's at least up there with being a fan of the Philippines, or Israel.

Like it or not Switzerland is one of the greatest countries in the world with one of the best qualities of life to be found anywhere on the planet as well as a history of great achievements unmatched anywhere else in the world outside of Europe.

I mean just because something works in Switzerland doesn’t mean it’ll work elsewhere

> Switzerland’s unique economic landscape is decades in the making and difficult for most countries to replicate wholesale. Its exchange rate policy, for instance, could not be mirrored by the wider euro zone, given the disparate economies involved.

Majority of the population is employed in cooperatives, which are focused on the well-being of their workers/members and their community, instead of focusing on gains of shareholders.

This is major contribution to low inflation.

Yeah, easy to have a good quality of life when the country is the money laundering capitol of the world.

By not contributing to anything.

Nazi gold???!!!

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I live in Luxembourg and apparently we have the lowest inflation in the EU. But no one can explain to me why, or how we have achieved it.

Your small country is immensely wealthy and I'm sure the government can afford to subsidize everything behind the scenes.

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And yet the newest gas bill really hurt. Inflation is low, but things are still costly and some stuff really picked up the pace.

Of course!!!! Every citizen has dozens of gold bars. This another stupid meme. They actually traffic in illegal chocolate bars.

Well you know maybe it’s not “Nazi gold” but there is a reason having a Swiss bank account when you aren’t from Switzerland raises some eyebrows..