SWISS NATIONAL BANK ON INFLATION

To: The Right Honourable Swiss National Bank President Mr. Thomas Jordon

From: Athinarayanan Sanjeevraja

Date: November 12, 2018

RE: Inflation

Suggestion:

Mr. President let me start by paying my respects to you and through you to. The Swiss National Bank introduced a unique monetary policy framework which is based on inflation forecast in 2000. It was successful most of the time in reaching its mail goal. Swiss inflation hit to 1.2% for the first time since 2011. If I am not mistaken, soaring oil prices, more expensive imports and SNB exchange rate intervention drove Swiss inflation to 1.2%. Swiss inflation momentum is improving gradually. I do expect that Swiss inflation will range from 1 to 1.3 over the next couple of years. PPP (Purchasing Power Parity) will compensate for the difference in inflation between the currency zones. I fervently hope that Hon. President to keep inflation in check and to ensure the health of Swiss financial market. IMHO, price stability not as an end in itself but Hon. President should showed disciplined and reflected commitment to the goal of effectively and predictably stable prices. And also means of achieving stable and sustainable Swiss growth. There are many research concluded that the exchange rate intervention did indeed enhance into inflation. Svensson (2000) pointed out the success of exchange rate intervention lies in the inflation expectation. As an Analyst I do believe that exchange rate intervention is a convenient unconventional monetary policy tool. In my humble request to Hon. President, the exchange rate intervention should not stop until the SNB reaches its inflation goal.

Thank you very much for your attention.

Respectfully yours

Athinarayanan Sanjeevraja.

Athinarayanan Twitter

Athinarayanan Advisory Authority.

Comments

HONG KONG EXTRADITION BILL 2019

To: The Right Honourable Chief Executive of the Hong Kong Special Administrative Region of the People’s Republic of China Ms. Carrie Lam From: Athinarayanan Sanjeevraja Date: August 29, 2019 RE: HONG KONG EXTRADITION BILL 2019 Suggestion: Hon. Chief Executive of the Hong Kong let me start by paying my respects to you and through you to. “One Country Two Systems” structure compels Hong Kong to operate currently under different legal system than that of Mainland China. You published the extradition bill on March 29, 2019 and first reading on April 3, 2019 which will destroy Hong Kong legal independence because extradition bill is another attempt for China to take away the Hong Kong independent legal system that China has agreed for Hong Kong to keep until 2047. Thus, the people of Hong Kong marched their protest against the bill on June 9, 2019. Hong Kong protests are still continuing. The silence of your government lead...

YEMEN CIVIL WAR

To: The Right Honourable French President Hon. Emmanuel Macron From: Athinarayanan Sanjeevraja Date: December 22, 2018 RE: Yemen Civil War Suggestion: Hon. President, let me start by paying my respects to you and through you to. We have seen Yemen civil war countless times. If I am not wrong, there have been 8 wars or insurgencies killing up to 180,000 Yemenis since 1934. There have been additional 50,000 are believed to be died by starvation and 2250 are believed to be died by Cholera since Saudi Arabia intervened in 2015. The Saudi Arabia-led intervention in 2015 has been criminal and brainless decision which is based on an erroneous evaluation of the traits of the Yemen civil war. The Yemen civil war draws its reason from decades of marginalisation on the Arab tribe of the Huthis by an autocratic rules sponsored by the KSA. Yemenis struggle is being led for more justice and a fairer distribution of national wealth f...

THANK YOU NOTE TO FORMER CHIEF JUSTICE OF INDIA DR A S ANAND

To: The Hon’ble Dr. Justice A.S. Anand, Former Chief Justice of India & Empowered Committee Chairman From: Athinarayanan Sanjeevraja Date: Wednesday, July 25, 2012 RE: Thank you and the members of Empowered Committee and the five judge constitution Bench of Supreme Court Judges. My lord, please accept my heartfelt thank you and the members of Empowered Committee and the five judge constitution bench of Supreme Court Judges on behalf of myself and all of the people in Tamilnadu for saving lakhs of farmers in the southern districts of Tamilnadu and the fine report you made. I wish you continued success in what you are doing my lord. The completion of the remaining judgement on Mullaperiyar will require Dharma. Every judgement should apply Dharma. Dharma should not be destroyed in any of our judgement. My lord, As you knew that “ according to lease agreement indenture granted full right, power and liberty to the Tamilnadu to construct make...

Search This Blog