there is an international ponzi competition to devalue the national currency

to make the local economy more competitive

compare usd and chf. it is artificial. switzerland is surrounded by weak countries using eur. one swiss frank should already buy 10 eur or 100. switzerland has low debt, high incomes, low unemployment. the reality is that it has to keep the chf artificially low. bitcoin is booming in switzerland. you can pay with it almost everywhere