瑞郎——全球最强势货币，没有之一

Core Insights - The article reveals that the Swiss Franc has consistently outperformed other currencies over the past 50 years, challenging the notion that a strong currency undermines a country's manufacturing competitiveness [1][2]. Group 1: Currency Performance - The Swiss Franc has maintained the best currency performance over various time frames, including 50, 25, 10, and 5 years [1]. - Despite discussions around the devaluation of the US dollar to boost manufacturing, the Swiss Franc remains a strong currency with a robust manufacturing base [1]. Group 2: Manufacturing Strength - Manufacturing constitutes 18% of Switzerland's GDP, which is one of the highest proportions among developed economies [2]. - Over half of Switzerland's exports are high-tech products, more than double the proportion of the United States [2]. - Switzerland has maintained a current account surplus averaging over 4% of GDP since the early 1980s, aided by high-value exports [2]. Group 3: Innovation and Economic Performance - Switzerland has ranked as the most innovative economy according to the United Nations for over a decade, driven by investment in education and R&D [3]. - The country generates over $100 of GDP per hour worked, the highest productivity among the 20 largest economies [3]. - A decentralized political and economic system fosters the growth of small businesses, which make up over 99% of Swiss companies [3]. Group 4: Economic Stability - The Swiss economy exhibits "all-weather" stability, with the Swiss Franc appreciating regardless of global economic conditions [5]. - In 2015, Swiss manufacturers adapted to a significant appreciation of the Swiss Franc by shifting focus to precision exports less sensitive to currency fluctuations [5]. Group 5: Lessons for Other Economies - Switzerland's experience suggests that cheap currency is not a panacea for reviving manufacturing sectors in developed economies like the US [6]. - True competitiveness stems from innovation, product quality, technological sophistication, and brand value, rather than relying on currency devaluation [6].