$43 Hot Dog In Davos Raises Elite Eyebrows

Just after the Swiss National Bank eliminated the peg controlling the price of its currency to be linked to that of the euro and sending the Swiss currency to new heights, the world’s proclaimed elite descended on Davos and discovered an already expensive trip just became more so. After arriving at the Belvedere Hotel bar, which a Bloomberg article labeled “the schmoozer’s hostelry of choice,” a Davos guest would have to pay $41 US for a night cap glass on Johnnie Walker Blue, up from $35 before the currency move. In case Davos patrons aren’t looking to wind down the…