So if a genuine reflation requires the yen's depreciation, the psychological effect on regional currencies should be relatively muted.

CNN: Emerging Asia can cope with the coming slide

Second, Switzerland is a relatively open economy and depreciation will have more effect, when it comes to countering deflation risks, than it would for the United States or the euro zone.

ECONOMIST: The terrible temptation to depreciate

During 2001 to 2004, when a similar bonus depreciation provision was in effect, more than 30 states didn't allow some or all of the break, according to the Center on Budget and Policy Priorities.

FORBES: Bonus Depreciation, Bonus Headaches

First, because Switzerland is a small country in terms of global trade, depreciation of the franc will not have a big effect on the competitive position of other countries.

ECONOMIST: The terrible temptation to depreciate

This lower price has a positive domino effect on five-year ownership, allowing for lower depreciation, finance and other associated costs.

FORBES: 2012 BMW X5 xDrive35d

When they were enjoying the depreciation deductions on their tax returns, those owners never considered what effect it would have decades later when it came time to downsize and sell.

FORBES: How To Profit From The Fiscal Cliff