5.08.2019

It is easy to trade with other people's money

Our equivalent to the Fed, Riksbanken, has painted itself into a corner. 

We have had a boom that has been going on for a few years now. Throughout, the Swedish central bank AKA Riksbanken has had zero interest rates.

This means that now that we face the biggest challenge of 100 years, according to our finance minister, they have absolutely no tools available.

I guess Riksbanken has looked at the outside world and jumped on the bandwagon.

In the end, it will be taxpayers who will have to pay for their decision.

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