Swedish Banks Will Spend – Or Else!
Posted on September 1st, 2009 by mark in Doom & Gloom
At the Riksbank, which now has a deposit rate of minus 0.25 per cent, the most vocal advocate of the policy is deputy governor Lars Svensson, a world-renowned expert on monetary policy theory and a close associate of Ben Bernanke, chairman of the US Federal Reserve, since they worked together at Princeton University. CNN (Financial [...]