Connect with us

Crypto Mining

Swedish Central Bank Ponders Even Lower NIRP



At a press conference on Wednesday, the head of the Swedish Central Bank admitted that interest rates could potentially go as low as -1.5%, and quipped that Swedes likely wouldn’t even protest. Other countries implementing negative interest rate policies are producing lukewarm results that don’t address the root causes of currency devaluation. Nor do they change the bleak overall trajectory of fiat financial systems across the globe.

Also read: Bitcoin’s Survival Depends on an Uncensorable Internet

A Dreary Forecast, But Too Lazy To Care

Stefan Ingves, governor of the Swedish Central Bank, implied on Wednesday that Swedes are too ...

Read More

Continue Reading