Today’s Must-Must-Read: Lars E.O. Svennson: Riksbank Deputy Governor Jansson Again Tries to Defend the Indefensible…

Today’s Must-Must-Read: Lars E.O. Svennson: “Riksbank Deputy Governor Jansson Again Tries to Defend the Indefensible, the Riksbank’s sharp tightening of monetary policy in the summer of 2010…from 0.25 percent to 2 percent… …There were really, in real time, no comments suggesting that it would be a stupid idea to increase the interest rate. But in … Continue reading Today’s Must-Must-Read: Lars E.O. Svennson: Riksbank Deputy Governor Jansson Again Tries to Defend the Indefensible…