When we talk about the history of the Riksbank, we talk about the history of central banking and money itself. And I would like to share some thoughts on these two histories while I make you wait for the dessert. The Austrian playwright Johann Nepomuk Nestroy once remarked: “The Phoenicians invented money. But why so little of it?” The question may sound unserious today.
It was a Tuesday, and judging by the headlines in literally every major newspaper in the world on the day after, the world was in a state of shock. The sentiment that dominated the greater part of media coverage of the USpresidential election was also apparent in social media and in personal conversations probably everyone in this room had in the days that followed.