The Swedish economic experiment of negative interest -rates in a boom goes on

https://notayesmanseconomics.wordpress.com/2015/08/28/the-swedish-economic-experiment-of-negative-interest-rates-in-a-boom-goes-on/

Today opens with relative calm in world financial markets although a little care is need as many central bankers are gathered at the annual symposium in Jackson Hole. After all we know that “loose talk costs lives” from the wartime warning. A subject that may well come up in private discussions is the monetary policy being deployed by the Riksbank in Sweden although it will be in its absence as I do not believe its representatives are in attendance. As an undercut to the discussions about promises and hints made by the Bank of England (Governor Carney is present) and the US Federal Reserve about interest-rate rises the reality of the Riksbank cutting interest-rates into negative territory in response to favourable economic conditions is an actual ying to their promised yang.
Indeed the whole concept of an exit strategy from “extraordinary monetary conditions” has in many ways been converted to an entry strategy by the Swedes. Perhaps they have been listening to too much Abba.