There have been and are problems with Norwegian monetary policy and its fiat currency – as with other fiat currencies. Even so, there have been reasons to view the Norgwegian Crown – the currency that is – as comparatively better in many respects.
Today's lowering of the key policy rate could, however, give reason to doubt this.
Is Norges Bank determined to sabotage its own currency?
Did they serve magic mushroom soup at the central bank today?
Wednesday, December 14, 2011
Magic Mushroom Soup?
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