Swedish central bank (Riksbanken) is no longer insolvent.

Tomorrow it will receive a 25bn SEK (~$2.5bn, 2% of balance sheet) capital injection to cover the accounting madness that was the "-18.100bn reserve" entry on the bank's balance sheet. Oops.

(Finance) clown world becoming more and more clowny.

Now, excessive money printing is a __direct__ fiscal drag on Sweden's treasury.

Be aware; be mindful; get the hell out.

#finpol #macro #finance #centralbanks #clownworld #bitcoin