/biz/ - Business & Finance

Building on my analysis about Sweden and Scandinavia in the previous thread, I wonder what the endgame of the Riksbank is.

QRD:

>every swede is levered up to the ears with studio apartments in Stockholm going for almost 10x the average salary
>lots of unsecured debt as bankruptcy for individuals does not exist here and the Government has the capacity to force, without involvement of the courts, companies to garnish wages and seize assets - loans are mostly secured by the Government's guns here
>quality of life is still stellar and we have a pretty strong domestic industry in both manufacturing and services (extremely high-tech)
>Riksbank (our central bank) have been pioneering with negative interest rates and massive QE since 2013. they recently raised rates to 0% but have printed a shitton of money in stimulus in response to the coronavirus crisis and have started buying corporate bonds en-masse
>low central government debt which has been on a steady decline for the past couple years despite a socialist government
>120 tons in gold reserves
>Central bank pushing heavily for digital currency seeing as 97%+ of all transactions here are done digitally, cash is mostly used by pensioners and in the black market

Not really sure how things will play out here if fiat goes to zero. I'm not convinced Stefan Ingves (Riksbank governor) is going to allow hyperinflation and maybe they might raise rates and make everyone default like they did in the 90's during our last debt crisis. Anyone from Sweden or elsewhere that might have some thoughts on this?

I'm hoping for hyperinflation so my shitty debts from my days of being an irresponsible youth will finally be cleared out, but I don't know if I can bet on it.