Join Bitcoin University Premium:https://www.bitcoinuniversity.comIn this video, I discuss the Swedish central bank (Sveriges Riksbank) blowing itself up through its own incompetence and needing a $7 billion bailout. The Swedish central bank has had a long and fabled history, stealing the economic energy and savings of the people of Sweden for many hundreds of years.It gained the monopoly on money and then failed to control price stability for the country. To add insult to injury, it is now asking for a taxpayer funded bailout.Not investment advice! Consult a financial advisor. Sveriges Riksbank (Swedish central bank):https://twitter.com/riksbankenhttps://www.riksbank.se/en-gb/about-the-riksbank/Riksbank historical timeline:https://www.riksbank.se/en-gb/about-the-riksbank/history/historical-timeline/Gold priced in SEK:https://goldprice.org/gold-price-history.htmlPaul Krugman's 10-Year History of Being Wrong About Bitcoin:https://reason.com/2021/06/10/paul-krugmans-10-year-history-of-being-wrong-about-bitcoin/Don’t do it again! The Swedish experience with negative central bank rates in 2015-2019:https://cepr.org/voxeu/columns/dont-do-it-again-swedish-experience-negative-central-bank-rates-2015-2019Swedish central bank blows itself up and needs a bailout:https://twitter.com/zerohedge/status/1717250200933212379https://news.yahoo.com/sweden-central-bank-needs-more-095704045.htmlChart of Swedish 3-month interest rates:https://fred.stlouisfed.org/series/IR3TIB01SEM156N# Highest taxed countries:https://wisevoter.com/country-rankings/highest-taxed-countries/#tax-rates-by-countryFed liabilities and capital:https://fred.stlouisfed.org/series/WOLCL I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #banks #Riksbank Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=5d2BopwH-CI