Meginmál

“There is nothing new except what is forgotten” – presentation on the history of monetary issues

NOTE: This article is from 26. May 2015 and is therefore more than 5 years old.

Last week Thorvardur Tjörvi Ólafsson, Senior Economist at the Central Bank of Iceland, gave a presentation on the history of monetary issues in Iceland at a SWIFT meeting in Reykjavik. The title of the presentation was “There is nothing new except what is forgotten” – Short history of monetary issues in Iceland. The focus of the presentation is on similar developments surrounding Iceland’s three systemic financial crises: the 2008 crisis and the two crises in the 1920s and 1930s. The presentation is based partly on a forthcoming working paper co-written with Bjarni G. Einarsson, Kristófer Gunnlaugsson and Thórarinn G. Pétursson.