Eikonomics

  • Central Bank of Iceland has a predictable problem

    The Icelandic central bank has a tricky problem. They  have to make a long(ish) term predictions about inflation for the tiny island of Iceland. As Iceland makes almost nothing it consumes and most of what it makes is produced using resources from abroad The price level in Iceland is extremely sensitive to the depreciation of…

    Eiki

  • The land of ice and fire. And high prices

    Dear reader, as you know, this blogger likes to write overly long posts with way too much detail and unnecessary content. As a result, many people do not read through. Therefore, if you do not care about who I am (which is totally understandable) or if you already know my story, then I recommend you…

    Eiki