Are central banks really independent?
Øyvind Thomassen: The central banks are involved in a poker game where they have bluffed at least since the financial crisis. And they dare not do anything but raise in each round.
After Jens Stoltenberg was launched as the hottest candidate for the CEO job at Norges Bank, newspapers and CEO economists have agreed on one thing: The experienced statesman is the only one who can rein in the unruly billionaire who heads the Oil Fund, Øyvind Thomassen writes.
His feature article Er sentralbankene egentlig uavhengige? (in Norwegian) was published in Dagens Næringsliv on 15 December, 2021.