IEA Podcast cover image

Is Sweden Socialist? | IEA Podcast

IEA Podcast

00:00

The Origins of Credit Notes

Sweden was very late in developing banking. But the first Swedish bank changed everything. And then it's it started becoming adopted by other parts of Europe. Credit notes, that's just the basis of modern finance, have credit as part of it. It's not just a deposit money in the bank and you can take it out, but you have credit in the system.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app