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The Riksbank was faster to realise its monetary error than the Bank of Japan.
She has no plans to challenge the monetary-policy independence of the Riksbank.
The new Swedish bank notes will appear from October 2015, according to the Riksbank.
Even better, the Riksbank felt confident enough in recovery to start raising interest rates in 2010.
The Riksbank, which is trying to stave off deflation, also increased the size of its quantitative-easing programme.
The Riksbank worried that rising household borrowing and soaring house prices could lead to trouble down the road.
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More than one of the reactionary recipients of largesse from the Sveriges Riksbank (the funder, not the Nobel Foundation) has gone off the rails either in action or words.
Instead the prize in economics was separately established and funded in 1968 by the Sveriges Riksbank, the central bank of Sweden, on the 300th anniversary of the bank.
Last year the Royal Swedish Academy of Sciences shared the Sveriges Riksbank prize – the official name of the economics Nobel – between three men whose research into economic behaviour showed that markets can be distorted.
The Bank of Japan recently joined the European Central Bank, the Danish central bank, the Swedish Riksbank and the Swiss National Bank in cutting rates to below zero to rescue their economies from deflation and the prospect of recession.
"We are moving in that direction," says Göran Lind, an adviser to the Sveriges Riksbank, the Swedish central bank.
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