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A comment on Ask HN: How to prosper under negative interest rates?. Parent comment

Re:Ask HN: How to prosper under negative interest rates? by tathougies on Tuesday March 31, 2020 @12:43PM (#22739425)
Cash equivalents include commercial paper and bonds. Cash equivalents are not the same as cash.
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Re:Ask HN: How to prosper under negative interest rates? by bwanab on Tuesday March 31, 2020 @01:54PM (#22740325)
There’s a reason they’re called cash “equivalents”.
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Re:Ask HN: How to prosper under negative interest rates? by tathougies on Tuesday March 31, 2020 @03:38PM (#22741593)
Um right, but commercial paper and bonds have interest rates, unlike normal cash. So while they're easily converted to cash, they do not suffer as badly from inflation.
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Re:Ask HN: How to prosper under negative interest rates? by quickthrower2 on Tuesday March 31, 2020 @11:15PM (#22745265)
They also carry risk of default.
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