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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 tomp on Tuesday March 31, 2020 @02:45PM (#22740982)
Good explanation. Also wrong.

Denmark has a negative interest rate [1] but has had a (positive) inflation for a while [2].

[1] https://en.wikipedia.org/wiki/List_of_countries_by_central_b...

[2] https://data.worldbank.org/indicator/FP.CPI.TOTL.ZG?location...

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Re:Ask HN: How to prosper under negative interest rates? by dnadler on Tuesday March 31, 2020 @03:05PM (#22741204)
This doesn't mean that the OP was wrong, but that the negative interest rate policy successfully prevented deflation.
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Re:Ask HN: How to prosper under negative interest rates? by chewz on Tuesday March 31, 2020 @03:31PM (#22741507)
Denmark does not use euro and their NIRP had more to do with keeping parity of krona to euro then fighting deflation.
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Re:Ask HN: How to prosper under negative interest rates? by qeternity on Tuesday March 31, 2020 @06:20PM (#22743338)
You say this like trade imbalances (driven by FX) have no bearing on inflation...it’s the same side of the coin.
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Re:Ask HN: How to prosper under negative interest rates? by qeternity on Tuesday March 31, 2020 @06:19PM (#22743333)
I said battling deflation. I didn’t say undergoing. The reason you have negative rates are specifically to avoid deflation. It’s like you didn’t even read what I wrote. But thanks for the smug, and wrong, response.
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