News for hackers. Stuff that matters.

A comment on Dutch entrepreneurs avoiding negative interest by opening multiple bank accounts. Parent comment

Re:Dutch entrepreneurs avoiding negative interest by opening... by davidgay on Wednesday September 01, 2021 @12:28PM (#28381975)
>With interest rates trending ever lower since then.

Clearly not, the peak was in 1981 which is more than 50 years after the Great Depression: https://advisor.visualcapitalist.com/us-interest-rates/

[ Parent | on HN ]
Re:Dutch entrepreneurs avoiding negative interest by opening... by vineyardmike on Wednesday September 01, 2021 @01:26PM (#28382868)
>>>With interest rates trending ever lower since then.

We are at crazy lows compared to most of this time frame.

[ Parent | on HN ]
Re:Dutch entrepreneurs avoiding negative interest by opening... by eloff on Wednesday September 01, 2021 @07:20PM (#28386798)
That's missing the forest for the trees. No, it's not a continuous straight line down. But the trendline is, which is what I talked about.
[ Parent | on HN ]