4 ms·

Doesn't it mean that the crowns are worth more over time (negative inflation)?

• roenxi 7y ago
  Quite unlikely if they are following the current monetary trend. Negative interest rates are going to be matched with large amounts of monetary creation by the banks and central banks (note they are paying people to borrow money). If someone were to try that policy in an English speaking country I'd be very confident that the creation would outweigh the destruction and that there will be massive wealth transfers from people who have cash savings to people who borrow money. Denmark will probably go that way too.
• dev_dull 7y ago
  No it’s he opposites! It increasing the pool of money and deflates its value. You are effectively encouraged to take out large loans.