Curious to hear other people’s thoughts but don’t think you can look at negative rates in a vacuum, but rather also have a view on inflation as well as asset pr

Curious to hear other people’s thoughts but don’t think you can look at negative rates in a vacuum, but rather also have a view on inflation as well as asset prices (housing, equities, etc) E.g. in a world of negative interest rates and 0% inflation just holding physical cash solves most of your problem - however that does not solve your problem in a world of positive inflation and negative rates - then you need to be able to make up the difference on asset price gains...