My post was mostly about the fact the ECB has negative rates, not a 0 or 0.5% rate as parents' comment listed. The 100k is just an example from my country to in

My post was mostly about the fact the ECB has negative rates, not a 0 or 0.5% rate as parents' comment listed. The 100k is just an example from my country to indicate the negative ECB rates have been affecting most EU countries. I think the more interesting discussion personally would be on inflation, rather than interest rates. In purely financial terms as an individual you tend to only care about purchasing power. I have a bunch of friends who're worried about paying -1% interest while they've held cash at 2-3% inflation for years.