4 ms·
Proportionate to the low interest rate. In Denmark money appreciates due to negative interests.
by madsbuch 5y ago
Proportionate to the low interest rate. In Denmark money appreciates due to negative interests.
- lotsofpulp 5y agoWould people in Denmark say their money buys more today than in previous years? Including purchases such as land, healthcare, education, and legal services?
- skybrian 5y agoI think you have the causality backwards. Negative interest rates are due to central bank policy. It seems in Denmark they are trying to keep the Krone pegged to the Euro. That is, preventing it from rising.