> Heavily penalizing accumulation of cash like that could be reasonable, but doing it without announcing it at least a year forward makes it hard to argue that

> Heavily penalizing accumulation of cash like that could be reasonable, but doing it without announcing it at least a year forward makes it hard to argue that it's anything but a cashgrap. Penalizing accumulation of cash (ie: negative rates) vs. Seizing cash are completely different things.