Hi @exyle
I was wondering lately, how can negative interest rates affect regular joe? I'm also not sure how does it all work.
I understand that negative interest rates will allow to creating more debt, and that in result will "create" more wealth (more fiat currency will be printed).
It does sound like we will witness another economy boost and we will pay the price for it in the future (most likely our kids will suffer the most). Am I right?
Other problems you can expect is negative interest on your saving account. I'm pretty sure that's coming to.
Most likely we will have to pay for keeping savings on our accounts. Holding to our money will cost us some of those money.
Yours
Piotr