In a sense, that is precisely what low/negative rates do. If cash-holders' futur... | Hacker News

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		ISL on Sept 30, 2019 \| parent \| context \| favorite \| on: Negative Rates Are Rewriting the Rules of Modern F... In a sense, that is precisely what low/negative rates do. If cash-holders' future purchasing power is diminished, it effectively redistributes future purchasing power to those earning money and making things now and in the future.

imtringued on Sept 30, 2019 [–]

In theory. In reality low income people do not have access to loans and therefore no access to low interest rates.

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