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NZ looks to emulate the Swedish approach.

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Re: NZ looks to emulate the Swedish approach.

Postby Pyrpolizer » Thu Sep 10, 2020 4:58 pm

Paphitis wrote:NZ was one of the countries that went in hard and they achieved great results. Australia went even harder. also with great results.


Negative interest rates increase inflation that's an axiom. That's a bad result.
However there isn't much data, if any, of the positive results the negative interest rates might have.
It's quite possible that the overall result is +ve or even highly +ve.
So if you have more details of NZ's great results, do post them.
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Re: NZ looks to emulate the Swedish approach.

Postby erolz66 » Thu Sep 10, 2020 5:21 pm

Pyrpolizer wrote:
Paphitis wrote:NZ was one of the countries that went in hard and they achieved great results. Australia went even harder. also with great results.


Negative interest rates increase inflation that's an axiom. That's a bad result.
However there isn't much data, if any, of the positive results the negative interest rates might have.
It's quite possible that the overall result is +ve or even highly +ve.
So if you have more details of NZ's great results, do post them.


NZ has not to date pulled the trigger on negative interest rates. Sweden did so in 2015 and ran negative rates of up to 0.5% through till late 2019. It is being reported that NZ is looking to be about to do so having looked at what happened in Sweden between 2015-19 when they did it there. At least that is how I understand things.
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Re: NZ looks to emulate the Swedish approach.

Postby Pyrpolizer » Thu Sep 10, 2020 5:48 pm

erolz66 wrote:
Pyrpolizer wrote:
Paphitis wrote:NZ was one of the countries that went in hard and they achieved great results. Australia went even harder. also with great results.


Negative interest rates increase inflation that's an axiom. That's a bad result.
However there isn't much data, if any, of the positive results the negative interest rates might have.
It's quite possible that the overall result is +ve or even highly +ve.
So if you have more details of NZ's great results, do post them.


NZ has not to date pulled the trigger on negative interest rates. Sweden did so in 2015 and ran negative rates of up to 0.5% through till late 2019. It is being reported that NZ is looking to be about to do so having looked at what happened in Sweden between 2015-19 when they did it there. At least that is how I understand things.


Jesus!!
Paphitis was talking for the Corona virus all this time...
I knew he doesn't read links, but to just read the title and assume the thread was about the Swedish approach on Corona virus, is beyond beleif. :o :shock:
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