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Comment by wodenokoto | Hacker News Reader

100k what? Euro? That what be equivalent to the 750.000dkk limit parent listed as, old, initial limit that was lowered twice to reach the current 100k DKK limit.

The news (at least to Danes) isn’t that the bank may charge negative interest, but the at they are starting doing to savings we might actually have in the bank.

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My post was mostly about the fact the ECB has negative rates, not a 0 or 0.5% rate as parents' comment listed. The 100k is just an example from my country to indicate the negative ECB rates have been affecting most EU countries.

I think the more interesting discussion personally would be on inflation, rather than interest rates. In purely financial terms as an individual you tend to only care about purchasing power. I have a bunch of friends who're worried about paying -1% interest while they've held cash at 2-3% inflation for years.

> I have a bunch of friends who're worried about paying -1% interest while they've held cash at 2-3% inflation for years.

I agree with you very much on inflation being a hidden interest on all our money.

It's a 100.000 DKK limit. A Lot of people will be affected (not by much though). My girlfriend will have to pay about 300 DKK a year for having somewhere between 100k-200k in her account. I got my money in investments so I pay more than her in various fees, though I usually also make more while the market is climbing.

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