Quote by Daniel Lacalle

"Negative rates are a huge transfer of wealth from savers and real wages to the government and the indebted. A tax on caution. They are the destruction of the perception of risk that always benefits the most reckless. The bailout of the inefficient."

Daniel Lacalle

Why Sweden Ended Its Negative Interest Rate Experiment...
https://mises.org/wire/why-sweden-ended-its-negative-interest-rate-experiment

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