The Best Cyprus Community

Skip to content


NZ looks to emulate the Swedish approach.

Everything related to politics in Cyprus and the rest of the world.

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.
User avatar
Pyrpolizer
Leading Contributor
Leading Contributor
 
Posts: 12893
Joined: Wed Mar 29, 2006 11:33 pm

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.
erolz66
Main Contributor
Main Contributor
 
Posts: 4368
Joined: Sat Nov 30, 2013 8:31 pm

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:
User avatar
Pyrpolizer
Leading Contributor
Leading Contributor
 
Posts: 12893
Joined: Wed Mar 29, 2006 11:33 pm

Previous

Return to Politics and Elections

Who is online

Users browsing this forum: No registered users and 1 guest