The consequences of deflation of assets through negative rates

Some concerns for the ECB but not so much

-1% on bond rates and + 1% of core inflation is 2%/year deflation of assets ...

We must think in real rates to know if we lose or if we gain in purchasing power ... So currently, it's worse.

 The printed Billions are subtracted by the deflation of assets through negative rates and in the same time, the public debts have a new respite which avoids the break of the €. Savers in collective management will pay very dear; those in personal management must reorient themselves towards risk to live from their savings.