This does not mean that this idea should be rejected. The most important function of a thought experiment is not to produce a ready-made policy, but to challenge assumptions that we have stopped questioning. In this case, the assumption is that banking must always involve interest, with no other way to organize the relationship between […]
For low- and middle-income families, government savings certificates have traditionally been a reliable means of savings. Returns from these instruments often serve as an important supplemental source of income during emergency situations, including medical needs or rising household expenses. Government data shows that people are not only buying fewer savings certificates, but also selling certificates […]