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A few days ago there was a discussion about how Singapore forces their people to save and invest in bonds. The country makes money on the difference between the
by inanutshellus 7mo ago
A few days ago there was a discussion about how Singapore forces their people to save and invest in bonds. The country makes money on the difference between the daily/compound rates and it keeps their workforce working.
In other words, I suspect it's "we started with Singapore then compared to America" not the other way around.