"Idle savings" tax
Eurocrats such as Christine Lagarde, von der Leyen and other commissars are talking of "channeling private savingsā into investments.
Is the EU simply drawing inspiration from countries such as Sweden, or might something more nefarious be afoot? #ecb
A new two-minute read on Pareto!
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https://pareto.space/u/martin@enlund.org/1751268475804 #eu #savingsunion #cmu
Discussion
Yes, except that no savings are really "idle", even though Silvio Gesell (Bavaria's confiscation minister at one time) would disagree.