Czech govt is discussing using the pension funds and other "idle" money to fund infrastructure projects. They say the interest/yield will be competitive and risk "zero".
But some of the wording *feels* like they'd really like to get to the "idle money" in some less transparent way. Will the money on a bank account not only be "fractionally reserved", but also mostly transformed into govt bonds?
Russell Napier speaks about it in this video, saing Japan will probably go this way rather soon. "Saving institutions will be forced to invest in govt bonds".