Much has been written about the absolutely atypical interest rate levels occurring in the markets, as well as their impact on customers—who are obtaining much cheaper financing as a result—and their negative effects on the income statements of financial institutions. However, little attention is paid to the implications this situation has for citizens’ savings.
They are seeing how the money they manage to save yields barely noticeable returns. This is despite the constant reminders of how important saving is—indispensable as a supplement to the public pension system and essential for the consolidation and growth of a country’s wealth.
