The Sisyphus Savings System

Nick Silver
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Nick Silver: University London

Chapter 4 in Finance, Society and Sustainability, 2017, pp 77-99 from Palgrave Macmillan

Abstract: Abstract In Greek mythology, Sisyphus was punished by the gods to be condemned for eternity to push a boulder up a hill, only to see it roll down again. This is exactly what happens to your savings. In the last two chapters, I introduced the capital markets and described how they are largely determined by governments.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-56061-2_4

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DOI: 10.1057/978-1-137-56061-2_4

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