[ww520]

It’s not a win win policy. The citizens lose massive amount of their money to government on the bond yield delta. It preys on people not knowing the effect of long term compound interest.

Edit: in fact interest delta is how banks make their huge profits except the government here does it by force.

[initramfs2]

What's your source on the yield delta? In fact if you bought regular Singapore government t bills you will actually get a lower rate than the CPF rate. And neither do banks and saving plans give higher rates.

[cm2012]

The average person does not make meaningful interest or investment income, its not practical to on individual small salaries.

[Aurornis]

In this case the citizens are forced to save, but the interest they're given is less than what they would have earned by saving the same amount on their own.

Also, the average person in the United States does have meaningful investments toward retirement age.