Nonetheless, the experience of foreign jurisdictions with longer traditions in this field shows that some form of supervision on the foundations and non-profit sector in general remains appropriate, especially as regards entitlement to favourable tax treatment.
It enhances the transparency of relative prices and thereby fosters competition. Inflation risk premia that would be asked for by investors in the presence of uncertainty about inflation are minimised. Firms and individuals do not need to heavily invest in hedging against inflation and deflation, and thus can allocate their resources to productive uses.