Unfortunately, many years of concentrated attention on this issue by policymakers and economists have failed to uncover a silver bullet for increasing household saving. One promising area that deserves more attention is financial education. The Federal Reserve has actively supported such efforts, which may be useful in helping people understand the importance of saving and to learn about alternative saving vehicles.
Perhaps this is because currencies have now become financial assets that are traded for profit motives with little or no relation to the economic situation or the balance of payments of the issuing country: the exchange rate has thus become more part of the problem than of the solution.