This is correct. Ever since the US allowed consumer banks and commercial banks to merge, savings rate is usually less than a point, if that. Putting money in a

This is correct. Ever since the US allowed consumer banks and commercial banks to merge, savings rate is usually less than a point, if that. Putting money in a savings account is actually losing value at the rate of inflation - interest. Inflation is usually around 2-3%, interest is a point or less. (last time I checked). I think the downvote was the comment wasn't entirely relevant to what the OP was trying to demonstrate and might have gotten into the weeds a bit, but I don't know why people downvote. Who knows, it could have been a mis-click. Just say what you want to say, downvotes be damned.