This is not correct. Not saving will leave you with nothing. Some saving will leave you with something, regardless of the inflationary and interest-rate environ

This is not correct. Not saving will leave you with nothing. Some saving will leave you with something, regardless of the inflationary and interest-rate environment. What inflation > interest implies is that you should try to place your savings in in real assets, i.e., assets that are inflation protected, rather than in assets that just pay interest, such as bonds. In an inflationary environment, saving up to purchase a house can be an enormous, life-altering financial windfall for those who can do it.