NOW that’s true, but for the past few years, the interest rate on savings was well below the rapid rise in prices. So the fact that I can get 5% of my money market does not negate the fact that my groceries and gas is up by an average 25%.Me too, and I'm not starving the economy of money as my savings are still circulating in the economy while earning me interest, which is now above the rate of inflation.
I myself prepare for a rainy day, but half the country is struggling under Biden/Harris prices.