Yes. Interest rates are low now, but over a 100 year period like you are complaining about compounding will offer a significant offset to inflation.
My point is largely that if the charitable argument still makes your point, it makes the situation look even worse than the favorable number and rhetoric against the system that you are using. Government policy towards inflation is partly a result of a desire to have people put their money to work, exactly in things like savings accounts, so it makes sense to account for those benefits, even in a criticism.
My point is largely that if the charitable argument still makes your point, it makes the situation look even worse than the favorable number and rhetoric against the system that you are using. Government policy towards inflation is partly a result of a desire to have people put their money to work, exactly in things like savings accounts, so it makes sense to account for those benefits, even in a criticism.