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How Inflation Affects Your Savings

Inflation Linked to Savings Interest

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Inflation is destroying your savings.
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"The art of taxation consists in so plucking the goose as to get the most feathers with the least hissing." Jean-Baptiste Colbert, French minister of finance (1165-83)

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Your Comments

  • John.: The thing I'd like to know is, at what point did private banking profiteers mana...
  • Edward: I do enjoy studying the origins of banking. I do loathe the banks’ crafty tactic...
  • Edward: Keeping money under the mattress makes the effect of inflation eroding our savin...
  • BrokenByQE: Good article on FT.com "Low Rates:The drug we can all do without" by Satyajit Da...
  • frances: If 30 somethings have money to invest or save they are in a far far better situa...
  • frances: Sorry but LEGALISED THEFT is exactly what MK and the MPC and their grubby chorts...
  • Alan: You know, it's not just pensioners who are losing out. My wife and I and our fri...

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Savings Stats

Gross National Savings as a % of GDP 2010;

European Union 18.64%

France 17.81%

United Sates 12.41%

UK 12.22%

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