At the same time the value of your savings would be decreasing even more by inflation. Only when interest rates > inflation do you win by saving. The Fed will NEVER allow that to happen for long because they don't want you savings. They want to drive you to invest in commodities so they can collect all those investment fees on your money, not to mention inflate stock bubbles so they can cash in. If private people could beat inflation and earn a little just by saving money a lot of people wouldn't be in stocks and bonds.
At the same time the value of your savings would be decreasing even more by inflation. Only when interest rates > inflation do you win by saving. The Fed will NEVER allow that to happen for long because they don't want you savings. They want to drive you to invest in commodities so they can collect all those investment fees on your money, not to mention inflate stock bubbles so they can cash in. If private people could beat inflation and earn a little just by saving money a lot of people wouldn't be in stocks and bonds.
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