Tax ''thiefing Scumbags''

[Lawrence]

Once you've paid the tax on the 5 quid, what you've got left will buy less than the £1000 you had at the start of the year, thanks to inflation. Yes you've got more money, as in more pounds, but less wealth, which ultimately is the important thing, and what we mean when we say we're making money. We are getting less rich.

Yes, which is down to the pony interest rate.  Once that starts to go up again then savings will be making money.  Until then it's as you say.

So what you are saying is we would be better off spending our savings now on things we will need in the future... things like a new bike.

Exactly