Savings account literally = savings.
>Banks can only provide you with worthless IOUs that objectively leak their value over time.
This is completely meaningless drivel.
Those "worthless IOUs" are what you buy fuckin everything with lmao. They are your medium of exchange, be real with me instead of spewing propaganda.
>anks *do not* provide people with a saving vehicle
Yes, they do
>with a saving vehicle which they actually own and are able to transact worldwide with.
You're adding extra bullshit on top that wasn't part of the original claim.
You're just saying their savings doesn't count because you don't like it. That's not an argument.
