{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fworking-capital.simplecast.com%2Fepisodes%2Fwhy-your-savings-account-is-losing-Usx6mf5S","width":444,"version":"1.0","type":"rich","title":"Why Your Savings Account Is Losing","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/dcac09bf-f18d-4e9f-bd66-4b53719ce152/f6199b62-7a1e-4d16-a728-060d3150159a/2026-06-30t13-47-51-850z-cover.png","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/55c4b48a-278c-4fba-b0c8-3612d94d0f1c\" height=\"200\" width=\"100%\" title=\"Why Your Savings Account Is Losing\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"Interest rates sound simple until you realize they're not about what your bank pays you — they're about what the Federal Reserve charges banks, which then ripples down to what you earn. This episode unpacks the mechanics of how rates work, why your savings account hasn't kept pace with inflation for decades, and what that gap actually costs you over time. We walk through how banks borrow at the Fed's rate and lend to you at a spread, why that spread exists, and how monetary policy decisions made in closed rooms directly shrink your purchasing power. You'll learn the difference between nominal and real returns, why inflation is the silent tax nobody talks about, and how to calculate what you're actually losing by keeping money in a 0.01% savings account. The counterintuitive part: sometimes the smartest move isn't finding a better savings rate, but understanding why the system is designed to push you toward riskier investments."}