My bank gives me 4%. Inflation is 7%. How is this good?

let me get this straight.

i give my bank my money. they lend it out at 10-12% interest. they give me back 4%.

i'm literally paying them to make money off me.

and the kicker? after inflation, i'm LOSING 3% a year by "saving." either i would put my money to defi, there are apps like asgard finance, kamilo etc that give at least 8-10% of yields , which is "actually" my money growing by at least 2-4%.

when i say this and then they counter "at least banks are secure."

i lived through 2008. watched "safe" banks collapse overnight. had to wait years to recover.

2023? svb, signature Bank, first republic - all gone. people couldn't access their own money.

but yeah, tell me again how keeping my money in a bank is "safe" and defi is "risky."

i am not saying defi is safe, its not risky, it is but at least in defi I know the risks. with banks, they just pretend there are none until there are.

wdyt?