While the rate of Livret Afavorite placement of the French, should drop again this summerdeputies have looked into the remuneration of popular savings. Their observation is clear: regulated savings must be “reformed” and banks must better inform their customers of the risk of loss of value in the face of inflation, deputies Jean-Philippe Tanguy (RN) and François Jolivet (Horizons) said on Wednesday.
Regulated savings “is useful, but we think that it must be reformed in a sense of more clarity, efficiency and efficiency in terms of return,” said François Jolivet, co-rapporteur of the report, auditioned before the Committee on the Finance of the Assembly. He describes “a maquis of booklets”, ranging from booklet to to the corporate savings book.
The information report relating to the remuneration of popular savings and middle classes thus denounces the underuse of the popular savings book, whose opening is subject to resource conditionsS, which is however “much better remunerated” than booklet A. “It is judged that 40 % of eligible French people do not have it, while they have a booklet A,” says François Jolivet.
300 billion euros in lost purchasing power
“It therefore means that banks play a fully efficient advice role, since they do not lead the savings of the most modest French to the best regulatory investments, when they assume a mission of general interest,” he said.
Besides, when you open a booklet A, ” monetary erosion is certainE “, because” the formula for calculating interest no longer protects from inflation, explains Jean-Philippe Tanguy. Savers who do not know, who do not understand or who have not had any explanation or information on monetary erosion, in good faith, think that their savings are protected. But, according to the RN deputy, if she is “protected in nominal, she is not protected in the face of monetary erosion”.
This represents for him “a problem of moral contract between French savers, in particular the most fragile, and the public power and the institutions which must protect the savers”. Between 2020 and 2023, “300 billion euros in purchasing power disappeared, or in any case that have been lost, due to monetary erosion and the lack of defense of the French saver. »»
