Our government in cohoots with the Federal Reserve have manipulated interest rtes to near zero. So, anyone who has any kind of dollars in the banks is receing nearly zero dollars. The bank then goes ahead and uses those dollars to profit. A few years ago interest rates were near 5%. Now that they are near zero, what the government has done is basically robbed savers of interest rates that they should have gotten had interest rates been determined by the market.
Interest rates are also artificially low in North America and in Europe. Canada has interest rates about 1%, the UK about 0.5%, Switzerland it's about 0.25%. Asia is another story. China is about 6%, Phillippines is about 3.5%, and India is about 8%.
There's been new recently about the Cyprian government getting levy on it's citizen bank holdings and stealing their money. Well in America it is nothing new. The difference is that in Cyprus the stealing is overt. In America it is covert. The American government steals your money through denying interest rates that should have benn given to you by having manipulated near zero interest rates. Plus, they devalue the dollar by printing money.