You can argue that zero rates robbed savers, and that QE robbed them a fraction more, but let it never be forgotten that the state rescued the banking system across much of the industrial world in 2008. If governments had let banks collapse - and 4,000 went under across the US in the early 1930s - savers would have lost their shirts. They were in fact bailed out by the taxpayers, and little gratitude some show for it.