On BBC Breakfast this morning they announced that the incredibly low interest rates after the credit crunch have cost savers around £45 billion over those two years. Of course, borrowers have gained, to the tune of around £52 billion.
This it should be remembered comes in the wake of a financial disaster caused by people borrowing more money than they could afford to pay back, and generally not having enough money tucked away for a rainy day.
So you would think encouraging growth by encouraging people to borrow more and save less would be folly enough. To add insult to injury however, as growth is slack the government look likely to print more money. More money = higher inflation = even less value for those poor, prudent souls that are bothering to save money.
It really does beggar belief.