"Financial repression".

And the final link in the chain has become 2 simple words that the everyday man can use to understand how they are being shafted.
More specifically the motive for why successive governments have been shafting them.
Nice one David!
Why tax me to my face when you can also steal money out of my pocket when no one's looking..

https://www.interest.co.nz/personal-...deposit-savers