So what's wrong with that? People save money they are not going to need, so it sits there protected and gains a small amount of interest. They lend that money to people to purchase homes, automobiles, start a business...
Great, taking from one to give to another is an acceptable practice.
Sheesh ... do you ever do anything but twist yourself into a leftarded pretzel and whine?
Banks do not take money from people but rather provide a safe place for one's cash, facilitate transactions, and borrow from willing lenders (CDs, interest-bearing accounts, etc) nor do they give it to others. They lend it.
Do you by chance employ the direct barter system?
Lowering rates is taking from savers to boost investment banks.
Again you whine like a leftard.
Lower rates benefit hundreds of millions of borrowers who can afford more house, car, and education thanks to the interest saved, and savers have millions of non-interest bearing investment options. Lower rates mean more economic growth, jobs, and wealth creation.
Tell me Chicken Little, why are you always so negative?