Near-zero interest rates on savings is theft.
Why?
Disagree. As yet, no one is forcing you to put your dollars into a private institution like a bank. You can always keep your fiat currency under your mattress or send it off-shore (Cayman Islands) or buy gold. Yeah, bank/money market interest rates suck, but it's still your option. At least you have that for now...
How much are your savings going to be worth after inflation?
It simply means you should be doing something else with the money.
The real theft is the difference between the miniscule interest your savings earn and their loss of purchasing power (value.) Every dollar the Fed prints and circulates devalues existing dollars. It's like watering whiskey -- the bottle's full again but Uncle Sam stole the good stuff.