Why do the governments of the world want to punish saver soo bad?

[SamuelRSmith]

kowenicki said:

Train wreck said:
want to, Guess I'm talking about the world low rate environment we are in.

By leaving interest rates in most of the developed world at record lows, its pretty much worthless to save your money so you are left to spend it or invest it. The Japanese tried this experiment first after their market and property bubble crashed in 1989 and they have yet to recover, wondering why other governments of the world are thinking this time around will be different.

it isnt an experiment, they need to and they also want to... interest rates have to be low and if a bi-product of that is that people go out and spend they will be very happy too.

The reasons for Japanese long term low interest rates are different to the global (western) situation now.

Why do interest rates need to be low?