[landemva]

> you run into deflationary problems.

Deflation means people who save increase their purchasing power without gambling on stonks. The savers mentality is called low time preference.

Any problems from less consumerism would be felt by junk producers: plastic spinner toys, yet another streaming service, iGadget yearly upgrades. High time preference people are the market for short-lived trash. A currency with disappearing value encourages such consumption because it does not hold value.

Due to technology and manufacturing advances, price decreases (deflation) are natural.