Stampbit: As we have repeatedly tried to explain to you on our forums, out demurrage code can NOT be subverted by transactions, even moving a coin every single block dose not stop demurrage because it is computer PER BLOCK.  If you want to make economic arguments against demurrage that is one thing, but do not comment on technical designs that you do not understand and appear to have spent no attempt to understand, our code dose what we say it dose.

bitrick:  Obviously loans that are only spent to consume are unsustainable and I never said otherwise.  The question to you is WHY THEY STILL EARN INTEREST when they create nothing?  Further more the whole basis of your argument that 'savings' represent a reduction in consumption and at the same time are 'invested' to create future productivity is trying to have it both ways.  If I literally just remove money from circulation and don't purchase consumer goods no investment is created by this, if anything is causes a decline in investment because demand is now lower and the decrease in circulating money has cancelled any cheapening of the remaining good that might have occurred, so now theirs just over capacity and some portion of existing capitol has to be abandoned.  If I instead Invest money either directly or by loaning it to someone then that investment IS consumption, it's just the purchase of capital goods rather then consumer goods and the total consumption has remained constant and merely changed in composition.

No one can make a rational argument that simply stuffing money under a mattress has a positive effect on the economy or increases future wealth in any way, it is instead a tax on productivity and this has been know for centuries.  Investment CAN be productive and every reasonable person can see how it generates real returns and increased wealth, but mattress stuffers can not claim those benefits as being caused by their actions.  BitCoins economy is pure mattress stuffing without a hint of productive investment (no before you ask buying an ASIC with BTCs is not a productive investment), and the nature of the coin guarantees it always will be hoarded, that is the flaw in deflationary economics.