Quote from: grue on July 12, 2011, 04:10:03 PM

Quote from: niemivh on July 12, 2011, 04:07:04 PM

A system in which he who can afford to sit the longest on their pile of money wins. A system that resembles a bunch of hens sitting on eggs rather than the exchange of goods and services and economic growth through production and investment. A system in which if a person was able to take a time machine into the future they would have become richer simply through the 'virtue of saving'.

better than inflationary currency, where everyone is buying mass produced electronics every year, and in the process, racking up a ton of debt

Isn't there a relative means of balancing these two opposing forces in the economic system? Moreover, why in our 'inflationary system', that i assume you are alluding to, does the inflation occur? What is the cause of it in your opinion?