Jabs aside, your post starts off with this:
The basic point is that capital sitting in a hole FOREVER is theft from production and new knowledge creation. Savings and delayed gratification are important, but they are not so important that capital should grow in value FOREVER for doing nothing but sit in a hole.
There is a very subtle but extremely important question here that you may be missing, which I think deserves it's own post, and that is:
Does capital chase production and new knowledge creation? Or does production and new knowledge chase capital? Depending on how that question is answered may make the rest of your post completely irrelevant.