It sounds like the current system is heavily flawed and easily manipulable. If the economy is stimulated by people taking out loans, then it sounds like it can burst at any moment.
I think this is one flawed with bitcoin system though, it can easily be manipulate by those whales who have deep pockets. We have heard time many times so I'm sure that there's some truth in it. However, there are a lot of positive impact as well. Just look at how Japan manages crypto and fiat together, we haven't heard anything from them so far, so it looks like it's doable.
Yes here are some whales who are working just to spoil out money of other people and make profit for themselves. If we will allow them to manipulate the market only then they can, so dont listen to them just hold your coin. Your thinking is great here i must appreciate that bitcoin has really good impact on our life because it makes our economy higher.